Energy Investing - California will pay companies $2/kWh to stay off the grid - Energy Investing - InvestorVillage


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Msg  343350 of 353329  at  8/3/2021 11:23:39 PM  by

jimphan


California will pay companies $2/kWh to stay off the grid

Now Newsom is effectively calling up the next line of defense: backup generators. Among other measures, his declaration creates a temporary program through October to encourage “large energy users” to reduce their demand by shifting to in-house generators. Commit to a minimum level of reduction during grid emergencies or warnings, and they will be paid $2 for each kilowatt-hour avoided. That is … a lot. Industrial customers in California paid an average of 14.4 cents for each kilowatt-hour of power supplied to them in 2020. The state is now offering 14 times that to not supply them when necessary. 
 



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Replies
Msg # Subject Author Recs Date Posted
343352 Re: California will pay companies $2/kWh to stay off the grid ScottMc 4 8/3/2021 11:29:22 PM
343355 Re: California will pay companies $2/kWh to stay off the grid c185pilot2000 3 8/3/2021 11:31:59 PM
343367 Re: California will pay companies $2/kWh to stay off the grid Bearcatbob 2 8/4/2021 6:58:39 AM
343370 Re: California will pay companies $2/kWh to stay off the grid Firesole2 12 8/4/2021 7:15:43 AM
343371 Re: California will pay companies $2/kWh to stay off the grid MrBigger 3 8/4/2021 7:20:08 AM
343376 Re: California will pay companies $2/kWh to stay off the grid ghmndod 14 8/4/2021 7:50:27 AM


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