In today’s age, utilities such as gas, water, & electricity are a necessity to maintain comfortable living standards. Due to the need of these life dependent resources, privately owned utility companies leverage American citizens for every dollar they can. The following actions will help to provide affordable utilities to the people without creating unreasonable restraints on the supplier.
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Abolishing energy consumption, preparation, & distribution taxes for all residential customers.
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Putting a cap on energy consumption rates. Currently, billing rates per Kilowatt hour increase after a certain KWh is reached. This bill would force companies to maintain a standard charge rate per KWh without increase.
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Government funding for any value over a maximum monthly charge.
This will require utility companies to use the following maximum consumer charge rate each month based off the size & age of the home. Residential monthly charges should not exceed $100 per 1,000 sq ft. for homes built after 1940 & no more than $75 per sq ft. for homes built on or before 1940.
Any additional charges will have to be formally claimed as a loss on a tax return each year by the provider. -
Increase tax deduction opportunities for energy saving upgrades to homes.
All energy saving upgrades should be made tax deductible in conjunction with the standard deduction , instead of only being included in an itemized deduction value. This will allow people to still claim their standard deduction amount while also getting credit for itemized energy saving products.
This includes but is not limited to:
(a) Energy efficient air conditioners
(b) Solar panels & converters
(c) Insulations, windows, doors, & seals.
(d) Electric water heaters & energy efficient tanks
(e) Power saving lights & thermostats
(f) Any other home appliance that claims “power saving” or “energy efficient” by the manufacturer. -
Mandatory seasonal energy rate decreases.
Utility providers will be forced to reduce consumer rates by at least 50% relative to seasonal changes.
This will apply to natural gas providers in the winter months & electricity providers in the summer.