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September 26th, 2017, 07:49 PM | #3931 | |
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California is an expensive place to generate electricity and natural disasters are real costs, I fail to see why a utility shouldn't got to the regulator and ask for higher rates to cover these costs. You can point to utilities that made terrible decisions -- nuclear plants come to mind-- but US complainers are guilty of taking something that's extraordinarily complex and saying "oh that's easy". It's not remotely easy to maintain the extraordinarily reliable electric grid that we have, providing electricity every second without interruption at affordable cost. Watch how quickly FPL got millions of Floridians back online after Irma . . . This is an achievement |
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September 26th, 2017, 08:10 PM | #3932 | |
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The whole deregulated thing was a fraud perpetrated by the regulated "natural monopolies" to boost their profits. If the companies really wanted to see consumers benefited they would not howl and file lawsuits when cities try to set up competing utilities or cable TV services. There is always a problem of the firms co-opting the regulators. Our big example in Northern California was PG&E being granted a rate increase to replace aging gas mains. The company diverted those funs into executive bonuses and shareholder dividends. Predictably, a gas main failed resulting in an explosion and fire that killed 8 people in San Bruno. Now, PG&E wants another rate increase to pay for the work they were previously paid to do (and presumably offset the cost of the lawsuits arising from their previous malfeasance and pay for the TV ads saying how committed to they are to serving their customers.) Capitalism sometimes has trouble corralling crooks. Socialism has had its problems. Like I said, we really need to develop a better grade of human being to make idealized systems work. |
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September 26th, 2017, 11:26 PM | #3933 | |
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September 27th, 2017, 12:53 AM | #3934 | |
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Here's a chart comparing electricity costs around the world. The US is not expensive . . . San Diego electric is substantially more than the US average, but its hardly exorbitant at 16 cents per kwh. California electric utilities are heavily effected by renewables. Because of the rapid growth of solar and wind, utilities are finding that they're stuck with the grid costs, with the power plant costs, but they're actually selling much less power than they had anticipated-- this increases the rates, because all these fixed costs are being recovered over fewer kw/h Here's a remarkable chart from today, showing gross demand and net demand: And here's the renewables production that causes the huge gap between gross and net; around mid-day, California was producing 9 gigawatts of power from solar! That's massive. its a good thing, but that's electricity that the utility is _not_ selling. Last edited by deepsepia; September 27th, 2017 at 01:00 AM.. |
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September 27th, 2017, 02:32 AM | #3935 |
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Ahh I think I see our differences. You seem to be talking overall for a utility company and I am really just talking about the fact that SDG&E is trying to recoup costs from it's own shortsightedness in one event.
I agree that all should pay for improvements and such except SDG&E always seems to want recompense for some things that the stockholders should, IMO, shoulder and not the rate payers. Poor business practices should not be made up from the ratepayers pocket. Although down here it often is. |
September 28th, 2017, 03:52 AM | #3936 | ||
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I don't object to a utility trying to get ratepayer reimbursement, you'd expect them to make the most optimistic case for their position . . . So far the CPUC (California Public Utilities Commission) seems as unsympathetic to their case as you are. |
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September 28th, 2017, 08:00 AM | #3937 | |
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September 28th, 2017, 08:29 AM | #3938 | |
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Elected officials generally cannot serve as directors or officers of any business. They might in some circumstances serve on the board of a not for profit, a charity. It’s also possible that the rules may vary somewhat from state to state. Last edited by deepsepia; September 28th, 2017 at 08:36 AM.. |
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September 28th, 2017, 08:35 AM | #3939 |
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September 28th, 2017, 09:01 AM | #3940 | ||
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But not as easy as that, if you hire an executive director, who is contractually bound, to dance to your piping.
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