California residents could see an extra $24 added to their electric bills starting in May, based on a new monthly fee adopted by the California Public Utilities Commission , and a finance expert spoke to Newsweek about how this could affect families.
Those who are already enrolled in California's assistance programs—like the California Alternate Rates for Energy and Family Electric Rate Assistance Program—would get a discount under the new rate, but that's limited to a small number of low-income families.Altogether, the new fee is believed to bring an increase of between $64 and $225 for Californians living in apartments and duplexes, the coalition said.
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