chaosmarine92@reddthat.comtoNo Stupid Questions@lemmy.world•How do Texas residents afford electricity during high-demand?
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4 months agoAre the predicted prices ever crazy far off from what they actually end up being like what happened in Texas last winter? Where am outage causes price to go from like 20c/khw to 2000c/khw over a one hour period?
In addition to what has been said already, in many places the cost to upgrade the electrical service to the building to handle the amount of power that could be generated can be as much or more than all the other costs combined. So now the building operators are looking at millions in cost with a potentially 30 year payback period. It just doesn’t make sense at that point.