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How so? Would the Federal regulators have done a better job of making CenterPoint invest the right amount of money into tree trimming and placing lines undergr
by msandford 2y ago
How so? Would the Federal regulators have done a better job of making CenterPoint invest the right amount of money into tree trimming and placing lines underground?
California is under Federal regulation and has significant problems where PG&E hasn't invested enough in reliability.
If California just breezed through every natural disaster with no power outages and lower than Texas energy prices it would truly be a no brainer.
But Texas has retail power rates in the $0.10-$0.20/kwh range. From what I understand $0.20 would be an absolute bargain in California and that $0.30-$0.50 per kwh is more what folks out there pay.
It's not so compelling in that case. Of course I could have missed something. Please do let me know if I have.
- nine_k 2y agoHitting a company with fines for not doing maintenance required by regulation, when the fines cost more than compliance, works well. Given sensible regulations, of course. Look at airlines: rather strict and reasonably good safety regulations made flying the safest form of transportation, safer than driving and maybe even walking. Nevertheless, we don't see exorbitant prices either; if anything, the cost of air travel is surprisingly low, often competitive with rail, even in EU. Of course, unreasonable regulations are a bane, see the leaded fuel situation in general aviation, or the whole nuclear industry.
- schmookeeg 2y agoHello from Alameda, CA. 15.5c per kwh here except for M-F 5pm-9pm, where it is 50c.
- msandford 2y agoOh wow! Thanks for the info. I'm glad to hear it's not crazy everywhere out there.