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PG&E TOU Plans

Seemed clear from context of follow up post. :shrug
 
mrzuzzo said:
It's really not that regressive. The homeowners are fronting the cost of the generation equipment and taking on the risk of maintaining it - something PG&E seems to fail at doing.

Low-income people have subsidies through PG&E as well, but you're making it sound like they are covering for the solar customers. Let's cancel those as well since PG&E is "losing" money there too, to be fair.
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PG&E buys power from wholesale retailers all the time. The difference is they pay near nothing for solar power in mid day, but have to give solar customers a credit worth at least the lowest rate they charge retail.

Basically, all the power I send them now is costing them $0.20+ per KW even though they can buy the same power for $0.04 on the spot market
 
mlm said:
PG&E buys power from wholesale retailers all the time. The difference is they pay near nothing for solar power in mid day, but have to give solar customers a credit worth at least the lowest rate they charge retail.

Basically, all the power I send them now is costing them $0.20+ per KW even though they can buy the same power for $0.04 on the spot market
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I dunno this isn't really how it works for NEM 2.0.... Yeah you get a credit but if you don't use it you get paid the wholesale rate, so it's not like PG&E stands a wholeot to lose here. There is no situation where PG&E is paying solar customers on NEM 2.0 the retail rate in cash.
 
mrzuzzo said:
I dunno this isn't really how it works for NEM 2.0.... Yeah you get a credit but if you don't use it you get paid the wholesale rate, so it's not like PG&E stands a wholeot to lose here. There is no situation where PG&E is paying solar customers on NEM 2.0 the retail rate in cash.
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With NEM you get to use the grid as your free battery. Whereas normally PGE gets to enjoy the economic advantage of buying power for cheap, selling for expensive, and uses the differential to subsidize cost of the most expensive part: the grid.
 
wazzuFreddo said:
They have to pay for all that deferred maintenance that stacked up after they diverted the original money for maintenance off to shareholders and executives. :laughing

It pretty much was a long term mob style bust out over there.
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Did you get any inside info on the bust? I would like to hear more about the gory details of the house cleaning and revel in it, a bit.
 
mercurial said:
Did you get any inside info on the bust? I would like to hear more about the gory details of the house cleaning and revel in it, a bit.
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They didn't get busted, they continue to have huge bonuses, and continue to privatize profits and socialize losses.

Major rate increases coming soon, closely followed by massive bonuses.
 
I will likely buy a real battery next year after I pay off the solar. I think it will really help with lowering expenses in the long run.
 
As expected...

PG&E’s recent request for an 18% rate increase — and no, we didn’t forget a decimal point — is about as tone deaf as you can get.

...

PG&E customers already pay way more than the national average — as much as 80% more, according to a UC Berkeley/Next10 study.

If the rate increase were approved, the electric bill for an average residential customer would increase from $138.86 in 2021 to $164.05 in 2023, according to the application submitted to the CPUC.

Source with paywall, use incognito to view
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Climber said:
As expected...
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You know, I have recently done some solar installs with SoCal Edison and SDG&E and I have to say, it is amazing how shitty PG&E is compared to even those other expensive CA Utilities.
 
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