Very interesting, but not surprising. These globalists are only interested in the revolution, not shareholder value.
Yeah. Oh what a day! Here in Alabama, we are enjoying being on the list I saw on the tube the other day as the 5th highest electric bills in the nation. Wow. Our average bill, we are on the program where we pay the same every month and they adjust our bill every few months based on our usage, has jumped by $75 per month. And we are doing all we can to hold our usage down. The 9 degrees temps we had a couple of weeks ago did not help!! Bama ain’t use to 9 and 12 degree temps. Ave in Jan is usually 53 high and 32 lows. Highs of 31 and lows of 9, 12, 15, 18, 21, 22, are NOT usual here.
Most electricity is generated by natural gas, and the price has been going up since 2023-4. Regulated utilities are by law entitled to make a “reasonable” profit, in order to continue to function and produce vital services.
This is getting ridiculously expensive.
ping
Everything is going as planned.
Just got a $600+ bill for January on a seasonal property in SW Virginia. Granted it was a cold month but thermostats are set at the absolute minimum. Our highest bill prior to the last few years was less than half of this. With rates like this it’ll soon be cheaper to repair plumbing than keep minimal heat in the house.
.21 cents a kwh and mandates to do away with fuel appliances and switch everything to electric- the whole climate change scam is tied in with electric- mandate that everyone switch to electric, the drive the prices way way up (while citing the reason as “high demand”)!
Electric rates and bills in Maine have doubled or more in the last two years. Not good for businesses and fixed income folks.
"PG&E customers pay about 80% more per kilowatt-hour than the national average.
The average electric rates in California are 34 ¢/kilowatt-hour (kWh), which is 31% higher than the national average electric bill of $2,703.
Also at the pump. Gas today is ≈ $4.50/gallon, apparently only surpassed by Hawaii. Last time I was in Hawaii a year ago, California's gas prices were higher.
“Watts” the generating mix? As an example, the last fiasco that ran rampant over us planned a 30 million acre wind farm in the Gulf of America to supply 11 million homes. Even on the face of it doesn’t sound like a good deal.
47 said that AI companies will be able to build their own power plants - so any excess could go to the grid, helping until Coal is restored and Nuclear plants come one line, along with rescinding the onerous restrictions on Gas plant emissions.
Perhaps we should frack in New York, we could easily lower the price of natural gas and allow people to heat their homes at reduced costs. But the NYS government has the wrong priorities.
Hmm... Shut down nuclear, coal, gas plants... replace with “green” power and the green just leaks from your pockets.
Amazing!
Price deliberately raised to force you to go without a/c or enough heat on a cold day.
The insane democrats do this while killing 100 million chickens to stop you from eating chickens and eggs. Same for cattle to raise prices.
Then there are the road diets where they remove a lane or two and turn them into bike lanes or do not cut the brush or the trees making huge fires a likely occurrence. A million dead trees in Big Bear, Calif (above Los Angeles) due to a beetle killing them. They cannot be removed because the democrats say let nature take it’s course. The next big fire will be there like what happened in Paradise, CA.
BlackRock Inc. is Ameren’s third top shareholder, another global investment hedge fund focused on climate change. BlackRock Inc. and Vanguard Group Inc. are also the top shareholders of Con Edison, PG&E, and the WEC
Die, corporate scum!!!
If you are wondering why the price of electricity has skyrocketed it is this.
BlackRock and Vanguard are the top shareholders of the majority of American electric companies.
Just like they buy up entire subdivisions of new homes and other homes for sale then rent them to people and sell policies to people so they make a steady 5% a year that raise the cost of buying a home for individuals to high levels they are doing the same for electric rates.
The nuclear Diablo Canyon power plant in California which was scheduled to close by the democrats because they said it cost too much to produce the electricity. Actually because it is nuclear powered and they hate Americans having cheap energy.
The cost is .06 cents a KW.... You are paying at times more then .30 cents a KW because of the policies of closing coal and oil and natural gas power plants and the nuclear Diablo plant. It was scheduled to start closing in 2026 but was then allowed to stay open till 2035 because gov hairgel newsom plans on running for president in 2028 and does not want blackouts happening in California.
Why blackouts? Diablo produces 9% of the electricity in California and the democrats still want to close it down!!!