Well, let’s inject some facts here.
Inconvenient as they may be.
1.) Not everybody is getting huge bills.
“The surge in pricing is hitting people who have chosen to pay wholesale prices for their power, which is typically cheaper than paying fixed rates during good weather, but can spike when there’s high demand for electricity. Many of those who have reported receiving large bills are customers of electricity provider Griddy, which only operates in Texas.”
So, it seems these folks put themselves in this situation by being cheap-assed MFs. In the first place.
"WHAT ARE WHOLESALE ELECTRICITY PRICES?
Wholesale electricity prices fluctuate based on demand. Because natural gas pipelines and wind turbines froze up in Texas, there was less power available, but high demand for electricity, causing wholesale prices to shoot up, said Joshua Rhodes, an energy research associate at the University of Texas.
Wholesale prices are typically as low as a couple of cents per kilowatt-hour but spiked to $9 per kilowatt-hour after the storm. Fixed rate customers pay a set amount that doesn’t rise as much. Typically, they pay around 12 cents per kilowatt-hour. But Rhodes said fixed rate customers could see their price rise by a few cents later this year as companies hit by the icy conditions look to recoup their costs — but their bills won’t be in the thousands.
People are able to pay wholesale prices in Texas because it’s one of the only states that lets people pick which company it buys power from, Rhodes said."
“Rhodes said bailing out customers may be a hard sell since they opted to pay wholesale prices and may have paid a much lower price than others for some time.”
They didn’t get screwed…they made a choice to be cheap and got caught.
Wonder how much they saved over how long? Wonder what the differential really is. It is probably like a delayed bill, depending on how long they have been paying wholesale plus the 10 dollar access fee.
We have homeless people building bonfires in underpasses. And, it’s not even cold, anymore. We were mid 80’s (near 30C to you sciency types) much of last week.
I was once given authorization to raid an entire energy trading floor right after ENRON. The company was in Cincinnati, I won’t name it but if your Google Fu is strong you can probably divine the details, given your hunter’s knack.
Bullshido is loaded with selfies of you and your kids. Wasn’t that all about you? Give me a break.
I get that you’re better equipped for the average Polar Vortex than most, but aren’t you coming across as a little unsympathetic right now? Some people in Texas still can’t access fresh water, let alone high amperage current.