this post was submitted on 09 Sep 2024
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I refuse to ditch natural gas so long as I have to pay a time of use electric rate to PG&E.
They’ve captured their regulators and the rates are out of control.
Every couple years there’s a surcharge to cover the failing infrastructure that’s supposed to be covered by their regulated rates, but they never fix shit and give bonuses to the execs.
I'd love to get rid of PG&E and have a publicly-owned utility instead, which doesn't charge the @#$@#% markup the PG&E gets to in order to pay an ever-increasing dividend.
TOU isn't the issue, it's just the rates themselves that are out of control. The reality is electricity costs vary dramatically throughout the day and seasonally, so reflecting that in customer prices is a natural way to shift some load.