Here comes ‘Socialized Electricity’ If you make more money you will pay more

About 1 in 6 American households are behind on their utility bills, the highest number on record, according to the National Energy Assistance Directors Association. Photographer: Michael Nagle/Bloomberg

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • California Goes ‘Socialized Electricity’ – Income-based Electricity Fees in Push for ‘Equity’
  • This recent endeavor is sold to the residents of California as a way to increase ‘equity’ and help California save the planet from climate change.
  • But will this push for “equitable energy” actually create equitable outcomes, and where do these ideas in penalizing those with means to allegedly help those without seem to originate? How is it that we’ve reached a point where you might prefer not to make more money in order to keep your bills down?
  • California plans to use resident income levels to dictate electricity fees to decrease low-income family electricity costs. To break down the potential numbers, a resident who makes over $180,000 a year could pay up to $500 more in electricity fees yearly.
  • Compare that to a resident who makes less than $28,000 a year is estimated to save up to $300 annually in electricity fees under this new construct.
  • According to the rhetoric, it is to help expand and modernize California’s “green” electrical system. In case you forgot, California plans to ban fuel-burning vehicles by 2035.
  • It is estimated that the state will need to spend more than $9 billion on its power grid to make this pie-in-the-sky switch to renewable energies.

Read the original article by clicking here.

Leave a Reply