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Turns out this weeks ridiculous energy prices in Texas are due to government set prices

Posted on 2/20/21 at 7:06 pm
Posted by thadcastle
Member since Dec 2019
2610 posts
Posted on 2/20/21 at 7:06 pm
quote:

Griddy seeks relief from ERCOT for customers exposed to non-market pricing On Monday evening, the PUCT implemented a non-market pricing mechanism for electricity mandating prices reaching as high as hundreds of times normal prices. Griddy’s customers, which pay pass-through wholesale electricity prices, were immediately negatively impacted by the non-market pricing and have incurred bills that they will need more time to pay. On Tuesday, Griddy began engaging with ERCOT and the PUCT seeking customer relief. Griddy is continuing these efforts and is committed to crediting customers for any relief received, dollar-for-dollar. As soon as the PUCT reversed its Monday non-market pricing mechanism today, wholesale prices in ERCOT went negative and our customers were paid to be on the Griddy platform.


Received this email yesterday so my bill is higher than planned because once again government over steps. I’m fine with paying that higher price when it is set by the market but I am not ok with paying higher prices because they set a price
This post was edited on 2/20/21 at 7:08 pm
Posted by Sterling Archer
Austin
Member since Aug 2012
7293 posts
Posted on 2/20/21 at 7:10 pm to
How much higher is your bill?
Posted by billjamin
Houston
Member since Jun 2019
12391 posts
Posted on 2/20/21 at 7:11 pm to
If I read the order correctly, it set the minimum price per MWh over the emissions and pollutions standards at $1500/MWh. Which is insanity, but doesn’t really mean much when the wholesale rate was hitting $8000/MWh.

This is assuming we’re talking about the assholey DOE order.
This post was edited on 2/20/21 at 7:13 pm
Posted by thadcastle
Member since Dec 2019
2610 posts
Posted on 2/20/21 at 7:13 pm to
quote:

How much higher is your bill?

$300 so not bad and I was perfectly fine paying that because I knew what I signing up for. After learning it was government set pricing causing me to pay more I am a little ticked about it
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118934 posts
Posted on 2/20/21 at 7:16 pm to
"I'm from the government and I'm here to help".
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38652 posts
Posted on 2/20/21 at 7:49 pm to
quote:

once again government over steps.


A Republican government to be clear.
Posted by gizmothepug
Louisiana
Member since Apr 2015
6388 posts
Posted on 2/20/21 at 7:55 pm to
quote:

A Republican government to be clear.


Better than being a dead nursing home resident in New York.
Posted by Concernednewguy7
Texas
Member since Dec 2020
1073 posts
Posted on 2/20/21 at 8:21 pm to
Bump
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38652 posts
Posted on 2/20/21 at 8:30 pm to
quote:

Better than being a dead nursing home resident in New York.


Fake news
Posted by gizmothepug
Louisiana
Member since Apr 2015
6388 posts
Posted on 2/20/21 at 8:35 pm to
quote:

Fake news


Ok LAZY, you and that alter go back to sipping beer on the food board.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59599 posts
Posted on 2/20/21 at 8:40 pm to
People didn't die? You think sandy hook was fake too?
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38652 posts
Posted on 2/20/21 at 8:40 pm to
quote:

go back to sipping beer on the food board.


I think they've all passed out over there and I'm bored.
Posted by CaptainBrannigan
Good Ole Rocky Top Tennessee
Member since Jan 2010
21644 posts
Posted on 2/20/21 at 8:41 pm to
Market prices for power? What the fuxk are you talking about? Power is a damn monopoly is most southern states.

You idiots sure do love blaming the government. Years of brainwashing has really taken its toll.
Posted by barbapapa
Member since Mar 2018
3191 posts
Posted on 2/20/21 at 8:43 pm to
not how it works in Texas
Posted by sabanisarustedspoke
Member since Jan 2007
4947 posts
Posted on 2/20/21 at 8:44 pm to
Not from Texas are you Hawking?
Posted by Centinel
Idaho
Member since Sep 2016
43319 posts
Posted on 2/20/21 at 8:48 pm to
quote:

Fake news


The FBI doesn't seem to think so.

Posted by DallasTiger
THE Capital City
Member since Jan 2004
4223 posts
Posted on 2/20/21 at 8:48 pm to
You should get out more. And maybe go back in time to Austin in 1999.
Posted by Centinel
Idaho
Member since Sep 2016
43319 posts
Posted on 2/20/21 at 8:49 pm to
quote:

Market prices for power? What the fuxk are you talking about? Power is a damn monopoly is most southern states.


Once again Comrade Brannigan puts his stupidity on display for all to see.

Posted by Capt ST
Hotel California
Member since Aug 2011
12806 posts
Posted on 2/20/21 at 8:52 pm to
It wasn’t the Republicans that insisted on these pollution thresholds for peak plants.
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38652 posts
Posted on 2/20/21 at 8:57 pm to
quote:

The FBI doesn't seem to think so.


That's about the delay in releasing data concerning retirement home deaths. Not Cuomo's directive to send Covid patients back to retirement homes. A directive that clearly stated the homes should not take in covid patients if they could not care for them safely.

quote:

It wasn’t the Republicans that insisted on these pollution thresholds for peak plants.





What are you babbling about?
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