October 4, 2019
Why are California Utility Bills so High?
Gee, that sounds like a dumb question, right? After all, what Governor Jerry Brown did as one of his parting reminders is very clear. On September 10, 2018, he signed into law that power production by renewables be increased from the current 29.7% to 50% by 2026; 60% by 2030; and 100% by 2045. He could not be satisfied that his bullet train to nowhere was actually going nowhere and would cost $77 billion, so he had to come up with some other more radically dumb idea. According to a November 2016 report from the U.S. Energy Information Administration, titled "Capital Cost Estimates for Utility Scale Electricity Generating Plants," the estimated capital cost for advanced combustion turbine (natural gas fuel), onshore wind, and solar plants are in USD$ per kilowatt, 678, 1,877, and 2,671, respectively. However, you need to apply a multiplier factor for California of 1.29, 1.12 and 1.11, respectively, for higher regional costs. After...(Read Full Article)