#electricity-rates

#electricity-rates

The California Public Utilities Commission is expected to allow Southern California Edison to hike customer bills by nearly 10% next month, and there may be more increases to come. Edison's plan would boost the average residential bill by $17 a month or about $200 a year, the commission said. The monthly bill for a customer using 500 kilowatts would jump from $171 to $188 on Oct. 1. The five commissioners are scheduled to vote Thursday on the PUC administrative law judge's proposal. It's just one of multiple rate hikes Edison has asked the commission to approve in the coming year.

Duke Energy's proposal to merge its North and South Carolina utility subsidiaries aims to save customers over $1 billion within ten years through operational streamlining and shared infrastructure costs.

Senate Bill 332 aims to impose stricter audits on PG&E and other for-profit utilities, tying executive compensation to safety performance and exploring public ownership alternatives.

Renewable electricity has the lowest cost of all generation methods. The big reason for high electricity rates is the cost of new transmission lines, not clean energy mandates.