Business
LADWP and Edison rates are rising. What you can do to lower your bill
If you are a Los Angeles County resident who gets electricity through the Los Angeles Department of Water and Power or Southern California Edison, you have probably been shocked by a recent increase in your monthly bill.
Even more frustrating, your bill probably went up even if you haven’t changed how much power you use.
The reason: The LADWP approved a budget in June that included a rate increase to help fund the maintenance of the utility‘s infrastructure, including replacing poles, cross arms, transformers and transmission lines, said Ann Santilli, chief financial officer for the LADWP.
“It’s really to ensure that we have reliable service throughout the city,” Santilli said.
That’s reflected on bills by an increase that can go as high as 1.1% in your total consumption charge. But the increase isn’t consistently applied, as the LADWP only hikes the rate when it spends to fund maintenance or repairs on existing infrastructure projects.
For Edison customers, an increase approved by the California Public Utilities Commission in 2022 hiked rates by 17%, with further increases going into effect Jan. 1.
The average monthly residential electric bill was set to jump from $174.70 to $178.34, a 2% increase, after Jan. 1, Edison said.
The utility says the rate increases are needed to cover the rising cost of purchased power and ongoing grid maintenance and repair.
There are changes you can make to your lifestyle to reduce your electricity use — and your bill. There are also programs to help with payment plans.
How can you reduce your electricity use?
If you are an LADWP customer, you can take a closer look at your energy consumption with the online Energy Advisor Tool. After answering a series of questions, you’ll be given tips to reduce your energy consumption.
The tool offers a home energy calculator, bill analysis, energy forecasting, rebate recommendations and savings tips.
There are also several steps you can take to reduce energy use around your house, such as changing the way you use wall outlets.
Edison suggests that, rather than directly into a wall outlet, you plug your your appliances, TVs and device chargers into power strips that you can turn off when the equipment isn’t in use, reducing your power consumption.
The California Public Utilities Commission suggests you charge your laptop, cellphone or tablets before 3 p.m. or after 9 p.m. when electricity rates are lower.
Instead of running your clothes dryer, line dry your clothes if you have the space in your home.
Older appliances that are plugged in all day might be using a lot more energy than you realize, Santilli said.
For example, some customers have multiple refrigerators, including an older, energy-gobbling refrigerator in the garage. It might be time to consider whether the second appliance is necessary.
Another update you can do is to replace incandescent light bulbs with LED bulbs. It helps cut power costs and is an inevitable switch due to the Energy Department’s efficiency rules that went into effect in 2022 taking most incandescent bulbs off the market.
That tip applies to outdoor lighting as well, Santilli said, suggesting customers look for outdoor lighting that is low voltage and uses less power.
Need assistance paying your electricity bill?
Learning what repayment programs or discounts you qualify for is a phone call away for LADWP customers.
You can talk to an expert who will help you determine what you can afford to pay each month as well as whether you qualify for any discounts, said Ellen Cheng, media relations manager for the LADWP.
“If [the customer] needs help spreading out those payments, we’re here to help and we’re actually very accommodating and eager to work with our customers,” Cheng said.
Cheng points to two programs for customers having trouble paying their bills, though they don’t provide discounts:
- Level Pay assesses your annual energy usage and then calculates a monthly average so you pay roughly the same amount every month. That lowers your bill in months when you use the most electricity (typically the summer) and raises it in months when you use the least (typically the winter).
- Extended payment arrangements give EZ-SAVE and Lifeline customers up to 48 months to pay their overdue balances with no interest charges or fees.
To enroll in either program, call (800) 342-5397 or, for TDD service, (800) 432-7397.
Edison’s Lifeline Rate Program offers seniors and disabled customers a discount on their electric and other utility bills.
Eligible customers can also sign up for a payment program where charges are divided into equal installments and billed separately each month apart from your current bill. See eligibility rules online.
Edison also has two programs to help qualifying families lower their monthly bills:
Call (800) 798-5723 for more information or to apply. Applications can also be submitted by mail or online.
