3 ms·
The other angle that people may not realize is that SF has voted in nine separate elections to not establish a municipal utility. The people of SF demonstrably
by jeffbee 4mo ago
The other angle that people may not realize is that SF has voted in nine separate elections to not establish a municipal utility. The people of SF demonstrably do not want to take over PG&E, given numerous opportunities.
SMUD has cheap power because 100 years ago the people of Sacramento invested a lot of money to establish that utility. What the vocal minority of SF public power people want is magical: cheaper rates without all that bothersome investment.
- m463 4mo ago> people of SF demonstrably do not want to take over PG&E But PG&E has charged significantly more for power the last few years. Most people easily hit 50c/kwh on their bills. Compare to Santa Clara, which has their own well run utility, and charges less than half PG&E rates. https://www.siliconvalleypower.com/residents/rates-and-fees https://www.siliconvalleypower.com/residents/rates-and-fees
- Veliladon 4mo ago>Compare to Santa Clara, which has their own well run utility, and charges less than half PG&E rates. This. Lived in Santa Clara. SVP is the best utility in California.
- hunterpayne 4mo ago100% of its generation and grid stability is provided by PG&E. All it provides is the local distro and local maintenance. Also, in a low generation scenario, you are the first to be cut off to save the rest of the grid.
- JumpCrisscross 4mo ago> 100% of its generation and grid stability is provided by PG&E. All it provides is the local distro and local maintenance Sounds like we have a solution! Get PG&E out of distribution. They can keep running power plants, where there is at least competition.
- hunterpayne 4mo agoPlease remember that the lines from HH to SF are the same ones that caused wildfires in CA over the last 10 years. So if SF owns the line, they own that liability too. And a single fire's cost is about 3x the yearly budget of SF.
- JumpCrisscross 4mo ago> remember that the lines from HH to SF are the same ones that caused wildfires in CA over the last 10 years. So if SF owns the line, they own that liability too Crazy thought—dedicate the resources to maintaining them. From what I can tell, this tolerance of power-sparked wildfires is uniquely American (and concentrated, fairly and unfairly, in California). Also, you don’t have to put it straight on the municipal balance sheet. Stick it in a distribution subsidiary with a little outside capital. (Hell, make it a member-owned co-operative.) Alternative: sell off that transmission to someone else. Just handle last-mile distribution. Not transmission.
- hunterpayne 4mo ago[dead]
- m463 4mo agoI thought PG&E bought their generation wholesale (~ 3-4c/kwh) https://www.caiso.com/todays-outlook/prices https://www.caiso.com/todays-outlook/prices
- hunterpayne 4mo agoSome generation PG&E owns, some is in a shared vehicle split between PG&E and a group of private investors, some is owned by other utilities (Edison) and some is just privately owned. Remember that generation was built up over 70 years. Different plants at different times with different politics ends up with different ownership arrangements. They all bid into CAISO and independently choose to produce or not based upon prices. The generators sell futures contracts and PG&E (and Edison) buy them either in 1 day cycles or 15 minute cycles (almost always some of both).
- joeblubaugh 4mo agoI have some doubts about San Francisco’s ability to run a provider well, given the long history of corruption in city service providers and permitting agencies.
- marnett 4mo agoAirport is run well.
- jjav 4mo ago> But PG&E has charged significantly more for power the last few years. Most people easily hit 50c/kwh on their bills. Way more than that! In prime time it's now in the ~80c/kWh these days. I've been posting this for years and continues to be true: given the price increase trend of PG&E, within 10 years the electricity bill will be larger than the mortgage. But, those PG&E VPs need their bonuses!