Obligatory reminder: PGE is not PG&E.
Still, that price hike sucks.
Edit: My bad. I misread it as 29% price hike for consumers. It’s actually for the datacenters. That price hike is more than fair.
Making datacenters pay more for their electricity, and letting actual PEOPLE pay less? How is this not what we want EVERYWHERE? (assuming “no mega data centers at all” is off the table)
Mea culpa. I misread the headline. Edited my comment. Thanks.
I the cumulative increase up a few years ago by going to PGEs deliberately difficult to navigate rate sheet and pulled it together for myself and it was 70% compunded from the original base rate, their math is low if they’re actually trying to measure the impact vs. a baseline. I wonder if these clowns ignored the compounding effect?
A 15% increase followed by a 20% increase is not a combined 35% increase from a baseline, it’s 38%. Basic fucking compounding(1.15*1.2). The more you run sequential increases the more the difference grows. Doubtless those are the numbers PGE and other utilities would hope regulators and news people would use when provided…
Good because my bill was over $500 a month this winter