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(The Center Square) - California utility prices have increased 51% more than then national average, while California rents have increased 21.6% less than national average, according to a new ...
But millions of others are likely to see increases at a time when Californians currently pay the second-highest electricity rates in the nation after Hawaii, and PG&E customers saw new rate hikes ...
(The Center Square) – California has completed yet another year with some of the highest electricity rates in the country – almost double the national average. The state’s electricity rates ...
This creates competing aims of capital attraction and fair prices for customers. Utility companies are therefore allowed to charge "reasonable rates," which are generally regarded as rates that allow utilities to encourage people to invest in utility stocks and bonds at the same rate of return they would in comparable non-regulated industries. [4]
A properly levied utility rate increase can be applied for purposes of generating increased utility revenues, but if those increased utility rates are also applied for purposes of generating increased utility user tax revenues, that might be a tax "increase" and trigger the voter approval requirement under Proposition 218.
Water and wastewater tariffs include at least one of the following components: a volumetric tariff, where water metering is applied, and; a flat rate, where no water metering is applied. Many utilities apply two-part tariffs where a volumetric tariff is combined with a fixed charge. The latter may include a minimum consumption or not.
Sacramento’s Municipal Utility District was cited as inspiration for the move. But comparisons across the state are difficult. New utility rate change touches political nerve over California’s ...
These rates have remained relatively stable over time. [2] The increased interest in privatizing public water services is an outgrowth of political forces and public policies favoring privatization of public services generally, and water resources specifically. A growing number of contracts to privatize public water services is an indicator ...