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A comment on States, including CA and NY, sign heat pump memorandum to reduce air pollution. Parent comment

Re:States, including CA and NY, sign heat pump memorandum to... by amluto on Wednesday February 07, 2024 @11:54AM (#39290889)
IMO the state should have forced PG&E into liquidation, bought all the assets, and converted the whole mess to a public utility. It would surely take some time to learn how to operate PG&E’s disaster of a system, but it’s not as though PG&E can competently operate its own system right now.
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Re:States, including CA and NY, sign heat pump memorandum to... by s1artibartfast on Wednesday February 07, 2024 @12:35PM (#39291481)
I hated this idea at the time, but have come around to it. Im fairly libertarian, but understand that competition is difficult for the power distribution network.

As much as I think the state is inefficient, a cost plus regulated monopoly is even worse. Municipal power companies in CA run $0.10-0.20 per kwh, while PG&E is $0.40-0.50 cents, and going up.

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Re:States, including CA and NY, sign heat pump memorandum to... by amluto on Wednesday February 07, 2024 @04:12PM (#39294391)
It would be amusing to require PG&E to match the average rates of the municipal utilities plus 10%. And then liquidate them when their stock goes to zero as a result :)
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