How do Texas residents afford electricity during high-demand? - eviltoast

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

  • Thorny_Insight@lemm.ee
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    4 months ago

    No… First of all: electricity is never free to produce. Running a powerplant costs the same no matter what price the electricity is at. The price goes to zero when supply greatly overceeds demand. That means I’m not paying to the electric company for the electricity but I’m still paying for the company that maintains the grid to deliver that electricity to me. It doesn’t just magically hop from the powerplant to my house.