By: Solarman2

Solarman2 — Wed, 15 May 2024 00:22:05 +0000

The magic math of “promising” to reduce electric bills for the consideration of a $24 ‘fixed’ fee which if one looks historically at ‘fees’ they get bumped up without a legislative quorum required. Within the “electricity” rate venue, the three large IOU utilities operating in California are allowed to file a rate case with the CPUC for “lost revenues” and “stranded assets”. Sooner or later California ratepayers will have to ‘deal’ with the decommissioning of Diablo Canyon nuclear plant, a “stranded asset” case will be filed and more than likely clear the CPUC and folks “doing without” will drop electricity demand and the utilities once again will file a rate case for “lost revenues”. This is how it’s going to play out in the years to come. The IOU utilities get away with the “fixed fee” lie and will file a rate case with the CPUC for a rate case increase or a “fixed fee” increase, tell the CPUC they ‘need’ the fixed fee to go to $50 dollars a month, then the CPUC “steps in” and allows $35-$40 ‘fixed fee’ a month, tacked onto new tiered block rates and one or more TOU rate spiking periods a day to take the “average” cost per kWh in California from around $0.25/kWh now to maybe $0.40/kWh to maybe even $0.50/kWh by 2035. Yeah, the CPUC, Legislature and Governor all need to go down under a Federal RICO case as this is pure and simple extortion of the public for what is tantamount to Utility welfare at its most hideous iteration.

Comments on: California regulators approve new residential electric bill fixed charges

By: Solarman2