Seems fair
I mean theres only so much money can do. You cant have infinite growth on a finite planet. Water doesnt grow on money.
I’m confused why this isn’t being done everywhere.
most of the states, govorners have been bribed, whitmer, mills,etc. the gop are all on board.
Bribes.
My people 🥰
We’re not perfect here, but we do make some good choices!
Hey. Speak for yourself. 🤪
This is the way.
But what if they pass on the expense to their users?
Then it’d be an even bigger win.
I mean, they kinda of have to. I don’t know that any data centers are running at a profit yet and that’s even after they’ve switched to usage pricing; with the increased burn rate there’s no way they can’t raises price sooner rather than later.
ETA: but make no mistake, they will do anything they can to just make multiple smaller data centers that stay under the 20MW bend point. Maybe the economics will make sense, maybe it won’t. Hopefully the 20MW and 30% figures involved some math by a bean counter to conclude the economics won’t make sense.
Proud of my state, mostly.
Same, we drop the ball at times but overall I like where we’re headed.
Good shit
What had Steyer said his ideas for California were? He kept saying he was going to take on the power companies but can’t recall policy papers.
This has nothing to do with “fair share” you people are deranged. This is simple cost and profit calculation
Lol, 1.3% is meaningless
So what did they do with the rest of the money?
There are only so many data centers, so by hiking their rates 30% then they were able to reduce the already paid rate of probably 1.5M households by 1.3%. They didnt increase everyones rates 30% and then reduce it to 28.7% for the residential customer.
1.3% is pretty significant when youre talking about over a million accounts. Data centers use a ton of energy but thats a handful of accounts by comparison (or literally)
But nothing is good and everything sucks so this is invalid
Have you seen other power companies lowering prices instead of increasing them?
