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

  • @[email protected]
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    fedilink
    110 months ago

    Those are the wholesale prices to the utility company itself from the grid operators, not the prices to end users from the utility company. End users pay a flat amount per kWh that does not change by demand.

    • @[email protected]
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      fedilink
      410 months ago

      Most of us do. A few people do sign up for variable rate plans, and they did get astronomical bills during the snowpocalypse. IIRC they didn’t get any aid or anything, it was a small enough number of people that they just got hung out to dry.