You must have looked at an old chart for California retail electricity rates. They’re more like $.30/kWh. Wholesale rates are .02-.04/kWh, but in a nutshell,

You must have looked at an old chart for California retail electricity rates. They’re more like $.30/kWh. Wholesale rates are .02-.04/kWh, but in a nutshell, retail ratepayers are paying for all the record wildfire lawsuit costs.