Jevon's paradox isn't really a paradox, its just a description of differing results for differently shaped demand curves. If you have a relatively flat demand

Jevon's paradox isn't really a paradox, its just a description of differing results for differently shaped demand curves. If you have a relatively flat demand curve, then a small shift in price yields a lot change in quantity demanded. I think price has gone down far enough that the shape of the demand curve has steepened. As consumers, there just isn't much we can do with a lot of extra electricity, so even if the price drops a lot, we're not going to consume that much more.