Tom Steyer vows to cut electricity bills by 25%, but experts say the details fall short

Tom Steyer vows to cut electricity bills by 25%, but experts say the details fall short

In summary California has the second-highest electricity bills in the nation, and no candidate for governor has honed in as much as climate investor Tom Steyer. But is his promise to cut bills 25% realistic? It’s 2026, and “lowering utilities bills” is the new “housing affordability” for Democratic politicians. In the governor’s race, self-funded billionaire candidate Tom Steyer is declaring he’ll reduce electricity bills by 25%. The environment…