David Friedberg

speaker
8,052 appearances 60 recordings 4 series first heard Apr 2024 last heard 21 Aug

David Friedberg’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 32 in all, peaking in Jan 2026 with 6.

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Amazing.
Well, here's the, let me give you the math.
So we consume in this country about 4 trillion kilowatt hours of electricity.
Average price is 18 cents a kilowatt hour.
So it's about, call it $750 billion of spend on electricity every year.
One third of that, 250 billion, is residential consumption.
Two thirds of that, 500 billion, is industrial and commercial consumption.
Theoretically, you could increase the price on industrial and commercial consumption by call it 50% and make all residential electricity in the United States free.
If you're a residential user, you get a cap of free electricity every month.
And if you use more than that cap, you get charged, but below that cap, you're free based on whatever, square footage of your house, I don't know, whatever.
And then on the commercial and industrial side,
the reason you would then have an incentive to build private power systems would be that you can bring your cost down.
And instead of centralizing all of this with the utilities, what it can do is it can force a market demand for industrial and commercial users to build their own power systems, which would increase overall electricity supply in the United States.
The data centers are the tip of the iceberg, but if you make this a pan-industrial problem, then all of the industrial companies would have to take this path.
You're talking about residentials?
Right, or they don't have to.
That's the point.
Like, if they end up... The industrial users will then invest in solar systems.
Yeah, well, here's...
If the industrial price goes up by 50%, you've now created a market force to drive them to make the investment.
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