What is the most ironic thing about NEM 3.0 is new construction is MANDATED by the state to have solar rooftop. But, you don't get any compensation for it. You'll spend an extra $25,000 for a solar system that doesn't pay for itself. Another permit, another fee. C'est la vie...
https://ktla.com/news/local-news/fixed-rate-electricity-bill-charges-how-they-would-work/
This is major concern for most ratepayers. How can the 3 IOU's be expected to gather and verify your income? I assume it will be through Franchise Tax board. I'm not sure this is a good thing.
https://corporate.walmart.com/newsroom/2023/04/06/leading-the-charge-walmart-announces-plan-to-expand-electric-vehicle-charging-network
This is still 7 years out and they have an extensive EV charging base. I would like to see if this pans out.
TBH, Newsome and taxing exorbitant profits is ostensibly a win for the public good. However, what would be better is to find out HOW MUCH exorbitant profit is and take confiscate that. Taxes are good and all, but if you're cheating, manipulating, then those profits are "ill gotten gains".
https://calmatters.org/politics/2023/03/california-oil-profits-newsom/
Can we agree that Big Oil will blame the existing taxes on Cali's special oil for their massive profits? Bueller?
I've thought about the Trump era and the time leading up to it.
This is a great piece in The New Atlantis:
https://www.thenewatlantis.com/publications/the-technocrats-dilemma
The author makes a good point about public vs. private bureaucrats and what needs to be said and what ISN'T said. Sadly, our system is beginning to look more Soviet like.
