David Friedberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, we got a lot of water.
It just goes around in a circle.
It just goes around in a circle.
So I don't think that's an issue.
So I don't think that's an issue.
Amazing.
Amazing.
Well, here's the, let me give you the math.
Well, here's the, let me give you the math.
So we consume in this country about 4 trillion kilowatt hours of electricity.
So we consume in this country about 4 trillion kilowatt hours of electricity.
Average price is 18 cents a kilowatt hour.
Average price is 18 cents a kilowatt hour.
So it's about, call it $750 billion of spend on electricity every year.
So it's about, call it $750 billion of spend on electricity every year.
One third of that, 250 billion, is residential consumption.
One third of that, 250 billion, is residential consumption.
Two thirds of that, 500 billion, is industrial and commercial 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.