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To: dangus

Yeah, well... California just socialized electricity.

They gave the utilities $2.1B to pay electric bills for the poor, and enacted legislation that, once it’s rubber-stamped by the CPUC, will increase the basic grid connection fee from $12 to $51, while still billing usage, but at $0.21/kWh instead of $0.35271 (current Tier 1 rate, Tier 2 and Time Of Use rates differ).

The dirty, mathematically discoverable secret is that you’ve gotta use more than 290kWh in a month before the new rate is a net gain. That much usage or less, and you’re a net loser.


70 posted on 08/04/2023 9:43:05 AM PDT by HKMk23 (https://youtu.be/LTseTg48568)
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To: HKMk23
The dirty, mathematically discoverable secret is that you’ve gotta use more than 290kWh in a month before the new rate is a net gain. That much usage or less, and you’re a net loser.

So almost everyone should be a net winner? With the heavy Texas heat right now, we're burning through 500 kWh in a week. In the week of Spring or Fall when we don't use AC at all? We still hit at least 150-160 kWh per week. And that's with water heater, dryer, furnace, and stove all on gas. I don't think we even could get below 290 kWh in a month unless we just pulled the breaker for two or three weeks!
85 posted on 08/04/2023 7:10:54 PM PDT by Svartalfiar
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