Professor: California sees nation’s least affordable electricity

(The Center Square) – California is experiencing the country’s biggest hikes in electricity rates, according to new research from the Energy Institute at the Haas School of Business at University of California, Berkeley.

The research was detailed in a blog post written by an economics and business professor at the university.

According to the research, electricity rate increases have gone up by 39% between 2019 and 2025, much higher than any other state. The closest jurisdictions to California’s numbers are Maine and Washington, D.C., which are both at 37%; Maryland, 21%; New York, 20%; and New Jersey, 17%.

While there is no one single reason for why electricity has become so unaffordable across the country or state, there are a few reasons for why electricity rates in California have gone up above the national average in the last several years, according to the researcher.

“I...