Have they ever eyed lower bills?
Wait till CA gets 10 million power sucking electrical appliance vehicles on the road.
Get ready for power/electricity rationing California.☺
Apparently Californians have bottomless pockets, as governmental organizations and utilities have no concern about reaching the limits of taxpayers resources.
I remember that in the 1976-1977 drought P,G,& E raised water rates because people used less water. When the rains came and filled the reservoirs, the rates never came back down.
Why is that?
We’re asked to conserve resources. Useage goes down. Revenue decreases. Rates go up. Repeat.
I do electrical distribution design. The amount of work, and lack of qualified people, is absolutely staggering. It’s all over the country, with approximately 75% of the design and construction being done via contractors/engineering firms.
There’s work to be done for decades, it’s crazy.
I try to tell young men to get into the industry.
Maybe my math is no good but, PGE claims a 1% increase for utilities on a debt class of $50 billion, which would require $226 million in new revenues.
At that rate it would take over 200 years to fulfill their $50 billion obligation
California is literally sitting on the largest gold mine in history that would simultaneously:
1. Generate unlimited carbon free electricity for 300 years
2. Produce hydrogen gas from decay heat that could eliminate CO2 emissions from coal used in steel production and EV fuel cells.
3. Use excess nuclear process heat to desalinate and restore the Salton Sea environment disaster area in Southern CA.
4. Extract vast quantities of lithium needed for modern batteries from the Salton Sea brine
5. Provide a customer to MP Materials Corp rare earth metals mining operation in Mountain Pass, CA to burn up the uranium and thorium byproducts and eliminate their environmentally required storage costs while eliminating our dependence on China.
6. Burn up all the nuclear waste products currently in dry storage at San Onofre to produce vast amounts of cheap electricity.
The solution is to build an advanced liquid fuel breeder reactor such as the Elysium Industries design at the abandoned Naval Station and former atomic test site adjacent to the Salton Sea. The military is not subject to the ossified NRC commercial regulations and can establish its own regulations and protocols to accelerate adoption of the latest technology.
P&G and SD&G rates would be reduced below fossil fuel or alternative supplies across the state and growth in the “Lithium” Valley would generate wealth and tax revenues equivalent to Silicon Valley today.
"PG&E [??? emphasis added] eyes higher electric and gas bills as utility seeks more revenue"
FR: Never Accept the Premise of Your Opponent’s Argument
"In what could represent a fresh jolt for customers, PG&E is seeking state approval [emphasis added]..."
The election year title of the referenced article is misleading imo. It should read a follows.
"California state government eyes higher electric and gas bills as utility seeks more revenue"
Insights welcome.
When Jimmy Carter was President. He called for everyone to lower their thermostats to conserve electricity that winter. He also asked people not to put up Christmas lights that year.
The local utility where we lived then saw a dramatic decrease in power use. The utility said they could not cover their costs because of the drop in use.
As thanks for our electricity conservation efforts, THE UTILITY DRAMTICALLY RAISED OUR RATES. We used less and paid more !
HOW else can they pay the lawsuit for the wildfires???
The electric rate in Calif. is 20 cents/kw to over 30 cents /kw and they want more and more money.
Someone has to pay for all those fires PG&E started.