Solar Energy Show

Prepping For Higher Electricity Costs

Informações:

Sinopsis

You Are Getting Ripped Off.That’s right. If you’re a California homeowner, your utility is jacking up your electric bills to maximize their profits — and the government is approving these rate increases.PG&E’s profits have gone up three years in a row. Their profits hit a record of $2.5 billion in 2024. All because of steadily increasing electric rates and continued over-investment in expensive utility infrastructure.It’s a little-known fact that utilities like PG&E get a guaranteed 10-12% return on all of their assets — including power plants, poles, even their fancy office buildings. They then get to increase electric rates every year to ensure they hit these profit targets. I wish I ran a business where I could automatically raise my prices to guarantee 10-12% annual profits. And my customers were forced to buy my products because I have a monopoly with no competition. Nice work if you can get it.But there is a way to fight back and take control of your energy costs: generate your own rooftop solar