California adopts FIXED RATE Unlimited Power! Mining ₿itcoin will be CHEAP until the Grid Collapses!

The communist state of California has mandated fixed monthly “basic service” rates that offer unlimited electricity to consumers, creating a compelling incentive for people to carry out large-scale cryptocurrency mining in their homes at artificially low costs, which will absolutely collapse the power grid.

The fixed rate power arrangement has already been made law, and it means that power companies are forced to offer consumers unlimited kilowatt hours at zero incremental cost for their basic electricity service! Ahhhh, Socialism!

https://www.msn.com/en-us/money/companies/california-power-companies-roll-out-fixed-rate-bill-proposal/ar-AA19XVx0

If you earn up to $180,000 per year, you’ll pay $51 a month as a flat fee, no matter how much electricity you use.

Above $180,000 in annual income will get you an $85 / month flat fee for unlimited electricity usage.

How do we know for sure this applies to unlimited electricity usage? SDG&E actually brags about this in one of their press releases about the program!

https://www.sdgenews.com/article/sdge-submits-rate-reform-proposal-designed-stabilize-and-lower-energy-bills

Unlimited electricity consumption, in other words, at the same fixed monthly cost.

Confusingly, the SDG&E press release then says that some “portion” of a customer’s bill will vary if they use clean energy such as natural gas, wind and solar. This seems contradictory, almost as if the electric company is saying that clean energy will cost you more if you use it, but dirty energy will be free and unlimited. (Leave it to delusional left-wing bureaucrats and communists to come up with such a structure that will disincentivize energy conservation, thereby causing more people to use more energy that burns more fossil fuel resources such as coal.)

The press release even brags about how this would provide “immediate financial relief” to families, since they won’t be fully paying for the actual amount of electricity they’re using. This entire program is being peddled as a kind of electricity welfare program to bring down everyone’s power bills. It’s no surprise this is happening in a state run by lunatics who practice magical thinking such as believing that a biological man can become a woman. They also apparently believe electricity is created by magical kilowatt fairies or amperage-farting unicorns that feed the power grid for free.

With this program, the state just obliterated any incentive for people to conserve electricity, since it’s going to become an all-you-can-eat kilowatt buffet for most of a person’s power bill. Even worse, it’s obviously going to bankrupt the power companies and require the California government to either heavily subsidize them or even take them over, creating state-run power companies that function exactly as you might expect they would: Disastrously.

California residents and businesses should prepare for rolling blackouts and infrastructure collapse once this program kicks in around July of 2024.

READ MORE: https://www.naturalnews.com/2023-04-18-california-has-mandated-unlimited-electricity-basic-service-at-fixed-monthly-rates.html

If this helps you to mine cheap Bitcoin, hook a brotha up! 👇

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