Comment by NavinF 3 years ago Yep electricity prices in CA are set by the gov't. Market rates are typically 10 cents/kWH 1 comment NavinF Reply Cheer2171 3 years ago Technically the CA government only sets a maximum price, not prices themselves. Power companies can sell at market rate if they want. But that same CA government also allows monopolies, so the price ceiling becomes the floor.
Cheer2171 3 years ago Technically the CA government only sets a maximum price, not prices themselves. Power companies can sell at market rate if they want. But that same CA government also allows monopolies, so the price ceiling becomes the floor.
Technically the CA government only sets a maximum price, not prices themselves. Power companies can sell at market rate if they want. But that same CA government also allows monopolies, so the price ceiling becomes the floor.