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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 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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