SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-22 months agoHow do Texas residents afford electricity during high-demand?message-squaremessage-square136fedilinkarrow-up1272arrow-down110file-text
arrow-up1262arrow-down1message-squareHow do Texas residents afford electricity during high-demand?SnausagesinaBlanket@lemmy.world to No Stupid Questions@lemmy.world · edit-22 months agomessage-square136fedilinkfile-text
Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example
minus-squareTexMexBazooka@lemm.eelinkfedilinkarrow-up3·2 months agoBecause that’s what the electric company is paying, and if it stays high our contracts go up next year
Because that’s what the electric company is paying, and if it stays high our contracts go up next year