On Wed, Feb 17, 2021 at 10:46 AM John Sage <js...@finchhaven.com> wrote: > This article is an interest description of Texas electricity pricing for > one provider and for the market in general: > https://www.dallasnews.com/business/energy/2021/02/16/electricity-retailer-griddys-unusual-plea-to-texas-customers-leave-now-before-you-get-a-big-bill/
That is far from the market in general. Most people use a fixed rate plan (can easily find one without rebate for <10c/kwh after taxes & fees). The customer would have to make an explicit decision to pick a variable/market rate plan (excluded by default on http://powertochoose.org/) with higher risk and cheaper electricity when the wholesale price is low. http://www.puc.texas.gov/consumer/facts/factsheets/elecfacts/Electricplans.pdf >Changing Rate (Variable) Plans have rates per kWh that can vary according to a >method determined solely by the provider and may be dependent on market >changes and other exceptions beyond the provider's control >Market Rate (Indexed) Plans have rates per kWh that can vary according to >pre-defined publicly available indices or information and other exceptions >beyond the provider's control > The highest the price can go to is $9/kWh (which has only ever happened > 0.005% of the time.) Most of the time though, 96.9% to be exact, it is below > the Texas Average of 6.8ยข/kWh https://www.griddy.com/texas/learn-more#learn-pricing
