this post was submitted on 02 Sep 2024
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Jesus it’s like $0.17/kWh here
Someones gotta pay for the wildfires PG&E caused and it aint gonna be the shareholders!
It's anywhere between 45¢ and like 90¢? here at peak time of use rates. The rate increases past 25¢/kWh are almost entirely to pay off PG&E's wildfire liability after they committed fraud and used their transmission maintenance budget to pay dividends for 20+y.