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 …CONTINUE READING
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 …CONTINUE READING