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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[–] TexMexBazooka@lemm.ee 4 points 2 years ago

Because that’s what the electric company is paying, and if it stays high our contracts go up next year

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