Your income may soon affect how much you pay for electricity in California

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Your income may soon affect how much you pay for electricity in California
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Three major utility companies in California are looking to restructure customer billing based on how much money you make.

California's three largest power companies - Southern California Edison, Pacific Gas & Electric, and San Diego Gas & Electric - have submitted a joint proposal to the Public Utilities Commission outlining a fixed rate restructuring that would be based on one's income.

The plan would break down monthly bills into the fixed rate plus a reduced usage charge based on consumption. According to officials this fixed-rate plan would reduce monthly bills for low-income customers and if electricity usage is controlled, bills would also be lowered.Above $180,000:

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