- Joined
- Feb 1, 2015
- Messages
- 9,998
Our current energy rate is $.124/kwh plus a $.55/day user charge.
Agree. Plus home rooftop solar is estimated to have added 5 - 6 cents/kWh to the rate. (In the current net metering program (NEM2.0) homeowners are reimbursed at the fully costed rate of up to 40 cents/kWh vs. a much lower rate for incremental electricity, and that's why that program dies on April 14 this year -- to be replaced by a more reasonable NEM3.0.)California has multiple rate plans to chose from. They all have a lower base rate that quickly rises depending on how much electricity you use and in all but one plan the time of day that the electricity is used. I believe that most meters in California are now reversing and time of use meters. I can go online and see how much electricity I used during any given hour during the day. This is updated every day.
Why does California have such high rates? Remember reading about all those wild fires and the huge settlements that were paid. Those settlements didn't come out of PG&E's pockets. PG&E like all utilities is guaranteed a small profit. They were allowed to raise the electrical rates to cover those losses. PG&E's customers paid those settlements through higher utility rates.
Do you know why it is so costly?The answer starts with a g and ends in a t.And lastly, the Diablo Canyon nuclear plant is a very costly plant to operate. And if allowed to continue into the future, will be forced to spend $billions retrofitting their once-through cooling system to be self contained. I am unsure why that's been mandated - but it's a popular subject, and it's just money.
At least you have a nuclear power plant. Here in my part of the world they started planning a nuclear power plant in 1960s. We still haven't got it, the project has been cancelled and restarted a few times. Now we have 3 plants planned and a bunch of micro reactors. It is all great tech, but I start to question if all the red tape we decided to add on top of the already complex development process means it is even possible to build a new nuclear power plant anywhere in the general West (that's EU+North America).Do you know why it is so costly?The answer starts with a g and ends in a t.