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knuckleheadsmif | 1 year ago
Only Municipal power companies like in Sacramento, LA, Palo Alto & Santa Clara to name a few have rates that are 1/3 to 1/2 of PG&E rates. They pay a small grid interconnection fee to the other utilities but beyond that their cost structure is much lower and they don’t have to return dividends to stock holders.
Gas rates have a similar cost structure between municipal and public companies although for some reason there are fewer municipal gas companies at least for smaller cities.
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