SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-26 months agoHow do Texas residents afford electricity during high-demand?message-squaremessage-square122fedilinkarrow-up1222arrow-down16file-text
arrow-up1216arrow-down1message-squareHow do Texas residents afford electricity during high-demand?SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-26 months agomessage-square122fedilinkfile-text
Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example
minus-squareAlecSadler@sh.itjust.workslinkfedilinkarrow-up2·6 months 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.