I’m sure false claims and trial lawyers have nothing to due with the cause of this.
I’m sure false claims and trial lawyers have nothing to due with the cause of this.
The skyrocketing electric rates around 1999 had a very clear impact on parking lot and office occupancy at my employer in San Diego. Before the rate increases, the main parking lots were full by 8 AM and satellite lots were nearly full by 8:30 AM. After the rate increases, you could come to work any time of day and find plenty of parking. Inside, the fluorescent lamps were pulled to minimum safe lighting and air conditioning was set for 80 F. It was dark, stale and hot in the office. That was reason for me to work from home most of the time and ultimately to make my home in Idaho.
My employer wasn't doing any less business. The work was simply reshuffled to company locations in other states. It was the California offices that were losing business as they could not compete with rates in less costly states.
Wow, great way to continue to force businesses out of California. Most carriers are already not insuring in California due to the outrageous Work Comp laws on the books there, and the rates in California are some of the highest in the nation. Alot of companies are moving just across the border to other states.
Yeah, raise the rates and kill what businesses you have still there.