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| ▲ | dalyons 2 days ago | parent | next [-] |
| Supply costs have surprisingly not that much to do with Californias silly electric rates. They load into the retail rates all kinds of disaster recovery costs, environmental blah blah costs, distribution upgrades, social programs, the list goes on. Plus straight old fashioned corruption in a state sponsored monopoly. You can get some idea of the BS that gets loaded in by comparing some rates from municipal grids like SMUD vs pg&e. Same supply, fraction of the end user rate. Anyway, that is to say theres very little useful to draw on here in comparing nuke to renewable cost. |
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| ▲ | oblio a day ago | parent [-] | | > Plus straight old fashioned corruption in a state sponsored monopoly. Why don't they just nationalize it? At that point there wouldn't be a huge incentive to raise prices and increase profits and state control would demand lower prices for residents. | | |
| ▲ | ben_w a day ago | parent [-] | | > Why don't they just nationalize it? Given the general dysfunction in American politics (and I say this as an outside observer), the current owners would raise a stink about it, possibly playing the "nationalize == communism == USSR == gulags" card as a negative campaign in the next election. |
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| ▲ | runako a day ago | parent | prev | next [-] |
| GA resident here. Let's not close the books on Vogtle yet, as our electricity rates are also moving up quite significantly. Let's get to a steady state before we declare a cost win. IIRC our rates are up ~30% since 2024, and our electricity prices are 5th highest in the nation. I need to underline that this is in one of the lower-wage states in the country, with few state-level labor protections. Also: the finances on Vogtle were sufficiently bad that they led to a rapid run-up in consumer electricity rates that generated political fallout. First: two members of the Public Service Commission lost their seats to Democrats, who do not generally win statewide races here. Second: the Federal government has had to specifically loan money to the operator to subsidize consumer rates. The Federal government could equally subsidize California rates down to the average or below if it so desired. |
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| ▲ | hparadiz 2 days ago | parent | prev | next [-] |
| That's part of why the shift to renewables. I have a 12kw system on my roof and I pay $220 in December and get $150 back in July. The economics are getting interesting cause now you can get a 2kw hr battery for like $350 and plugin 400 watts of panel into it and run at least a laptop and basics peripherals forever so the draw on the grid is gonna diffuse over time. |
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| ▲ | QuercusMax 17 hours ago | parent [-] | | For peace of mind I'd like to be able to run my EV (24kwh battery) and spare fridge / freezer off home solar. Anything more than that is gravy, and I'd rather invest in things like Oregon Community Solar. |
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| ▲ | array_key_first a day ago | parent | prev | next [-] |
| Electricity is cheap in Georgia because Georgia is generally not a desirable state for business. Electricity, along with a lot of others things, is expensive in California because it's California. There's a lot of talent in California, a lot of inertia, and a huge economy. |
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| ▲ | oblio a day ago | parent [-] | | > Electricity is cheap in Georgia because Georgia is generally not a desirable state for business. Are you insulting the great state of Georgia??? Paraphrasing a quote about North Carolina from American Crime Story, season 1, episode 9: > [...] may I state first of all what a pleasure it is to be [...] once again in the great state of Georgia. My heart gladdens [...] when I stand in one of the original 13 colonies. |
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| ▲ | mrroper 2 days ago | parent | prev [-] |
| 12 Billion in loan guarantees doesn't get paid in bills and isn't an accounting trick that costs nothing:
https://www.cbo.gov/publication/60682 |
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| ▲ | Dylan16807 a day ago | parent [-] | | That's a really big and generic article. What are you saying this loan guarantee cost? | | |
| ▲ | runako a day ago | parent | next [-] | | https://www.energy.gov/articles/energy-department-announces-... Basically -- Vogtle drove our power rates up so quickly that the federal government had to step in and subsidize rates. | |
| ▲ | mrroper a day ago | parent | prev [-] | | Comparing two numbers because you have them is like looking for your keys at the nearest lamp post because there's light. | | |
| ▲ | Dylan16807 18 hours ago | parent [-] | | I'm not focused on some random attribute. The cost of this specific plant was a big part of this conversation, so I'm asking what number I'm supposed to use for it. | | |
| ▲ | mrroper 17 hours ago | parent [-] | | I did not make the claim that Georgia and California are comparable energy markets. The cost of that one subsidy is between 1 and 4 billion. The Federal government's handling of the two states is entirely different and the states themselves have entirely different priorities so the cost of something government manipulates heavily is not about production costs from when projects started and certainly not about production costs if new projects started today. |
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