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It's only cheap when they aren't in one of the many inclement weather events that happens during the year - Customers have had rates as high as $2.50/KWh[0] amo
by free_bip 3y ago
It's only cheap when they aren't in one of the many inclement weather events that happens during the year - Customers have had rates as high as $2.50/KWh[0] among other disastrous consequences, which is completely unconsciable and a result of the deregulated nature of their grid.
0: https://www.cbsnews.com/news/ercot-prices-texas-heat-wave-electricity/ https://www.cbsnews.com/news/ercot-prices-texas-heat-wave-el...
- infecto 3y agoYou are just wrong. Why do people like yourself use the word deregulated like you actually know how the Texas market works? Customers have not had rates that high for years and even then, it was because they opted into a real time rate plan which meant the rest of the time they were paying very low amounts. Those plans were outlawed in the deregulated Texas energy market. I guess that’s a form of regulation. Now a days, like the article you linked, that references the wholesale market not the retail market.