Power lines in Carlsbad. REUTERS/Mike Blake State utility regulators voted Thursday to let California’s largest power providers charge their customers a new monthly flat fee in exchange for a reduction in the overall price of electricity, a controversial change to the way that millions of households pay their utility bills with weighty implications for state climate change policy. Under the new policy, utilities will be required to reduce the price households pay for the electricity they use every time they charge a phone or run an air conditioner. That rate cut will vary from between 8% and 18%, depending on the utility, season and time of day, according to the commission’s analysis.
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