The one state that refuses to connect to the interstate power grid and has Uber-like surge pricing on electricity? Yeah, I’m sure this won’t result in regular people footing the bill for more billionaire profits.
We don’t really: that story you heard from a few years ago was the only company that billed like that. The customers made a bet that the pricing averages through the day (lower at night, higher cost during the day) would average out in their favor over fixed-cost billing, and frankly, it did right up until it didn’t.
They took a risk and got bit by, frankly, not understanding how the system works and basically ate the spikes.
Everyone else paid $0.09/kwh or so during that whole period, and the electric providers ate the cost because when you’re averaging out spikes across millions of kwh, it won’t lead to bankruptcy.
Texas pays 11 dollars per kilowatt hour. Far lower than left wing states and has a manufacturing base. The market grid bids down prices for the right to sell electricity. That is one major reason companies move to Texas. Louisiana and Oklahoma, and states may be cheaper, but they don’t have a manufacturing base.
Every Texan I know has a generator to deal with the unreliability of the grid, and there’s never been an article about someone in Iowa getting a surprise $100k electric bill…and the average wage in Texas is substantially lower than in “left wing” states like California or Washington…so not sure you’re making an apples-to-apples comparison, but time will be the judge, we can all check-in in a year and see how this plays out. Does Lemmy have a remind me! bot?
Texan here. I don’t have a generator. Blackouts basically haven’t been a thing in my area since like 15 years ago, so it really depends on location. Also my electric bill works the same way as it would in any other state; the problem is when people buy electricity at what you might call “market price”: most of the time it’s cheaper, but you get fucked over sooner or later. It’s kind of like that story about people’s AC being controlled by the power company. They signed up for a program that explicitly set your AC higher during high-demand periods and then surprise Pikachu faced when the company did what they said they would do.
That said, our grid is still definitely trash (as are many other things here) and I’m desperately trying to move. Basically the only thing we’ve got going for us is the food is amazing.
California pays 19 dollars per kilowatt hour. Texas grid is better. Not only does Texas consume the most electricity, they do it at lower prices, comparable to poor states like New Mexico. Bidenomics subsidizes green energy at loss in the Texas grid.
Washington has hydroelectric sources. 67 percent of its power is from hydro sources. Wind and solar are a tiny portion of its energy mix. Even nuclear power exceeds its wind and solar energy sources. Texas has proven it can scale energy sources the fastest. Texas has the most renewable energy in the US. It has the most solar and wind energy of any state. Washington isn’t a top manufacturing state. It can’t handle the demand load and Texas has the highest energy demand because it is a top manufacturing state. When you are dealing with energy intensive manufacturing, costs add up, go ask the Germans. The Texas grid is just better.
The one state that refuses to connect to the interstate power grid and has Uber-like surge pricing on electricity? Yeah, I’m sure this won’t result in regular people footing the bill for more billionaire profits.
Texas is a joke, but not a good one.
We don’t really: that story you heard from a few years ago was the only company that billed like that. The customers made a bet that the pricing averages through the day (lower at night, higher cost during the day) would average out in their favor over fixed-cost billing, and frankly, it did right up until it didn’t.
They took a risk and got bit by, frankly, not understanding how the system works and basically ate the spikes.
Everyone else paid $0.09/kwh or so during that whole period, and the electric providers ate the cost because when you’re averaging out spikes across millions of kwh, it won’t lead to bankruptcy.
Texas pays 11 dollars per kilowatt hour. Far lower than left wing states and has a manufacturing base. The market grid bids down prices for the right to sell electricity. That is one major reason companies move to Texas. Louisiana and Oklahoma, and states may be cheaper, but they don’t have a manufacturing base.
Every Texan I know has a generator to deal with the unreliability of the grid, and there’s never been an article about someone in Iowa getting a surprise $100k electric bill…and the average wage in Texas is substantially lower than in “left wing” states like California or Washington…so not sure you’re making an apples-to-apples comparison, but time will be the judge, we can all check-in in a year and see how this plays out. Does Lemmy have a remind me! bot?
Texan here. I don’t have a generator. Blackouts basically haven’t been a thing in my area since like 15 years ago, so it really depends on location. Also my electric bill works the same way as it would in any other state; the problem is when people buy electricity at what you might call “market price”: most of the time it’s cheaper, but you get fucked over sooner or later. It’s kind of like that story about people’s AC being controlled by the power company. They signed up for a program that explicitly set your AC higher during high-demand periods and then surprise Pikachu faced when the company did what they said they would do.
That said, our grid is still definitely trash (as are many other things here) and I’m desperately trying to move. Basically the only thing we’ve got going for us is the food is amazing.
California pays 19 dollars per kilowatt hour. Texas grid is better. Not only does Texas consume the most electricity, they do it at lower prices, comparable to poor states like New Mexico. Bidenomics subsidizes green energy at loss in the Texas grid.
No dummy, you’re missing a decimal point. California only pays 19 CENTS per kwh.
And if conservative Texas is so great how come they pay 20% more per kwh for electricity than deep blue Washington State?
Everything’s bigger in Texas, especially the idiots & excuses.
Washington has hydroelectric sources. 67 percent of its power is from hydro sources. Wind and solar are a tiny portion of its energy mix. Even nuclear power exceeds its wind and solar energy sources. Texas has proven it can scale energy sources the fastest. Texas has the most renewable energy in the US. It has the most solar and wind energy of any state. Washington isn’t a top manufacturing state. It can’t handle the demand load and Texas has the highest energy demand because it is a top manufacturing state. When you are dealing with energy intensive manufacturing, costs add up, go ask the Germans. The Texas grid is just better.