Business
Read Nick Bilton’s Letter to Scott Pelley
Dear Mr. Pelley:
I meant what I said in my letter last week to the 60 Minutes team: joining 60 Minutes is the honor of my career and I am grateful to be working alongside the people who have contributed to the most important television journalism brand this country has ever produced. While I’m new to 60 Minutes, I’ve devoted my career to investigative journalism and storytelling. I started this job excited to collaborate and to benefit from the wisdom and experience of the 60 Minutes veterans, with you among them. For that reason, one of the first things I did in my new role was call you to talk and invite you to dinner. It is a profound disappointment that you rejected that overture and chose ambush instead. Yesterday, you hijacked my first meeting with staff to disparage me, my qualifications, and my intentions with remarkable incivility and contempt. I welcome a diversity of viewpoints and respectful debate among the team, but this was nothing of the sort. Yesterday’s performative display of hostility enacted in front of the staff instead of in a civil, private conversation-demonstrated that you have no interest in contributing to the future success of the show, or approaching my new tenure with a mind open to collaboration and progress. I am here to deliver first-in-class news programming, not to make headlines about newsroom drama. I am eager to work alongside those who share this goal.
Despite yesterday’s misconduct, I had hoped that in sitting down with you today we could find a path forward together. You made clear that you are not interested in such a path.
Your antipathy to the future of the show has come through loud and clear. And I have heard you. I therefore write on behalf of CBS News, Inc. (“CBS”) to inform you that your employment with CBS is terminated for cause effective immediately. Enclosed is your formal termination letter.
Sincerely,
Nick Bilton
Executive Producer, 60 Minutes
Business
Aspiration co-founder sentenced to 14 years for fraud
The co-founder of Aspiration, Joseph Sanberg, was sentenced to 14 years in prison on Monday after defrauding investors and lenders of over $248 million.
The startup, an eco-friendly digital banking company boasting fossil fuel-free investments, carbon offsets for gas purchases, and a debit card with cash-back benefits for shopping at clean companies, was founded by Sanberg and Andrei Cherny. Cherny left the company in 2022 and has not been charged.
Sanberg, an Orange County native, pleaded guilty to wire fraud in October after being arrested in March last year. Aspiration subsequently filed for bankruptcy and liquidated all of its assets by July.
Sanberg and venture capitalist Ibrahim AlHusseini, who also faces charges, together forged a series of bank statements in order to obtain loans. From 2020 to 2021, the pair forged AlHusseini’s bank statements to show millions of dollars in assets in order to obtain millions of dollars from lenders.
Additionally, they forged a letter from their audit committee stating that $250 million in funds were available, when in reality Aspiration had less than $1 million. The amount of loans defrauded exceeded $248 million.
In 2021, Sanberg artificially inflated Aspiration’s 2021 revenue by $44 million by recruiting 27 fake customers to sign letters of intent pledging tens of thousands of dollars per month for tree planting services. Sanberg himself funded the contracts and used the inflated revenue numbers to obtain more loans.
The charges sparked an NBA investigation into salary cap allegations due to Aspiration’s connections with Clippers owner Steve Ballmer.
Ballmer personally invested $60 million in Aspiration, all of which was lost. He is now the target of a civil lawsuit alleging his participation in the scheme. Ballmer denies the allegations.
The team announced a $300-million sponsorship deal with Aspiration, and Clippers player Kawhi Leonard signed a four-year, $28-million marketing contract with the company, which reportedly performed no duties. The issue has raised concerns about how players are circumventing the NBA’s salary cap.
The team lost the $300-million sponsorship deal and an additional $20 million paid for carbon offset purchases.
Business
Monterey Park takes landmark vote on banning data centers
Residents in the city of Monterey Park will be the first in the nation to vote on a permanent ban on data centers Tuesday.
If approved, Measure NDC would prohibit data centers within the city limits and could only be overturned by another vote.
Yard signs saying “No Data Center” in English and Chinese with images of dragons line sidewalks in the San Gabriel Valley city.
