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And not just whether it goes down but it can save money. During summer peaks the cost of electricity to the utility on the open market can spike 10x or more.
by thinkcontext 3y ago
And not just whether it goes down but it can save money. During summer peaks the cost of electricity to the utility on the open market can spike 10x or more. Almost all utilities have regulated profit which allows them to recover (most) costs, so shaving those peaks ultimately saves ratepayers.