Oh my! I just ran MY cost of California electricity stats using the latest federal data compilation:
CA residential electricity costs an average of 44.2% more per kWh than the average for the other 49 states. CA commercial rates (think office buildings and shopping centers) are 60.6% higher.For industrial use, CA electricity is an astonishing 98.5% higher than the other states’ average. (August, 2017). https://www.eia.gov/electricity/monthly/epm_table_grapher.cfm?t=epmt_5_6_a
The Texas advantage compared to California is even higher. CA residential electricity costs 71.2% more per kWh than Texas residential electricity. CA commercial electricity costs 115.7% more than TX. But the astounding figure is the INDUSTRIAL rate difference — CA rates are 175.7% higher than TX.
I was prompted to run this update by a fine article (below) comparing how CA and TX deal with the cost of electricity. TX is well served by having more of a free market system with competition. Meanwhile CA is… Read More