Newsom’s Offshore Wind Plan Will Likely Cost Californians Tens of Billions of Dollars. They Already Pay Some of the Nation’s Highest Electric Bills.
Californians can once again expect a spike to their utility bills, which are already among the highest in the nation, thanks to the Newsom administration’s pledge to buy electricity from offshore wind turbines. State-commissioned consultants expect residents will have to pay up to $40 billion, but outside experts predict the actual cost will be multiple