The current public utility framework and utility regulation assures us of inadequate infrastructure and chronic underinvestment. We are not politically capable of solving this problem without a total reexamination of the goals of public investment . We will always be faced with the problem of too little too late. We have a lot of history to overcome. Building for the future involves real sacrifice.
One last comment for now. The formula for price setting under PUC guidance guarantees inadequate investment to meet the growth in demand because it isn't based on the estimated costs of adding future capacity. More later.
A good friend lives in Clackamas County, on PGE. His rates have been hiked several times in the last two years, now averaging 50¢ per kilowatt hour. Our current rate, about 7¢ per kWh is cheap! Question: will budget plan customers get the rate increase now or at anniversary adjustment? Ours would be July, 2025.
The current public utility framework and utility regulation assures us of inadequate infrastructure and chronic underinvestment. We are not politically capable of solving this problem without a total reexamination of the goals of public investment . We will always be faced with the problem of too little too late. We have a lot of history to overcome. Building for the future involves real sacrifice.
One last comment for now. The formula for price setting under PUC guidance guarantees inadequate investment to meet the growth in demand because it isn't based on the estimated costs of adding future capacity. More later.
A good friend lives in Clackamas County, on PGE. His rates have been hiked several times in the last two years, now averaging 50¢ per kilowatt hour. Our current rate, about 7¢ per kWh is cheap! Question: will budget plan customers get the rate increase now or at anniversary adjustment? Ours would be July, 2025.