California Democrats Will Try Again to Slash High Energy Bills
Written By Alejandra Cruz
Source: The Mercury News/Bay Area News Group | By Grant Stringer
The most influential bill introduced so far this session is Becker’s Senate Bill 254, which was released in its expanded form on Tuesday. The bill is intended to give ratepayers relief by paying for some projects with other sources of funds, expand subsidies for low-income residents and provide all customers with credits to use during summer months when bills are priciest. It would also expand oversight and transparency of rate increases and utilities’ profits.
The influential consumer advocacy group The Utility Reform Network supports the bill for its combination of long-term cost reductions for ratepayers and immediate relief, executive director Mark Toney said in an email.
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