3 ms·
Wasn’t the big deal from the last ERCOT incident that lots of people in TX actually pay the spot price not fixed-rate contracts?
by theptip 3y ago
Wasn’t the big deal from the last ERCOT incident that lots of people in TX actually pay the spot price not fixed-rate contracts?
- vel0city 3y agoYears ago some people did. A very small chunk of the market did. Those kinds of plans aren't commonly offered anymore, I think some regulations changed in offering them to residential customers. Even then it was a tiny fraction of people on those plans. Practically everyone is on some kind of fixed rate or time of use that switches between a few different contracted rates.
- deleted 3y ago[deleted]