California state senators grilled California Public Utilities Commission (CPUC) officeholders this week about the high price of electricity in the state.
At Wednesday’s Senate Rules hearing, senators asked CPUC Commissioner Matt Baker about the high cost of electricity for ratepayers, as Pacific Gas & Electric (PG&E) pockets massive profits.
Baker, who notes that California electricity bills are above the national average, told the Senate committee that the main drivers for the increase in the cost of electricity in the state are mainly wildfires, as well as inflation since the pandemic lockdowns. Storms have also added to the cost….