Comment by dalyons
11 hours ago
Supply costs have surprisingly not that much to do with Californias silly electric rates. They load into the retail rates all kinds of disaster recovery costs, environmental blah blah costs, distribution upgrades, social programs, the list goes on. Plus straight old fashioned corruption in a state sponsored monopoly.
You can get some idea of the BS that gets loaded in by comparing some rates from municipal grids like SMUD vs pg&e. Same supply, fraction of the end user rate.
Anyway, that is to say theres very little useful to draw on here in comparing nuke to renewable cost.
> Plus straight old fashioned corruption in a state sponsored monopoly.
Why don't they just nationalize it?
At that point there wouldn't be a huge incentive to raise prices and increase profits and state control would demand lower prices for residents.
> Why don't they just nationalize it?
Given the general dysfunction in American politics (and I say this as an outside observer), the current owners would raise a stink about it, possibly playing the "nationalize == communism == USSR == gulags" card as a negative campaign in the next election.