Where Do California's High Electricity Prices Come From?
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The state of California pays the second highest rate for electricity in the country: 22.33¢ per kilowatt-hour (kwh) in 2022. Only the isolated island state of Hawaii pays more according to the Energy Information Administration (EIA). Average retail prices have increased year over year and are now higher than what they were at the peak of the 2001 Enron …
Average Cost of Electricity for PG&E Now Higher Than During California Energy Crisis
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The average cost of purchased electricity for Pacific Gas & Electric (PG&E) is now more than what it was during the California electricity crisis of 2000-2001. According to annual reports, the average cost of purchased electricity for the utility was ¢16.8 per million kilowatt-hours (kWh) in 2018. In 2000, it was ¢15.2. In the 18 years between then, the …
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