Going Up: Your Electric Bill. Going Down: Wildfire Risk? – August 2021
The Orange County Register reports on Faculty Director of the Energy Institute, Severin Borenstein, discussing electricity rates.
“Severin Borenstein said that when utilities increase electricity rates, they are discouraging people from using electricity for their stoves, water heaters, vehicle charging, and the like. ‘When you charge about three times the actual incremental cost of providing the electricity, you’re shooting yourself in the foot,’ he said.”