4 ms·

$0.05 to $0.10/kWh seems like normal pricing. Average US house uses ~1100-1200 kWh (I don't actually know this, based on googling, assuming most places in Texa

by ev1 6y ago

$0.05 to $0.10/kWh seems like normal pricing. Average US house uses ~1100-1200 kWh (I don't actually know this, based on googling, assuming most places in Texas are standalone houses) per month. If prices are $3000-9000 per MW, then ~40 to 60 kWh/day (let's be generous, people are explicitly turning on heat for this extreme cold) for a week... Even $2/kWh (which was exceeded days ago) would demolish peoples' budgets.

maxerickson 6y ago
I think most people are on fixed prices though. The supplier gets a big mark up over the wholesale cost and then is expected to have a plan to deal with situations like this.
- rstupek 6y ago
  Griddy is a different provider which gives you grid prices for power
  - maxerickson 6y ago
    Yeah, this is the answer to slater's question, that some people have signed up for exposure to wholesale prices.
    - ev1 6y ago
      griddy's twitter is full of people angrily demanding refunds because "i signed up for cheaper rates and it's been cheaper til now why am i paying higher rates??? this is a scammer"
phonebanshee 6y ago
Those prices are far below normal prices. Normal is 28-50 cents in places like San Diego (https://www.sandiegouniontribune.com/business/energy-green/story/2020-04-16/cpuc-vote-on-removing-seasonal-residential-tiered-rates https://www.sandiegouniontribune.com/business/energy-green/s...).
- shiftpgdn 6y ago
  In Texas griddy exposes you to real time spot pricing. I was frequently getting paid to use electricity at night due to excess generation by wind. As an electric car owner this was fantastic as I frequently got paid to recharge my car. My average delivered rate before this week was 7c/kwh all in.
  - tzs 6y ago
    Does anyone there get a battery system, like a Tesla Powerwall, to save up negative priced night electricity to use in the daytime?
    - rstupek 6y ago
      It doesn't happen enough that I've seen to make it worthwhile
      - deleted 6y ago
        [deleted]
    - manyes 6y ago
      Of course, during these cold snaps, the battery doesn't really work well, right?
      - tzs 6y ago
        Powerwalls have an operating temperature range of -4 F to 122 F (-20 C to 50 C), although they recommend 32-86 F (0-30 C). They can also be mounted indoors.
- maxerickson 6y ago
  My power comes from, I believe, a nuclear plant in Wisconsin. $0.098 per kW-h, with $15 a month connection fee.
  - 6y ago

by ev1 6y ago

maxerickson 6y ago

I think most people are on fixed prices though. The supplier gets a big mark up over the wholesale cost and then is expected to have a plan to deal with situations like this.

rstupek 6y ago
Griddy is a different provider which gives you grid prices for power
- maxerickson 6y ago
  Yeah, this is the answer to slater's question, that some people have signed up for exposure to wholesale prices.
  - ev1 6y ago
    griddy's twitter is full of people angrily demanding refunds because "i signed up for cheaper rates and it's been cheaper til now why am i paying higher rates??? this is a scammer"

phonebanshee 6y ago

Those prices are far below normal prices. Normal is 28-50 cents in places like San Diego (https://www.sandiegouniontribune.com/business/energy-green/story/2020-04-16/cpuc-vote-on-removing-seasonal-residential-tiered-rates https://www.sandiegouniontribune.com/business/energy-green/s...).

shiftpgdn 6y ago
In Texas griddy exposes you to real time spot pricing. I was frequently getting paid to use electricity at night due to excess generation by wind. As an electric car owner this was fantastic as I frequently got paid to recharge my car. My average delivered rate before this week was 7c/kwh all in.
- tzs 6y ago
  Does anyone there get a battery system, like a Tesla Powerwall, to save up negative priced night electricity to use in the daytime?
  - rstupek 6y ago
    It doesn't happen enough that I've seen to make it worthwhile
    - deleted 6y ago
      [deleted]
  - manyes 6y ago
    Of course, during these cold snaps, the battery doesn't really work well, right?
    - tzs 6y ago
      Powerwalls have an operating temperature range of -4 F to 122 F (-20 C to 50 C), although they recommend 32-86 F (0-30 C). They can also be mounted indoors.
maxerickson 6y ago
My power comes from, I believe, a nuclear plant in Wisconsin. $0.098 per kW-h, with $15 a month connection fee.
- 6y ago