Source: Manhattan Institute
Report
"In 2012, nearly 1 million California households faced “energy poverty”—defined as energy expenditures exceeding 10 percent of household income. In certain California counties, the rate of energy poverty was as high as 15 percent of all households."
Report
The report notes that the state’s renewable-energy mandates and carbon cap-and-trade program have forced electricity prices to rise, as they have implemented a “regressive energy tax, imposing proportionally higher costs in certain counties, such as California’s inland and Central Valley regions, where summer electricity consumption is highest but household incomes are lowest.”
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