Quote from: minero1 on September 05, 2011, 01:25:17 PM

What i DO know for sure is how much i pay for the electricity and how much it is per kWh (right?), in the power bill it says 0.1Bs (Venezuelan VEF) per kWh. The exchange rate is fixed by the govt to 4.30VEF per USD but there is the black market rate at 8.60VEF. i think my mistake was using the black market rate because i think it is the REAL/MARKET rate so 0.1/8.6=0.011, but with the govt rate that will be 0.023

Sounds like a great place to setup mining. I certainly wasn't talking about politics. I have no interest in it and live in Thailand myself so have no gripe with VZ. What I don't understand is why that article says this,

"Jaua told a news conference that residential customers will be charged an additional fee totaling 75 percent of their monthly bill if they do not reduce their electricity use by at least 10 percent as compared to the same month in 2009. The surcharge applied to individuals increases to 100 percent or more if the monthly consumption exceeds previous usage by 10 percent."

but you say they it won't affect residential customers. Even if you paid double it's still damn cheap.