As a wave of data center opposition sweeps the country, numerous towns and counties across the U.S. have instituted temporary moratoria and other restrictions on the facilities. But only a handful have instituted indefinite bans, and just four other towns have sent related matters to the ballot.
Supporters are hoping the vote will set a precedent for the rest of the region, where residents are fighting proposals in Vernon and City of Industry.
“This is about as permanent a ban as we can get,” said Steven Kung, co-founder of the group No Data Center Monterey Park. “Winning Measure NDC would send a huge message to the rest of the San Gabriel Valley about how residents don’t want data centers.”
The ballot measure emerged from the fight against a 247,000-square-foot center proposed in 2024 by the Australian-owned investment firm HMC StratCap for a residential area in Monterey Park.
The facility would have sat less than 500 feet away from the nearest home and used three times the electricity of the 60,000-person, predominantly Asian American city.
While the developer touted the potential for jobs and tax revenue, residents expressed concerns about noise and air pollution, rising electricity rates and a potential to lower property values.
The company pulled its plans in late March following public outcry and a March 4 city council vote to extend a temporary data center moratorium and place a ban on Tuesday’s ballot.
In a letter to the city council, HMC StratCap said it would pursue a different use for the land and would not engage in a ballot measure fight.
The city council later banned data centers indefinitely, the first in California to do so, said Mayor Elizabeth Yang. But she’s still been out campaigning for the measure with all four other council members.
“If a council puts in an ordinance, a future council can reverse it too,” said Yang. “With the ballot measure, unbanning it is a lot harder because you need the entire city to vote on it.”
The measure proposes the ban “to protect air quality, drinking water resources, and public health” and “prevent impacts to electricity and water rates.”
While California places third in the country for existing data centers with about 300 facilities, it hasn’t been a hot spot in the recent AI-driven data center boom. High electricity rates, expensive land and regulatory hurdles mean that fewer, and smaller, facilities are currently planned than in Virginia, Texas, Georgia, Illinois or Arizona.
“Most of California’s data centers are small by today’s standards,” said Shaolei Ren, an engineering professor at UC Riverside who studies how to reduce the environmental impacts of data centers. “Ten years ago, they would be medium-sized, but the power demand for new AI data centers has increased a lot.”
The average operating data center demands 45 megawatts, according to the Washington Post, while the average planned one would draw 430 MW. The one proposed for Monterey Park would have required about 50 MW at peak demand.
As proposals crop up in SoCal, they’re met with fierce opposition. Montebello, El Monte and Baldwin Park have all enacted temporary moratoria, and Alhambra recently banned data centers as part of a zoning code update. City of Industry, Vernon, City of Commerce and Santa Fe Springs are moving in the other direction, trying to court developers and streamline data center approvals. Community groups are fighting that.
Outside the San Gabriel Valley, residents of Coachella and Imperial County are showing up in droves to protest local proposals.
Matthew Shaw, a volunteer with the Coalition for Responsible Data Center Development, who recently published a report on opposition to AI data centers, said a vote to ban them in Monterey Park “would lead to copycats, partially because so many groups are just opposed to any data center development at all.”
While there is no formal opposition to Measure NDC, some building trades like Ironworker Local 433 supported the Monterey Park data center when it was still live before city council. Those in the data center industry are lamenting the state of public opinion.
“These are multi-billion-dollar assets that are built by multi-trillion-dollar companies. These things will get done,” said Mehdi Paryavi, chairman of the International Data Center Authority. “My biggest problem is that our industry does not invest enough in community engagement.”
Paryavi said towns that seek to limit data centers are missing out on thousands of jobs generated by data center construction, operations and customers, as well as faster artificial intelligence speeds and better performance.
Kung said local community organizers are “looking at the empirical evidence” and seeing a ban as a win.
“We’ve never seen a city that embraces a data center and is like, ‘Look how our quality of life has increased, look how all the revenue has gone into citywide improvements,’” he said. “That just doesn’t exist.”
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