←back to thread

1041 points mpweiher | 2 comments | | HN request time: 0s | source
Show context
reenorap ◴[] No.45225348[source]
We need to drive down the costs of implementing nuclear energy. Most of it are fake costs due to regulation. I understand that regulation is needed but we also need nuclear energy, we have to find a streamlined way to get more plants up and running as soon as possible. I think they should all be government projects so that private companies can't complain that they're losing money and keep have to ratchet up the prices, like PG&E in California. My rates have doubled in a few years to over $0.40/kWh and up over $0.50/kWh after I go up a tier depending on usage.
replies(39): >>45225431 #>>45225480 #>>45225524 #>>45225535 #>>45225565 #>>45225613 #>>45225619 #>>45225755 #>>45225860 #>>45225949 #>>45225961 #>>45226031 #>>45226055 #>>45226067 #>>45226154 #>>45226181 #>>45226458 #>>45226594 #>>45226646 #>>45226658 #>>45226803 #>>45226943 #>>45226958 #>>45227052 #>>45227098 #>>45227206 #>>45227241 #>>45227262 #>>45227391 #>>45227592 #>>45227750 #>>45228008 #>>45228029 #>>45228207 #>>45228266 #>>45228536 #>>45229440 #>>45229710 #>>45229877 #
ahmeneeroe-v2 ◴[] No.45225535[source]
You should look more closely at your PG&E bill. There are some hidden CA taxes in there.

Also PG&E was forced to divest most of their generation assets, so I believe that much of the grid power down there is not under PG&E's control

Edit: Finally, any Western US utility needs to bear the cost of wildfire liability. Whether that is a state-owned utility or private, the cost is still there.

replies(2): >>45225813 #>>45226953 #
reenorap ◴[] No.45225813[source]
PG&E is in no way a victim here. Their CEO is being paid $50M a year, and our rates got increased 6 times last year. Nevada the next state over, the prices are 20% of California's.
replies(2): >>45226010 #>>45229736 #
1. ahmeneeroe-v2 ◴[] No.45229736[source]
$50M is obscene, but not really a needle mover for rate payers. You could pay the whole executive team $0 and it would save the average residential ratepayer a few bucks per month, probably less than $5 per month.
replies(1): >>45230352 #
2. ZeroGravitas ◴[] No.45230352[source]
Do they pay him that amount because he is really good at keeping end user prices down?

Or do they pay him that much because he's good at extracting as much money from the situation as possible?

When given an option that would double costs and profits or halves costs and profits which is he incentivized to do?