DWP Rates Going Up Again -- Is Your Housing Still "Affordable"?
Anyway, according to the L.A. Times, "The average DWP residential customer whose electric bill is now $606 annually could potentially see that rise incrementally to $680 by 2010."
(By the way, is YOUR electric bill that low? Or are they counting everyone in the household -- including kids, dogs and parrots --as a customer?)
In view of this rate hike, you should double-check your figures to make sure your housing is still "affordable housing." The definition of "affordable housing," straight from HUD, his "Housing for which the occupant is paying no more than 30 percent of his or her income for gross housing costs, including utilities."
So if this rate hike pushes you even one penny above the 30% mark, you no longer live in "affordable housing."