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No Stupid Questions@lemmy.world · 6 months ago

How do Texas residents afford electricity during high-demand?

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How do Texas residents afford electricity during high-demand?

SnausagesinaBlanket@lemmy.world to

No Stupid Questions@lemmy.world · 6 months ago

Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example

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6 months ago
Power companies average things out.

Now some customers specifically ask to pay the instantaneous price, and those people just turn things off. This has the advantage that you end up paying less during times if low demand.

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