However, I do recall back when there were grid problems in Texas a few years ago someone justifying the high prices California paid as due to their high grid reliability and solid regulatory framework (California pay 2x as much IIRC). I'm too far away to really get into the details but it'd be much more interesting to have a comparison on the reliability of the Californian grid compared to other US states and even countries. When it comes to high availability the diminishing returns to spending set in pretty quick and I get the impression there is a slow return to economic reality happening as voters are forcing governments to start paying attention to energy again, environmentalists or otherwise.
California's rates were rationalized, in part, because California is taking steps to increase reliability. It's been decades seen we've seen rolling blackouts at the hands of Enron. Long-term plans to increase intra-state transmission capacity are in place and are currently being executed (you're welcome to dig them up on the ISO's site). The weather related preemptive power cuts have been pared back dramatically since their introduction. We're talking hundreds of thousands of people without power for days versus hundreds or thousands for hours.
Let's not forget that the "grid problems" you're referring to cost some ratepayers tens of thousands of dollars because that's the sort of retail electric plan that was legal in Texas.
But also please don't lump all Californians one group. PG&E rate payers are extorted for some of the highest electric rates in the nation (as are SDG&E and most IOU rate payers). Folks with access to municipal power in California pay far less.
Not that it will necessarily make for fewer blackouts, but a ~50% rate discount would be nice. That's what users in Santa Clara pay IIRC, and SF even owns the hydro generator at O'Shaughnessy Dam.
It's a beautiful state. There's literal mountains of opportunity here. It's lately all too easy to become irrationally angry at these con artists and their ruinous agendas.
Avicebron•55m ago
inferiorhuman•23m ago
Edit: For non-Americans, landline telephones were highly regulated up until '82 with AT&T having a government sanctioned monopoly.