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Even with a cap, it feels like it would just take one freak occurrence (power plant/transformer/blizzard) meltdown to erase any potential savings from subscribi
by 0cf8612b2e1e 3y ago
Even with a cap, it feels like it would just take one freak occurrence (power plant/transformer/blizzard) meltdown to erase any potential savings from subscribing to dynamic pricing.
- zdragnar 3y agoNah, just switch over to a generator for your bare essential needs and hunker down for a bit. You can't go into a dynamic environment and only plan for upsides.
- jltsiren 3y agoFixed pricing is basically dynamic pricing + insurance. In the expected case, you pay more over any period of time if you take the insurance. If you can afford the risks, going without insurance tends to be cheaper.
- everybodyknows 3y agoIn California TOU plans, there are caps on all three of: 1. Price per kWh - $1 last I checked 2. Hours per day at max price - ~9 3. Days per year max price charged - ~10 Even in the worst case, not too scary.
- 0cf8612b2e1e 3y agoWith the horror stories in Texas, I was assuming significantly worse caps. Regardless, I have very little consumption I can time shift to off-peak hours (laundry? dishwasher?), so dynamic pricing would unlikely ever work out for me.