Your Electric Bill at Work

How Pacific Gas and Electric is giving clean tech a jolt.

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.


Behold the chicken-and-egg problem of renewable- energy technology: Not enough people build it because it’s expensive, yet it’s expensive because not enough people build it. Enter California’s old-school utility, Pacific Gas and Electric, which may have discovered a way to give clean tech a push. In April, PG&E agreed to pay approximately $1.5 billion to BrightSource Energy, which will build a cutting-edge solar plant to power more than 175,000 homes. The deal came with an unusual condition: PG&E will earn royalties on the company’s future sales. The utility is betting that by shelling out for the plant, it’s helping BrightSource reduce production costs and become a dominant force in the commercial solar energy market. The arrangement, in essence, turns the utility into a venture capitalist. If BrightSource pays off, says Hal LaFlash, PG&E’s director of clean technology policy, it’s a win for consumers too: “That revenue would offset future [electricity] rates.” In January, a major French electric utility announced a similar deal with solar manufacturer Nanosolar. If other power companies follow suit, the leading lights of green investing could be…your lights.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate