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At $0.40/kWh Germany is now paying the same or slightly less than a PG&E TOU customer. I didn’t realize their electricity was so much cheaper than ours to star

At $0.40/kWh Germany is now paying the same or slightly less than a PG&E TOU customer. I didn’t realize their electricity was so much cheaper than ours to start with.

bushbaba 4y ago
California is near the same cost as hawaii. The rates are absurd. With the rate payer bailing out their past dividends and lack of investment.
mqus 4y ago
I'm pretty sure this price is before taxes (and maybe more payments) and german taxes are pretty heavy, ca. 30% of the consumer price is taxes and stuff, ~25% go to the network operator and only ~45% are power generation[1](~the prices in the visualization). So you have to roughly double that to get consumer €/kWh (ofc daily prices are a bit different than a contract over a whole year). [1, german sadly] https://strom-report.de/strompreise/strompreis-zusammensetzung/ https://strom-report.de/strompreise/strompreis-zusammensetzu...