California regulators OK change of how power bills are calculated

By ADAM BEAM
Associated Press

SACRAMENTO, Calif. (AP) — California regulators have voted to change how some power companies calculate their customers’ bills. The state’s public utilities commission on Thursday approved a proposal that would add a new monthly charge to most people’s electric bills. For many, it will be a charge of $24.15. For those with lower incomes, it will be $6 or $12 per month. In exchange for the charge, the price of electricity per kilowatt-hour will drop. That means customers who use a lot of energy will likely see savings, while those who use less electricity could see their bill increase. Most states already allow fixed-rate charges.