3 ms·
We usually pay 15-20p
by mjburgess 5y ago
We usually pay 15-20p
- jeffbee 5y agoI get that it's more, but I clicked through to read the article expecting something insane like the $9/kWh rates in Texas earlier this year.
- post_break 5y agoTexan here, that's the wholesale rate. Only people on wholesale plans (now banned I believe) would have paid that. I paid 9c per kWh during the whole ordeal while wholesale pegged at $9 per kWh. My price is fixed at 8.9c per kWh for 2 years.
- jeffbee 5y agoSure, consumers are normally shielded from the wholesale market by regulation or contract (although not necessarily in Texas, as some learned), but I'm pretty sure the graph posted by the GP is the day-ahead wholesale market for some jurisdiction.