Fifteen years ago, California had an energy crisis, and state regulators effectively froze prices for consumers who used the least amount of electricity. Since then, the growth of private utility companies has been paid for by those who use the most. The Public Utilities Commission says that's not fair, and it enacted sweeping changes last Friday. Those who use the most will see their rates going down. Those who use the least will see an increase.
Your Electric Bill May Go Up, Even if You're Conserving Power
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Credits
Guests:
- Russ Garwacki - Southern California Edison - @SCE
- Mark Toney - The Utility Reform Network - @UtilityReform