Seen on reddit and other sources:
https://old.reddit.com/r/fresno/comments/1hxqlx7/the_more_i_try_to_save_energy_the_higher_the/
Its already 50c or more per kilowatt hour… https://www.pge.com/assets/pge/docs/account/rate-plans/residential-electric-rate-plan-pricing.pdf
On top of the “The Electric Home Rate Plan includes a $15-per-month Base Services Charge”… because people were starting to get 100% of their power from solar and it was “unfair”.
That’s California though, where everything is expensive. In the east coast I paid around $0.20 this summer which includes peak hours. Although it has steadily gone up in the last few years. It used to be $0.12-$0.14.