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Great for you. People in Texas a couple of years ago were also on the spot market. Thought exercise: what happens to the price on the spot market when the majo
by rad_gruchalski 3y ago
Great for you. People in Texas a couple of years ago were also on the spot market.
Thought exercise: what happens to the price on the spot market when the major chunk of the population switches to the spot market?
- manmal 3y agoI just have shorter price intervals - hourly instead of quarterly. What do you think should come of that?
- rad_gruchalski 3y agoDepends how long the price is out of wack. How many alternatives do you have to switch to?
- manmal 3y agoThe contract has a two weeks notice period. So I could easily switch to a different provider, but I doubt that would change things long term - most providers also buy from the spot market. BTW this spot market plan would have been cheaper than my previous, regular plan when the energy price hikes hit last year.