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> I'd perfer straight up price controls EU is a good case study. Countries which abandoned price controls but instead have a single (usually state owned) comp
by ffgjgf1 3y ago
> I'd perfer straight up price controls
EU is a good case study. Countries which abandoned price controls but instead have a single (usually state owned) company which controls the grid and a bunch of companies which sell power to consumers (effectively renting the grid) tend to have lower prices than those that didn’t.
e.g. I can get a plan which is:
Wholesale hourly market price + €0.08 fee to the grid company + €0.02 to the power company.
- cool_dude85 3y agoNo offense but in what world would a residential customer want exposure to wholesale electric market fluctuations. Like what's the appeal.
- ffgjgf1 3y agoHaving an EV would be the main reason, I assume. Wholesale prices are often close to zero or even negative on some nights or on very sunny days during weekends. It might also be worth if you have some heating/cooling system and stuff like that. If your usage patterns are closer to the average you probably won’t save more than 2-3 cents per kWh but taken on significant risk so it’s probably not worth it.