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​California Power Bills Are Soaring – Tyler Durden

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​California Power Bills Are Soaring – Tyler Durden

California Power Bills Are Soaring Authored by Tsvetana Paraskova via OilPrice.com, California residents face the second-highest average electricity bills in the U.S., driven by investments in wildfire mitigation, grid upgrades, and renewable energy integration. The surge in electricity costs has left nearly 1 in 5 California households behind on their energy bills. California is transitioning to a new net billing tariff for residential solar and a flat monthly fee structure for electricity in an effort to make electrification more affordable. Consumers in California have seen their electricity bills surge in recent years and double over the past decade as utilities…  — Continue at ZeroHedge News : Read More