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A comment on Giant batteries are transforming the way the U.S. uses electricity. Parent comment

Re:Giant batteries are transforming the way the U.S. uses el... by standeven on Tuesday May 07, 2024 @12:31PM (#40287901)
Most of California’s electrical costs are due to transmission and distribution, and I believe a lot of those costs stem from reducing power-related wildfire risks.

Last time I checked, 11 states received the majority of their electricity from renewable sources, and 10/11 had cheaper rates than the national average, with California being the exception.

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Re:Giant batteries are transforming the way the U.S. uses el... by hammock on Tuesday May 07, 2024 @01:30PM (#40288823)
PG&E (California's electric utility) books over $2 billion a year in profit - the equivalent of a $110 charge per month on every California household's bill at their 12.5% profit margin. Despite that, they claim insolvency and fight payouts to fire-injured taxpayers
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Re:Giant batteries are transforming the way the U.S. uses el... by zone411 on Tuesday May 07, 2024 @01:49PM (#40289106)
They claim insolvency? What are you talking about? They went through bankruptcy in 2019-2020. 4 years ago.
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Re:Giant batteries are transforming the way the U.S. uses el... by hackernewds on Tuesday May 07, 2024 @08:46PM (#40293215)
I pay $100 per month, this calculation can't be right.
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Re:Giant batteries are transforming the way the U.S. uses el... by briffle on Tuesday May 07, 2024 @09:40PM (#40293513)
Businesses and farms use WAY more power than the average home.
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Re:Giant batteries are transforming the way the U.S. uses el... by crackercrews on Tuesday May 07, 2024 @12:35PM (#40287961)
This probably includes states with abundant hydro power. That's a much cheaper reliable source of renewable energy.
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Re:Giant batteries are transforming the way the U.S. uses el... by pfdietz on Wednesday May 08, 2024 @09:25AM (#40297863)
I wonder how much of the costs are due to "negawatts", investment in energy efficiency. Do that enough and you layer large capital costs on the system that the utility can charge for.
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