Poe wrote, “Once upon a midnight dreary, while I pondered weak and weary, Over many a quaint and curious volume of forgotten lore.” I’ve done that too, in my case trying to figure out my electric bill. The cheapest electricity is from hydroelectric power, a couple of cents per kilowatt hour. Electricity from coal is perhaps four cents, from gas or nuclear around five to seven cents. But here in California, a small allotment of electricity is billed at around eleven cents, then rates rise rapidly to over forty cents. How are the astronomical rates achieved? It’s hard to figure, but when all the costs of green energy are included, a picture starts to emerge.
