PG&E faces uncertainty on the road to becoming stable. Without certainty as to their financial viability, prices will almost certainly be negatively impacted. This price environment motivates businesses to provide their own reliable electricity at low costs per kwh to protect their business from the volatility in the market. This article highlights some of those uncertainties that we will deal with in the months and years ahead.
The US Energy Information Administration (EIA) recently updated their data on the average cost of electricity by state. Costs are rising and, in some states, are already very high. Generating power for your own operations is a way to reduce pertaining expenses and limit your upside exposure to cost increases year over year. See the data here.
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