this post was submitted on 19 May 2024
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And yet prices still surged 1600%
The higher the percentage, the greater the incentive.
why would you think that any of this effects prices?
It should reduce the costs, but Texas is so fucked....
You are free… to pay as much as you possibly can for electricity.
why? what mechanism forces them to lower prices? the same that keep corporate profits at record highs year after year? we recently saw just how silly the idea of competition making anything cheaper is when every, even tho, there was no reason for doing so, started upping the prices of groceries, because they could.