On Monday, Just the News posted an article about energy prices in California. Obviously inflation combined with the curtailment of American energy production has caused energy prices to increase everywhere, but in California they have increased at double the rate of the rest of the country.
The article reports:
California’s energy costs are double the national average and increasing at double the national rate as the state pushes for reducing emissions to 40% below 1990 levels by 2030. The state’s energy regulator says energy costs are rapidly approaching the tipping point at which filling up a Tesla with electrons will cost more than filling up a Camry with gasoline.
With the state reducing emissions by an average of 1.5% per year since 2010, this rate would leave the state not reaching its emissions goal until 2047.
California energy costs 2.3 times the national average, with energy costs in the state increasing 10.9% over the past four years compared to 5.1% nationwide, according to an analysis by Radiant Energy Group of U.S. Energy Information Administration data. In some markets, consumers face even higher increases — in San Jose, average monthly energy bills rose from $121 in 2021 to $203 by the end of 2023, with increases from $152 to $220 and $113 to $138 in Los Angeles and San Diego across the same time frames.
The California legislature is dealing with this increase by instituting what can only be called a Marxist solution–equal outcome–not equal burden.
The article reports:
Due to the extremely high cost of California energy, the legislature ordered the California Public Utilities Commission to restructure energy bill surcharges for non-consumption costs to be based on household income. Under this plan, monthly fees to cover utilities’ normal costs outside of electricity consumption — such as power line maintenance and wildfire protection — would be charged to homes based on their household income. Both Republican and Democratic state legislators have come out with plans to repeal this order, suggesting the income-graduated fixed charge may be shut down before it takes effect on July 1.
I think we can safely say that the free market is dead in California.