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by benced
176 days ago
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California's average residential electricity rate is almost twice the US average (32 cents vs 18 cents) despite being in a state with abundant energy resources. Even if advocates got everything they wanted here (6% margin vs 10% margin), that would lower rates by... 1.2 cents. PG&E desperately needs to be reformed into a competent organization, something that nobody in (Newsom) or adjacent to (these advocates) power in California seems to want to do. https://www.eia.gov/electricity/monthly/epm_table_grapher.ph... |
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The CA Governor is the one who selects the people on the committee that regulate PG&E.
And the same committee approves PG&E’s budget and rate each year, all the way down to the fine details such as repairing an electrical fence at a substation.
This problem is entirely under the control of Newsom and the CA legislature yet they seem completely uninterested in fixing it.