Communist California has mandated unlimited electricity "basic service" at fixed monthly rates for consumers - will end in a gri...
The communist state of California has mandated fixed monthly "basic service" rates that offer unlimited electricity to consumers, creating a compelling incentive for people to carry out large-scale cryptocurrency mining in their homes at artificially low c...
Weed growers rejoice
I can see it now..
"Sure i'll take the 5$/mo package for unlimited electricity"
Runs a fleet of crypto-miners 24/7, makes $20,000 a year on $60 of electricity
Considering they struggle to maintain their Grid when not doing this. I doubt this will turn out well
I thought protecting the environment meant not using energy. Now they are subsidizing the use of energy. SMH.
Perhaps someone can make a meme showing the transmission towers collapsing from the weight of the 10 ft diameter copper cables necessary to move all this imaginary electricity.
They’re mostly ACSR, aluminium conductor steel reinforced.
What's the cross section, and how big do you think they'll be when this plan goes through?
Fire up the bitcoin harvesters!
This is unconstitutional....will commies now stand up because now they will be living like commie?
I don't understand how this works with the top fee being only $85 (for those earning over $180,000) Friends and family in CA pay anywhere between $200-$400. So suddenly they can pay $85 or less?
The $85 charge would be assessed without using any electricity, think of it as a service charge. Oh even the solar powered houses will be assessed the fee!
And that, my friend is where the lid will pop. People, after investing $20-$30K in a system will now have to pay a minimum fee. Also out of state property owners, such as me will be expected to hand over financial records to a power company. Not gonna happen. I am not a resident and I do not pay California income tax nor will I give them the info. Not sure how they will handle that.
There's already a minimum electrify charge with solar. It's only ten bucks a month or so, but if you are connected to the grid (which isn't optional in any town or city) then you pay something regardless.
in summer I'm paying 200-300/mo in the midwest
I average $250/mo in SE Alaska
Heat?
In Texas it’s the AC that uses the most.
If only they had nuclear power, this would be a blessing