electric rates
What’s New About Income-Graduated Fixed Charges?
California is in the process of making income-graduated fixed rates a part of ratepayers’ electric bills. This is the second post in a series that follows that proceeding.
California’s new income-graduated fixed charge (IGFC) policy makes two major moves. The IGFC 1) unbundles costs from volumetric rates and shifts a portion of those costs into a separate fixed charge and 2) imposes the fixed charge on the basis of income. The IGFC has been described as unprecedented—but just what is new about this …
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CONTINUE READING…and another thing about electric rates and the environment…
Last week, I wrote about how a proposal to change the design of residential electric rates might get in the way of efforts to encourage energy efficiency. Sushil Jacob, a keen-eyed student in my Energy Regulation and the Environment class, points to another potential problem. PG&E, the largest utility providing service in California, wants …
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