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In Texas electricity is literally less than half the price than the price in my state on average. (14c/kwh vs 34c/kwh) (I live in California) If you want to sa

• dragonwriter 2y ago
  A big part of the reason that California average electrical price per kWh is high is that a huge portion of the cost is fixed costs, and California's efficiency push has resulted in the lowest lowest per capita electricity usage (and fourth lowest per capita energy usage) in the USA, so the fixed costs are spread over fewer kWh. Conversely, Texas has significantly above average use per capita, spreading the fixed costs across more kWh, but still results in higher annual costs per capita, despite lower per kWh rates.
  • cogman10 2y ago
    Let's also not forget the cost of the things like the campfire fire. That's a huge bill that needs to be paid and that cost is ultimately going to come out of the kwh rates. Further, the LA fires might have also been caused by a downed line so that's going to be a fairly big cost to the power company.
    • dragonwriter 2y ago
      > Let's also not forget the cost of the things like the campfire fire. That's, I assume, a reference to the 2018 Camp Fire. > That's a huge bill that needs to be paid and that cost is ultimately going to come out of the kwh rates. The Trust established to pay PG&E liabilities for the 2015 Butte, 2017 North Bay, and 2018 Camp Fires, which discharged PG&E's responsibility for them, receives no additional ratepayer funds after its initial funding and is in the wind-down process expecting a single final top-off payment to already approved claimants. So, no, its not a huge bill that will be paid out of future rates.