SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-21 month agoHow do Texas residents afford electricity during high-demand?message-squaremessage-square136fedilinkarrow-up1273arrow-down110file-text
arrow-up1263arrow-down1message-squareHow do Texas residents afford electricity during high-demand?SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-21 month agomessage-square136fedilinkfile-text
Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example
minus-squareAlecSadler@sh.itjust.workslinkfedilinkarrow-up2·1 month ago$0.058 / kWh here in rural Oregon, it’s pretty awesome.
$0.058 / kWh here in rural Oregon, it’s pretty awesome.
Now do the exchange rate.