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Politics : Formerly About Advanced Micro Devices

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To: zzpat who wrote (1052753)2/3/2018 3:37:33 PM
From: longnshort  Read Replies (1) of 1582204
 
Rider: Electricity Cost: CA vs U.S. — and TX
February 2, 2018 By Stephen Frank 2 Comments
California has high income taxes. Texas has none. The workers in Texas do not have to pay bribes to work—in many places in California they have to pay extortion. California is building a high speed rail from L.A. to San Fran, for $200 billion of taxpayers money. Texas is building a high speed rail from Houston to Dallas, approximately 300 miles for NO tax dollars—all private funds. Local cities will build the stations in exchange for development around the stations.



Per kWh in 2017 Residential Commercial Industrial All sectors
CA cost of electricity$0.1877$0.1516$0.1308$0.1590
U.S. cost of electricity$0.1301$0.1055$0.0679$0.1038
CA % higher than U.S. avg.44.3%43.7%92.6%53.2%
TX cost of electricity$0.1140$0.0840$0.0533$0.0840
CA % higher than TX64.6%80.5%145.4%89.3%


In Texas, in most places you have a choice of electricity providers—in California it is a government approved monopoly. The free market works in Texas—in California socialism is a failure.



Electricity Cost: CA vs U.S. — and TX
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