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by zahlman 301 days ago
If solar is "ridiculously cheap" (per GGP) and California has abundant supply of it, why does electricity in major cities in California (see e.g. https://fred.stlouisfed.org/series/APUS49B72610) cost several times what it does in Toronto, Ontario (https://www.oeb.ca/consumer-information-and-protection/elect... , and note these prices are in CAD)?
1 comments

Politics and corruption. The generation cost is low, but the government backed monopoly folds all kinds of distribution, deferred maintenance, fire damage, and political pet projects into the retail price. It sucks.