The general rate cases for the next year-and-change are posted. The CPUC rubber stamps them, so we already know that there are upcoming rate hikes of around 16% within the next year.
https://www.pge.com/en_US/about-pge/company-information/regu...
Soon your bill will be linked to how much you make. So if you're in the top half of income earners, then you'll be charged more.
https://www.nrdc.org/experts/merrian-borgeson/cas-energy-tra...
That's already the case where I'm at (not California). The electric bill often comes with inserts explaining how I could save money if my income is below some threshold. Same goes for my other utility bills.
What if everything worked like this? Income would have no meaning anymore. If we thought this labor shortage is bad, I can't imagine how we'd get through the one that would cause.
That way you are still incentivized to make more money.
- 2018: 16.75p/kWh + 5% VAT
- 2021: 20.9p/kWh + 5% VAT
- 2022: 27.99p/kWh + 5% VAT
And there seems to be no end in sight. To add insult to injury my energy supplier also bumped the "Standing charge" from 30.61p/day to 53.45p/day.
There isn't a lot of choice at the moment to try and reduce costs due to the idiotic state of the UK energy market right now.
Our country has been mismanaged in this regard to a point where I don't see this being solved in the next 20 years, also ideologically the majority does think low energy prices are bad now, so don't event want this fixed.
Is the 'hydro' (as they call it) cheap there? I heard the opposite, but that from a Canadian, so perhaps it's just that it's gone up a lot (as everywhere) and they didn't appreciate their lower starting point.
Edit: oh, very variable between provinces - https://www.energyhub.org/electricity-prices/
But yeah, the corruption is pretty bad here (of course, relatively speaking in the context of first world countries). A few dozen large corporations basically own our government.
https://www.pge.com/en_US/residential/rate-plans/rate-plan-o...