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> Until they didn't. Until any money savings you may have gotten over the last decade was eaten up by what will be the cost of the burst pipes and flooding of y
by khuey 6y ago
> Until they didn't. Until any money savings you may have gotten over the last decade was eaten up by what will be the cost of the burst pipes and flooding of your house.
Yeah but that's going to be paid for property insurers or perhaps federal disaster relief funds. ERCOT successfully externalized the cost of coping with frigid temperatures, allowing them to provide power at lower prices.
- Olreich 6y agoExternalizing costs might be good for business, but it’s pretty clearly not good for customers here.
- kevingadd 6y agoIf this happens consistently enough, your insurance prices are going to go up. Disaster relief funds aren't unlimited either, and you can experience significant delays when the time comes to go ask for them to pay out.