Comment by buckle8017
Comment by buckle8017 7 hours ago
The price of electricity in blue states has sky rocketed.
Electricity in SF is now more than $0.50/kWh OFF peak.
It is certainly not a coincidence that CalISO has contracted with the most solar generators.
It really is absurd how expensive our energy is across the state. Meanwhile Virginia gets electricity for 15 cents a kwh.
Notably, the municipal power companies mostly are far lower. It's PG&E and SoCal Edison who are that high, because they're shoving the costs of doing 75 years worth of deferred system maintenance all at once onto current ratepayers instead of their investors taking the hit. It's too bad that there wasn't a viable legal framework whereby the investor-owned utilties' shareholders could be wiped out as they deserved to be, and the utility infrastructure transferred to municipal ownership. Around PG&E's bankruptcy there were rumblings, but Sacramento couldn't figure out how to do it, so they propped them up and created a Wildfire Fund paid for by ratepayers to keep bailing them out.