2 ms·
It would be interesting (better?) if it was a market in which homes with these thermostats could set prices at which they are willing to reduce energy use.
by mhb 3y ago
It would be interesting (better?) if it was a market in which homes with these thermostats could set prices at which they are willing to reduce energy use.
- nocoiner 3y ago100% agree. Actually, 99% agree. In Texas, up until one of our recent power debacles, there was a retail energy provider whose schtick was passing through spot rates to retail customers. Normally this was a small fraction (30%) of typical retail pricing. Until the grid went under stress, spot prices skyrocketed, and retail customers who opted into that limited-upside potentially-unlimited-downside plan were paying something like 10,000% of typical pricing. To quote a former Texas governor who forgot which cabinet agencies he wanted to eliminate, “Oops.” I’m not sure how something like that could happen with what you suggest, but I’m a little wary of unanticipated consequences so as to degrade my degree of confidence slightly given recent events.