lmao lmao.

Reminder that Texas is a separate grid, which is deregulated and financialized, according to neoliberal ideals of efficiency.

  • OgdenTO [he/him]@hexbear.net
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    7 months ago

    The cost being measured in MWh - does that mean that this is the production cost, and that the KWh rate that people are paying is even higher?

    This is $.688 per KWh, which is high, but like only about 4 times the cost of my regular priced electricity in my region.

    Does this jumping 1600% mean that normally electricity is less than $.04 per KWh. That is incredibly low! There’s no way that what people pay for electricity in Texas. This must be production costs, right?