Comment by otterley

> They are also several times the utilization cost

Prove it.

> electricity in CA is 2-3x what it was just 10 years ago.

That has nothing to do with the cost of generation. The reason costs have gone up are 1/wildfire mitigation and liability, 2/replacement of aging grid infrastructure (plus a geographically diverse state - replacing infrastructure in mountains is costly), 3/rising demand and new fixed infrastructure cost (which is subsumed into everyone's bills), and 4/decommissioning of power plants (San Onofre and Diablo Canyon were both mothballed and haven't been replaced).

Also, California utilities are heavily regulated. Utility rates have to be approved by the government, making the rate-setting process highly politicized. For a very long time the regulators refused to let the utilities raise rates even though it was necessary. Eventually, though, that became unsustainable. The result was that instead of raising rates a percentage point or two per year, all of a sudden there was a real threat of the system going completely bankrupt and so prices shot up dramatically.

If you really want to understand the energy markets in CA, there's no better source than the Los Angeles Times. Or what's left of it, anyway.

> LCOE is a BS stat used to confuse those that don't understand energy markets

Let me get my popcorn while you explain it to us ignoramuses.