California already suffers from high retail electricity rates relative to the rest of the country. PRI reports that retail rates in the Golden State are up to 131 percent higher than rates in the Pacific Northwest and 70 percent higher than rates in the Mountain region. In fact, California rates are 53 percent higher than the U.S. as a whole.
“This adverse effect is certain to worsen the other important disadvantages that various California public policies have created in terms of competitive dynamics with other states,” writes Zycher.
State residents are already being hit hard if they do not install solar devices onto their rooftops. The San Francisco Chronicle reports that Californians who don’t have solar rooftop installations paid an extra $1.3 billion in yearly power bills.
“The higher costs to be borne by the California economy will not be offset even in part by economic benefits,” concludes Zycher. “That the rising costs to be imposed upon the private sector might engender greater political opposition to the RPS requirements may be a source of hope for policy reform.”
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