I hate that approach so much. By increasing prices you're not reducing demand, you're just making it less affordable for people who might need it equally than those who are in better paid jobs etc.
I prefer the approach of improving energy efficiency (short to mid term time scale) and investing in greener energy sources (mid to long term) to bide us time until nuclear fusion becomes viable and thus electricity consumption no longer becomes a harmful process.
We shouldn't punish people less fortunate than ourselves for our own gluttony - which is all that raising prices would do.
I prefer the approach of improving energy efficiency (short to mid term time scale) and investing in greener energy sources (mid to long term) to bide us time until nuclear fusion becomes viable and thus electricity consumption no longer becomes a harmful process.
We shouldn't punish people less fortunate than ourselves for our own gluttony - which is all that raising prices would do.