My electric rates more than doubled. No doubt for different reasons, including previously shelved infrastructure improvements such as underground lines.
For whatever reason, it hurts like hell.
For whatever reason, it hurts like hell.
It was break even though, and the EV driving/re-fueling experiencing is much nicer for local travel, so it still makes sense to go with EV.
We should be seeing historically low rates, but suspiciously the rates have been going up.
I get grid adaptation is a nice expense, but LCOE is LCOE: the leveled cost of energy.
Therr are lots of questions why America's economy had done better (statistically at least) than the rest of the world since covid... To me it is the rise of shale oil. Cheaper energy makes for a better economy.
Oil is a good short term help, but what we really need in America is an alternative energy strategy... A path to less than 10 cent energy from Alt energy.
It's won't happen under the Cheeto, but we are in the long term making ourselves less competitive worldwide not pursuing alt energy aggressively with a boatload of subsides.
Typically charged at L2 chargers at a retail rate of $0.39/kWh (admittedly during dinner peak after work -- off-peak was lower). The 17 kWh battery gave 40 miles of highway driving, for 16.575 cents/mi.
Gas during the same period peaked at $6.749/gal, although I went out of my way to fill up at Costco Gas and saw prices as low as $3.999/gal - weighted average over that three year period was $4.896/gal. The 7 gallon tank gave another 300 miles of highway driving, getting 9.331 cents/mi to 15.748 cents/mi.
At the same gas prices, a comparable gas-only car getting 29.1 MPG would be 13.8-23.2 cents/mi in gas costs.
Every year, it decreases.
Only Municipal power companies like in Sacramento, LA, Palo Alto & Santa Clara to name a few have rates that are 1/3 to 1/2 of PG&E rates. They pay a small grid interconnection fee to the other utilities but beyond that their cost structure is much lower and they don’t have to return dividends to stock holders.
Gas rates have a similar cost structure between municipal and public companies although for some reason there are fewer municipal gas companies at least for smaller cities.
But PGE having to provide power to wilderness areas in genera costs all PG&E customers to bear the cost and it’s a cost that Municipal power companies in CA don’t have and their rates an 1/2 or even more than PG&Es.