I would never live in Texas but if I did I would have like 20kW of batteries on the wall of my McMansion's garage and a generator, they would pay for themselves within a couple years of this bullshit
the inevitable end for those with the wealth to survive the mortgaging of our utilities. you will have to have water treatment too because the water from your municipality or well will not be safe
That is the solution most people go for. Rather than get mad and demand power be a public utility, rugged individualism prevails, everyone who can buys a generator, and the poor get shamed for being idiots for not buying one and deserving to suffer for their mistake. I'm still a bit bitter arguing with people that the government should do basic infrastructure spending on the power grid and being told instead everyone should only look out for themselves. I'm glad I moved out.
all those guns to protect themselves from "criminals" and they're too -brained to realize that the real criminals robbing them are at the power company
right? like a texan chud is ready to shoot somebody for driving too slow, but when a company is forcing them to pay absurd costs or sweat their balls off...
if someone were so authoritarian that they'd disrupt the free market in this way, President Biden would simply have no choice but to impose tariffs on them to protect American business from such dangerous foreign technology
I love free market basic utilities because of the informed choice you have as a consumer to choose to use it when you hear about price changes before you're charged
I hate it here. Texas is a hellhole. There are zero redeeming qualities about living in this state. It's too hot, the environment is ugly and barren, every city is a concrete jungle, flat and full of parking lots and nothing else.
If my power goes out at the peak of the heat, I guess I'm killing an ercot exec?
every city is a concrete jungle, flat and full of parking lots and nothing else
I visited Dallas once. Stayed in a hotel for a weekend-long event. Wanted to go get food. "Hey, I can see stuff right across the street, let's walk." The street is a fucking massive highway with no crossings unless you walk like a mile in either direction to get to an intersection and then a mile back to get to the food. Repeat to get back to the hotel.
Having power go out during peak summer never used to happen. Texas sucks ass, but genuinely we produce enough energy that we often sell it to the other energy grids from what I understand. We shouldn’t really have any brown/blackouts at all other than the freezes.
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?
it's wholesale costs, not costs of production, there's at least one more layer of middlemen in there before the consumer gets anything. Avg residential rate is 14.3 cents/kWh (but businesses only pay 8.7)