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Dollar_Bills t1_je1v9zu wrote

Costs to consumers have gone up by double and they're doing it with free fuel and a quarter of the workforce.

Regulators are great and they care about us.


gurenkagurenda t1_je376xl wrote

To find a point where nominal electricity prices were half their current price, you have to go back to the year 2000. Adjusted for inflation, those year 2000 prices were about 14% lower than today's prices. If you want to go all the way back to 1980 and adjust for inflation, the price was almost exactly what it is today.

So no, they absolutely haven't.


trogdor1234 t1_je3e6d2 wrote

The other commenter is a little bit on to something but they don’t really know what it is. Transmission investment has increased to handle all the renewables and so 100% of the benefits of going fuel free aren’t showing up in the bills.


Dollar_Bills t1_je38jr9 wrote

Sorry I exaggerated, but if you cut out the fuel prices and employees required to run traditional power sources, it's probably about double what it should be costing us.

They used to say, "solar will only make sense if we can get the efficiency to 7%" and we are currently doubling that or better. Every component is cheaper than it was in 2000, too.

If you want to milk the balls of the oligarchy, you can. I won't stop you.

So yes, they absolutely have doubled.


gurenkagurenda t1_je3jeck wrote

How are you going to start a comment by admitting that you exaggerated, and then reassert the conclusively false thing that you claimed?

And no, you didn't just exaggerate. There literally isn't a trend. Electricity prices have risen and fallen over the years, and it's at a fairly middling point right now.


Dollar_Bills t1_je4bdx7 wrote

Cheaper, cleaner, less labor intensive=higher bills to consumer. There's no trend at all, got it.

You're possibly a regulator, a dolt, or both. If you work for a power company, I'd argue both


gurenkagurenda t1_je4uofw wrote

The bills to the consumer, adjusted for inflation, aren’t higher. You’re literally just looking at the effects of across the board inflation and saying “look at how much more expensive it got!”


Dollar_Bills t1_je5090m wrote

You're literally ignoring the costs to produce energy going down every year. The cost to produce energy with a free fuel is pretty cheap, if you didn't know that. From an article "Berkeley Labs reports a nationwide average levelized PPP of $24 per MWh in 2019, or 2.4 cents per kWh. This represented a decrease of 17% over the year before (2018) and a 80% decline since 2010. "

So yeah, at least double what it should cost us and we are being charged more than ever for cheaper power.

Look at how much you love protecting regulators and big business!


gurenkagurenda t1_je50jp7 wrote

Ladies and gentlemen, witness the wonder of the amazing moving goalpost! Watch in awe as it skips across the stage! How does it do it? What arcane forces have animated this humble object?


erosram t1_je2tag5 wrote

Token disillusioned comment that resonates with the median Redditor.