Unlike groceries and rent, electricity costs are closely regulated by states. That means state regulators could try to rein in utility companies' profits to reduce customers' bills.
A State of Wealthy Entrepreneurs Passes a ‘Millionaires' Tax' The New York TimesWA income tax clears House after 24-hour debate The Seattle TimesHouse approves 'millionaires tax,' bill heads to Senate for confirmation king5.comWashington's 9.9% Millionaire Tax Raises Fears Of Wealthy Exodus ForbesSome states