By ADAM BEAM | Associated Press
SACRAMENTO — It’s become a rite of summer in sunny California: When the temperature spikes, so do electricity bills, leaving some customers with monthly payments over $500.
A big reason for that is the way California’s largest power companies calculate rates. The more power you use, the more money you pay — not just for electricity, but also for things like maintaining the grid and reducing wildfire risk.
A proposal unveiled Wednesday by state regulators aims to change that.