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re: Texans facing up to 10k electric bill
Posted on 2/20/21 at 8:40 am to WestCoastAg
Posted on 2/20/21 at 8:40 am to WestCoastAg
Anyone that says price gouging is a good thing should have no problem with this.
Posted on 2/20/21 at 10:58 am to NYNolaguy1
quote:
Anyone that says price gouging is a good thing should have no problem with this.
I wish someone could explain explain to me what “price gouging” is. The customers of this particular utility company choose to pay for their electricity based on market pricing instead of locking in a contract rate in hope of paying a lower rate, but unfortunately forces on supply, and demand increased price.
Posted on 2/20/21 at 11:00 am to NYNolaguy1
quote:
Anyone that says price gouging is a good thing should have no problem with this.
I've never heard anyone say price gouging is a good thing.
Either way, this is not price gouging. But it is the reason people in Texas lost power.
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