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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[–] z00s@lemmy.world 1 point 2 years ago (1 child)

So it costs you more when it costs more to produce, but when it's free to produce it still costs you money.

Love corporations

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[–] Thorny_Insight@lemm.ee 3 points 2 years ago

No.. First of all: electricity is never free to produce. Running a powerplant costs the same no matter what price the electricity is at. The price goes to zero when supply greatly overceeds demand. That means I'm not paying to the electric company for the electricity but I'm still paying for the company that maintains the grid to deliver that electricity to me. It doesn't just magically hop from the powerplant to my house.

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