California Energy Costs DOUBLE The National Average. For Now.

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psk836
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California Energy Costs DOUBLE The National Average. For Now.

Post by psk836 » Wed Mar 20, 2024 12:33 pm

Progressives have every intention of deploying the California Model across all 50 states.

And the Electric Cars even Californians can't afford to charge.

https://justthenews.com/nation/states/c ... v-adoption

"California energy costs 2.3 times the national average, with energy costs in the state increasing 10.9% over the past four years compared to 5.1% nationwide, according to an analysis by Radiant Energy Group of U.S. Energy Information Administration data. In some markets, consumers face even higher increases — in San Jose, average monthly energy bills rose from $121 in 2021 to $203 by the end of 2023, with increases from $152 to $220 and $113 to $138 in Los Angeles and San Diego across the same time frames."

"The CPUC notes electricity bills have nearly doubled in the past decade, and says that the state may soon be facing the point at which filling a Tesla Model 3 with energy will become more expensive per-mile than driving a Toyota Camry.

The CPUC says this tipping point occurs at $0.50 per kWh. Two out of the three of the state’s largest energy providers are expected to pass $0.40 and get close to $0.50 per kWh for residential consumers by the end of the year, or nearly triple the current national average of $0.16 kWh.

Given the state’s plans to spend $1.9 billion more on EV chargers in the coming years amid an ongoing collapse in EV sales, energy prices rising above the EV tipping point could drive complications for the state’s order that all new vehicles be emissions-free starting in 2035."

"With the state facing a $73 billion deficit that may continue to get worse due to rising unemployment and outmigration, and declining tax revenues, the state may have no choice but to reduce some of its clean energy spending and emissions commitments."
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