Quote:
Originally Posted by john70t
2 years is excellent, and above most expected business returns.
(5 years break-even is what I've heard for the resteraunt business, if they are amoung the lucky 20% which survive that long).
Here in overcast Michigan, 65% of our electricity is from dirty coal.
I'd rather pay Texans.
|
Part of the reason that the price of electricty is high in California is the extreme regulation. For example, if you pay $0.32 per kWh and are producing more power than you use, the utility has to buy the excess power at the same rate you are charged.
This makes no sense. They are charging you for not just generation, but for transmission costs as well. Plus, they are paying a premium for power from you. So, everyone not producing excess power has to pay extra, to subsidize your production.
Now use you the term "dirty coal". In what sense do you mean "dirty"? The grandfather clauses for emissions have gone away.