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California proposal would change how power bills are calculated, aiming to relieve summer spikes

It's become a rite of summer in sunny California: When the temperature spikes, so do electricity bills, leaving some customers with monthly payments over $500. A big reason for that is the way California's largest power companies calculate rates. The more power you use, the more money you pay — not just for electricity, but also for things like maintaining the grid and reducing wildfire risk.

California proposal would change how power bills are calculated

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