this post was submitted on 11 Aug 2024
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Mildly Interesting

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It's still not earning you money to spend electricity because you still have to pay the transfer fee which is around 6 cents / kWh but it's pretty damn cheap nevertheless, mostly because of the excess in wind energy.

Last winter because of a mistake it dropped down to negative 50 cents / kWh for few hours, averaging negative 20 cents for the entire day. People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.

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[–] [email protected] 20 points 3 months ago

In the case of PG&E, they have to pay for killing a bunch of people and burning down some towns, so they're passing the expenses onto everyone else. Privatize the gains and socialize the losses baybeee. Gotta love state sanctioned monopolies.