9 ms·
Are customers being asked to pay 20% more? 20 whole percent more?
by zero_deg_kevin 6y ago
Are customers being asked to pay 20% more? 20 whole percent more?
- cjbprime 6y agoIt would be interesting to see a plot of price vs. uptime in the face of unlikely events for electric grids, and which spot on the curve has been chosen here. There are definitely points on such curves, of course, where you've exhausted the sweet spot and just have the option of paying e.g. 3x as much for a very modest marginal decrease in risk. But that doesn't sound like the case here.
- zero_deg_kevin 6y agoI haven’t found a detailed comparison, but I learned today that El Paso, TX requires utility operators to winterize. Comparing El Paso to similar cities in Texas should provide a more definitive answer.
- Animats 6y ago20% is about what energy deregulation supposedly saved customers. Utilities regulated under rate-of-return regulation tended to overbuild and maintain large safety margins, because they could pass those costs along to the customer.
- takeda 6y agoFrom my observation, typically it's 20% more in profits rather than 20% cheaper service.