this post was submitted on 18 Jun 2024
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[โ€“] skhayfa 46 points 6 months ago (5 children)

Though it won't show up as negative in the bill, not even a discount

[โ€“] efstajas 25 points 6 months ago* (last edited 6 months ago)

If you have a dynamic pricing contract of course you get a discount... If you don't, you chose not to in return for price stability ๐Ÿคท

Though yeah, last time prices went negative in Germany I was still paying 10ct/kWh in just taxes and fees. Would be pretty cool if they'd have paid me for using electricity during that time, but of course that's not how that works.

[โ€“] [email protected] 19 points 6 months ago* (last edited 6 months ago) (1 children)

Negative prices aren't necessarily a good thing because they tend to curb investments. A Reddit comment explains it well: https://www.reddit.com/r/worldnews/comments/1didv4q/comment/l938q2a/

Edit---I forgot the most important bit: Obviously that doesn't mean that we should invest less in renewables, but that we should invest in large-scale battery research like yesterday.

[โ€“] HereIAm 18 points 6 months ago* (last edited 6 months ago) (1 children)

Depends on where you live. With my tariff I get paid to use energy during negative price periods.

Edit: typo.

[โ€“] ASeriesOfPoorChoices 2 points 6 months ago (1 children)

*paid

rope gets payed out.

money gets paid.

[โ€“] HereIAm 3 points 6 months ago (1 children)
[โ€“] ASeriesOfPoorChoices 1 points 6 months ago
[โ€“] Shard 1 points 6 months ago

Thats because the majority of the cost is not in the direct cost of generation but in maintaining the grid. That's a fixed expense that does not fluctuate and there is no way generation costs will offset maintenance costs.

[โ€“] [email protected] 1 points 6 months ago