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Anyone know how much money they save by shutting off power for a large majority of their customers?
by throw03172019 7y ago
Anyone know how much money they save by shutting off power for a large majority of their customers?
- webkike 7y agoI don't think they save anything because they're not getting paid for electricity they do not provide.
- SlowRobotAhead 7y agoI would assume they aren’t billing for kW/hr when kilowatts aren’t being used. So, they seem to be turning off their income as well as some costs. Their expenses however still exist in the form of infrastructure, employees, etc. I find it more likely they themselves are under contract to create, buy, transfer, use, so many megawatts over so much time than the customer will have to pay for service that was turned off.
- cronix 7y ago> So, they seem to be turning off their income as well as some costs. Their expenses however still exist in the form of infrastructure, employees, etc. Yes, but they're weighing that loss of revenue against potentially having to pay out billions in damages if they cause another fire. It looks like the last fire is going to cost them over $18 billion, since that's what they're trying to cap it at last I saw. https://www.latimes.com/business/story/2019-09-09/pge-looks-to-cap-wildfire-costs https://www.latimes.com/business/story/2019-09-09/pge-looks-...
- sxates 7y agoBeing in the business of selling power, I would think they're losing money when the power is off. They've got power plants idling and nobody racking up kwh's. I guess the calculus is that the lost revenue is less than the liability of a fire.
- newnewpdro 7y agoI imagine that depends on if they can sell the unused power somewhere else.