elektra
Platinum Member
California is raising electric rates, again and again and again. Meaning they will raise rates every year for the next 5 years! On top of that they claim that is not enough to pay for the Green Clean Renewable Energy.
California is a bankrupt power producer that is now pouring money down a hole.
Further, water rates will go up to offset for the increase in the price of electricity. This is just the beginning, the government is just getting rate payers ready for ever larger rate increases in the future.
California approves major electricity rate changes
LADWP Board to Vote on Electricity Rate Increase
California is a bankrupt power producer that is now pouring money down a hole.
Further, water rates will go up to offset for the increase in the price of electricity. This is just the beginning, the government is just getting rate payers ready for ever larger rate increases in the future.
California approves major electricity rate changes
Edison and other electricity providers have argued that current rates unfairly penalize high-usage customers, and that low-usage customers aren't paying their fair share.Utility companies have also said that all customers, including solar customers, need to pay more to keep the electric grid running — hence the need for higher fixed charges.
LADWP Board to Vote on Electricity Rate Increase
"These reviews are critical as the utility industry is in a moment of transition and innovation," Garcetti said.
He noted the DWP is expected to replace 70 percent of its power sources over the next 15 years "to meet state mandates, fight climate change and fund the energy efficiency programs that enable customers to lower their bills even as rates rise."