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The article talks about how the increased demand for electricity raises prices, and the costs are then passed on to consumers. For anyone looking for more data
by NickM 4y ago
The article talks about how the increased demand for electricity raises prices, and the costs are then passed on to consumers. For anyone looking for more data on this, this UC Berkeley study from a couple of years ago analyzed the situation in upstate NY:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3779720 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3779720
tl;dr: they found that the increased electricity rates costs households and small businesses in the area hundreds of millions of dollars per year.