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> The average residential electric rate for Pacific Gas & Electric (PG&E) customers is 45 cents per kWh, as of January 1, 2024. However, the cost per kWh ranges
by happytiger 3y ago
> The average residential electric rate for Pacific Gas & Electric (PG&E) customers is 45 cents per kWh, as of January 1, 2024. However, the cost per kWh ranges from 34 to 72 cents per kWh depending on the rate schedule, season, and time of day.
I mean it seems right inline with California prices in general.
Being reliant on PG&E has definitely kept us from buying electric — no way am I ever trusting that company given their track record.
In order to go from early adopters to mainstream it not only needs to be cheaper, but it needs to be more convenient and otherwise advantageous, especially for renters.
I am watching as corporate profits on charging strips that away and it’s concerning. I have also watched electric vehicles get gutted by depreciation in the secondary market — losing half the value in three years as a category isn’t great.
If you raise these issues, the advocates bristle, but these are real headwinds for the industry and important to bear in mind. They can’t be ‘equivalent to gas’ as so many argue: they must be and remain a superior option.
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