California Adopts One of Nation's Highest Fixed-Utility Fees.

California regulators have voted to implement one of the highest monthly fixed-utility fees in the country, in an effort to change how customers in the state pay for electricity. Utilities owned by PG&E Corp., Edison International, and Sempra will be able to charge customers around $24 per month starting at the end of the year to cover infrastructure costs. In exchange for the higher fee, customers will pay slightly less for each kilowatt-hour used. The change aims to address an affordability crisis for utility customers in California, but critics argue that it may disproportionately impact low-income customers and those with rooftop solar installations. [Extracted from the article]