alt Hacker NewsYou should look more closely at your PG&E bill. There are some hidden CA taxes in there.
Also PG&E was forced to divest most of their generation assets, so I believe that much of the grid power down there is not under PG&E's control
Edit: Finally, any Western US utility needs to bear the cost of wildfire liability. Whether that is a state-owned utility or private, the cost is still there.
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epistasis • yesterday at 9:26 PM
Unless by "taxes" you mean "delivery charges" this is simply untrue.
The generation is cheap. The delivery, the grid cost, is 3x-5x the cost of the generation.
It's all PG&E and the regulators's fault, for not containing costs more.
PG&E is in no way a victim here. Their CEO is being paid $50M a year, and our rates got increased 6 times last year. Nevada the next state over, the prices are 20% of California's.