this post was submitted on 02 Sep 2024
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The century where electricity costs us 50-75¢/kWh (headed for $1/kWh by 2028-2030) and gas is significantly less expensive to use for heating.
Deregulation absolutely fucked California's energy markets and the PUC+PG&E are going to keep the deep dicking going as long as humanly possible.
Jesus it’s like $0.17/kWh here
Someones gotta pay for the wildfires PG&E caused and it aint gonna be the shareholders!
It's anywhere between 45¢ and like 90¢? here at peak time of use rates. The rate increases past 25¢/kWh are almost entirely to pay off PG&E's wildfire liability after they committed fraud and used their transmission maintenance budget to pay dividends for 20+y.
Here in Sweden, gas is pretty much obsolete and not a lot of places even have the option of using gas. Afaik only really the old buildings in the big cities has gas.
Furnace heating is pretty rare in Sweden so we generally use electricity. Our grid is also very stable and renewable.
Average electricity prices including fees, taxes and all that was apparently between 0,17 EUR and 0,19 EUR per kWh in December 2023. Don't you guys have geothermal and heat pumps?
The majority of our generation here in CA is PV during daylight hours and nat. gas generation plants (plus the odd nuke plant here and there) to cover any shortages. We have some battery storage to convert that PV generation capacity into night time power but not nearly enough. We have very little geothermal or tidal generation here.
Most of the abusive cost of electricity here is PG&E offloading their $20B+ wildfire liability from 2015-2019 onto customers.
Every single home I've lived in since the late 90s has used nat gas for water and central heating. Electric is becoming popular over time but gas is still very common.