Surge pricing is great within limits (mostly monetary), to help with keeping an actual network effective. If regulations are set correctly (max surge price fact

Surge pricing is great within limits (mostly monetary), to help with keeping an actual network effective. If regulations are set correctly (max surge price factor, max highprice interval in a pre-set time interval,...), and surge-pricing-aware devices are available (eg. water heaters that turn off at higher price, and turn back on at lower). Going from a couple of cents to $9 per kWh, for extended time periods, without users actually having an alternative is well... pretty shitty.