If you get a bill in the mail for a monthly charge of $1,873.90, who would you expect to be paying? A mortgage company? A landlord?
Not in California. That bill covers electricity for a suburban house near San Diego, according to the Wall Street Journal. Thanks to the state’s refusal to use fossil fuels and to fund green-energy sources, the costs have come due for utility customers, in a state where power costs are rising faster than anywhere else in the country:
California is doing all it can to expand renewable energy production and rebuild its electrical infrastructure after flaws led to a series of devastating wildfires.
The state’s big utilities are spending billions to bury power lines and insulate wires, while at the same time moving quickly away from fossil fuels by building big solar and wind farms and transmission lines to carry the power.
First off, the wildfire…
