Post
Topic
Board Mining speculation
Re: Texas Storm to affect electricity prices?
by
betajuice
on 25/02/2021, 21:00:51 UTC
Corrected my disremembering price but still some folks saw a massive increase. One link about it from AP is here
From that link
Quote
Among them is Susan Hosford of Denison, Texas. On a typical February day, she pays Griddy less than $2.50 for power. But the one-day cost spiked to hundreds of dollars after the storm. In all, she was automatically charged $1,346.17 for the first two weeks of February

Still looking for where I got the $9k/MWh from as it still is ringing a loud bell...

yes the wholesale cost went to $9 / kWh for a couple times. My question is regarding any policiy change or perhaps additional riders to the delivery costs to recoup from losses.