Cost of electricity will quadruple and brownouts/blackouts will become the norm for Kalifornians. And that’s just the first year.
California has gone from “Power to the People” to “No Power to the People”.
Presently (fall of 2019), Hawaii is at the highest level...31.16 cents per kWh. Alaska is at 23.56. And California is down around 19.86 (which is double of what you pay in Lou, Id, and Washington state).
I do agree, rates would have to go up around 35 to 40 cents if the state took over, and all this talked-about renovation were to take place. But so far, the state hasn’t proved they are that great of managers, and I think the PG&E attitude is...let them come and waltz into the minefield. You’d have to slip five to ten billion in state tax revenue into the bucket, so you’d be paying double in some ways for your electrical power.
I can say this...if you had to pay $300 to $400 a month, for undependable electricity, I’d have to put up a solar cell collector or wind-mill...or leave the state.
So they want to go to the Venezuelan model?
Ya and 3% of people in California understand that