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Comment by powerbroker | Hacker News Reader

1. I've paid electric bills in four different cities. Rates haven't been increased at more than 1x annually in any of them.

2. California is getting what seems to be two overhauls: a) replacing/upgrading lines and vegetation practices to harden them against sparking fires; b) massive electrification of cars, data centers, appliances. The capex has to be paid somehow... and interest rates are a drag to that.

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> Rates haven't been increased at more than 1x annually in any of them.

Do you mean 2x?

> California is getting what seems to be two overhauls

I believe large share of rate increase is because PG&E need to pay multibillion penalty for previous years of negligence which caused multiple fires with casualties.

When talking about increases, usually you're talking about the increase by itself.

So if the total bill doubles from last pay period period, it is said that it has _increased_ 1x.

it increased by 100%, not 1x.

No, they're literally the same thing.

> it is said that it has _increased_ 1x.

my experience is that people say it increased 2x times. You can say it increased by 100%.

They're part of the wildfire fund so hopefully it's not all that.

https://www.cawildfirefund.com/participating-utility-compani...

that's safety improvement 5B fund, but there are also damage payments for 25.5B: https://www.pbs.org/newshour/nation/judge-oks-nearly-25-bill...

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