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Fun read about how the PoCo monopolies (I mean IOUs?) are combating solar

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holeydonut

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Jun 27, 2020
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Probably nothing new here for anyone that frequents the forum, but still a fun read.


The California Governor insists that the IOUs here are only interested in sustainable, safe, and reliable energy since they do not profit regardless of how much energy people use. But he never discusses the concept that the PoCos make their guaranteed profit based on the amount of investment they get to deploy. That is the root of the battle; but the PoCo lobby always turns it into a conversation about how kWh of energy consumption is monetized.