Comment by drusenko
4 days ago
That claim would be hilarious and also wildly inaccurate, that OP apparently never heard of a PSPS. California’s grid is not particularly resilient or reliable, and certainly not in the 2016-2020 time frame. Also, the regulatory framework is awful and high prices are driven by a mix of 1- regulatory capture and disincentives to utilities saving money, 2- wildfire mitigation costs, 3- NIMBYism and the lack of ability to build anything quickly, and then a hodge podge of CA specific issues.
One of those specific issues is that California electricity prices include what amounts to a redistributive tax, in the form of programs like CARE and FERA - probably about a third of households in the state are eligible for CARE which provides a 30% or more discount on normal prices. While there are low-income discount programs for other states none of them have nearly the reach of the CA programs.
I find it amazing that even with the redistribution subsidy, the resulting electricity is still more expensive than the national average unsubsidized rate. We are just so incredibly good at vaporizing money.