Stop the Utility Profit Grab
- Jul 12, 2021 11:48 am GMT
6/30/21 News Story: “PG&E just asked regulators for a $3.6b rate hike to reduce fires from their own power lines”
Another “in your face” profit grab from a utility that blames rooftop solar for high electric rates. This rate increase works out to $36 per month for every homeowner in California! Do they think we’re stupid?
The biggest threat to rooftop solar and storage is not political. It’s not tariffs. Or product shortages. The biggest threat is from aggressive lobbying (which we pay via our electric bills) and outright lies from monopoly utilities.
It’s pretty simple: utilities are trying to prevent businesses and homeowners from installing their own solar and battery systems so they maximize their profits. They lie about rooftop solar and storage. Adding insult to injury, they are also trying to increase fees for customers who already have these systems. It’s an outright, blatant, anti-competitive profit grab that will harm all current and future solar + storage customers — while at the same time increasing monopoly utility profits. And our regulators have historically gone along with these profit grabs.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.