Looks like California electricity prices will be going up even more. Californians already pay some of the highest electric rates in the country. These initiatives will guarantee even higher prices.
I took a look at the residential electric rates for California and the US overall at the EIA website. California has always had expensive electricity, but the last few years have seen prices skyrocket upward.
Residential electric rate, cents per kilowatt-hour
Year CA US Avg US avg
---- ----- ----- -----
2014 16.29 12.50 30.3%
2015 17.02 12.67 34.3
2016 17.40 12.55 38.6
2017 18.24 12.90 41.4
2018 18.90 12.89 46.6
2019 19.22 13.04 47.4
2020 20.51 13.20 55.4
2021 22.85 13.72 66.5
2022* 25.12 13.98 79.7%
* As of March 2022
Data for previous years, click on the Previous Issues button near the top
For previous years, the numbers for a particular year are from the February report for the next year, which includes information through December. The final numbers might be adjusted a little by the next year, but the percent differential is usually about the same.
In 2014, California residential rates were 30% higher than the national average. The latest report shows the state is now almost 80% higher than the US average.
Here in San Diego, the prices are even higher. The local utility now charges as much as 58.8 cents/kwh, if you use electricity between the hours of 4 pm and 9 pm. Again, the national average is about 14 cents.
Scroll down to TOU-DR1 (the most common Time Of Use plan)
As a result of these sort of policies, more people are unable to pay their monthly utility bills.
More than 350,000 San Diego County households were at least 30 days late on their SDG&E bills in March, the state Public Utilities Commission reports.
The 356,000 households behind on their payments represent 26.7 percent of the utility’s residential customers, an uptick from the 24.1 percent late a year earlier.
“They have to decide between pay the bills or buy food,” said Ramon Toscano, a Vista resident who is several hundred dollars behind on his electric bills.