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gh0stwriter88 t1_j74y691 wrote

Yeah but their power costs 2.5-5x more than mine here in the eastern US.... I wouldn't exactly call that a success.... on the upside my power is that much cheaper than thiers so yay!

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Thomas_JCG t1_j756k3q wrote

Except their prices are going down and they actually have power at all times, unlike a certain state.

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gh0stwriter88 t1_j756q02 wrote

Not sure where you mean CA? I'm not aware of anywhere else in the Us that is famous for rolling blackouts? Thier power is pretty high there also.

I mean a few cents of of 50cent per kw.... is no different than saying a few cents off $4 gas is falling prices... its objectively true, but it still doesn't mean the prices are equitable.

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lober t1_j75ckim wrote

I think he means Texas? Where they had major blackouts and Cancun Cruz took off. Then residents saw power bills of 10s of thousands of dollars due to surge pricing or something.

I dunno. Don’t live in either state.

Edit for a quick source. Plenty of other news sites to check also with google (I used DuckDuckGo)

https://www.foxnews.com/us/texas-resident-nearly-17000-dollar-power-bill-winter-storm

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ProtoplanetaryNebula t1_j75vijz wrote

Wholesale prices are now less than 1/6th what they were at peak in Europe. Those prices haven’t all filtered through yet, but they will. The high prices were due to all countries having to panic buy at the same time last year. Standard supply/demand economics.

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