It balances out for all those hours in the year where prices go negative and all those hours where it's not $50/kWh. Plus, youre talking spot markets, not day

It balances out for all those hours in the year where prices go negative and all those hours where it's not $50/kWh. Plus, youre talking spot markets, not day ahead. Most electricity is sold in the day ahead markets, which isn't anywhere near those prices. But hey, continue suggesting people are actually paying $50/kWh without sharing any additional context. Being truly genuine, I see. I did the math based on my usage last month. I pay $0.06/kWh for electricity cost (not including delivery, just energy). Most of my usage is after those peak hours, as my car charges and pool pumps run and we do our laundry and dishwasher and what not over the evening or early morning. Even at that rate my REP probably made money off me, as they would have still been ahead assuming they were properly buying in the day ahead markets. And in the fall when rates often go negative they'll make a lot of my usage getting paid both ways on the transaction. What do you pay for electricity? Oh yeah, and my plan is 100% renewable purchase. What mix is yours?