California’s 2014 sky-high electricity rates — it’s gotten even worse
SUMMATION: Based on my updated research, the highest residential cost electrical utility in the nation by FAR is SEMPRA — a.k.a. SDG&E. Second is Pacific Gas&Electric. Third? Southern CA Edison. And all three lead the pack by a LOT.
California’sindustrialelectricity rates are FAR higher comparedto other states — 85.4% higher than the national average as of July, 2014. That’s a much worst difference than our average residential rates compared to other states.
Still to come are the effects of California’s unique “cap and trade” tax, which could boost our costs another 30%. Barring some dramatic change in policy, the disparity between electricity costs in California vs. the otherh states will only grow.
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While I’m not adding this detailedresidentialelectricity cost analysis to my“Breaking Bad: CA vs. the Other States”fact sheet (this electricity… Read More