Skyrocketing Electricity Rates and Soaring Utility Profits: What Went Wrong with the CA’s Utility Regulator & It’s Paid Public Advocates?
CA electricity rates tripled in the last 10 years and are now among the highest in the country. One CA utility scored record profits in 2023–a whopping 25% increase over 2022. Is this because the CPUC incentivizes over-investment by rewarding utilities for making investments rather than economically delivering electricity? The linked article also lauds the work of publicly funded advocates who have been paid $25M in last 5 years to represent the public interest.
CA Housing Supply Crisis: Cities’ violation of housing mandate triggers “builders remedy,” which spurs low density sprawl into agricultural land and hillsides instead of increased density and infill.
Los Angeles Mayor Bass Proposes Cutting Funding for Homeless and Decreasing Police Force. https://laist.com/brief/news/politics/la-budget-reduces-spending-on-homelessness-program-eliminates-vacant-jobs