this post was submitted on 12 Jul 2024

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No Stupid Questions

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How do Texas residents afford electricity during high-demand? (lemmy.world)

submitted 2 years ago* by snausagesinablanket@lemmy.world to c/nostupidquestions@lemmy.world

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

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[–] AlecSadler@sh.itjust.works 1 point 2 years ago (1 child)

I presume he couldn't pay it? What happens after that? Do you get blacklisted from power companies?

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[–] Burn_The_Right@lemmy.world 5 points 2 years ago

You get tossed to collections and your credit is ruined. It makes it very hard to rent, finance anything or get certain jobs.

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