State rebates could offset electrical sticker shock, finds a new study
Forcing utilities to pay for their carbon emissions, as California plans to do, will mean more costly megawatts. Six months before formal compliance with the state’s new cap & trade system begins, regulators are still sorting out what to do about that.
One of them is to provide rebates to offset hikes in electric bills. A new report from the clean-economy advocates, Next 10 attempts to sort out the options and put some concrete numbers on them. For example, the authors estimate that for PG&E customers, pricing carbon will add somewhere from two-to-seven dollars a month to summer electric bills, and anywhere from $2.50-to-more than $10 for customers served by Southern California Edison. Where you fall in that range depends in part on which of California’s many climate zones you live in. Places like the Inland Empire, which rely more on air conditioning, would fall in the upper end of the range. Continue reading Cap-and-Trade and Your Electric Bill








