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-squarenothackinglinkfedilinkarrow-up5arrow-down1·1 month agoPower companies average things out. Now some customers specifically ask to pay the instantaneous price, and those people just turn things off. This has the advantage that you end up paying less during times if low demand.
Power companies average things out.
Now some customers specifically ask to pay the instantaneous price, and those people just turn things off. This has the advantage that you end up paying less during times if low demand.