The opponents of California’s ballot Proposition 7 (read full text of Prop 7) claim it will “cost consumers and taxpayers hundreds of millions per year in higher electric rates - a $300 increase per household per year.”  It is hard to get access to the calculations behind these estimates, so we have attempted to come up [...]

There is nothing wrong with encouraging clean, renewable, domestically produced energy.  But California’s proposition 7 “would, if approved, require California utilities to procure half of their power from renewable resources by 2025″ (ref. Ballotpedia).  Currently California’s public utilities are mandated to generate 25% of their electricity by 2025, and this is an ambitious goal.  Just [...]