Technology

59555 readers

3438 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

708

Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy (fortune.com)

submitted 6 months ago by pro_grammer@programming.dev to c/technology@lemmy.world

166 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] stankmut@lemmy.world 99 points 6 months ago (1 children)

They did change one thing. You used to be able to get electricity at wholesale prices from certain providers. When the rates went crazy during the 2021 storm and people's crazy bills for turning on the lamp blew up on the news, they shut down that option.

These rate surges do hurt customers, but now it's in the form of rate increases when their contract expires.

[–] PrincessLeiasCat@sh.itjust.works 16 points 6 months ago

Thank you for the clarification.