SnausagesinaBlanket@lemmy.world to

No Stupid Questions@lemmy.world · 5 months ago

How do Texas residents afford electricity during high-demand?

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How do Texas residents afford electricity during high-demand?

SnausagesinaBlanket@lemmy.world to

No Stupid Questions@lemmy.world · 5 months ago

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

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Thorny_Insight@lemm.ee
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5 months ago
No, the prices are decided about 24 hours in advance and they don’t change after that.
- GreyEyedGhost@lemmy.ca
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  5 months ago
  Seems like a pretty sane way to handle market pressures, rather than, “I hope nothing terrible happens and my bill is suddenly thousands of dollars.”

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