So I'm not trying to be a dick here but It specifically says in your energy contract if you follow the market or if you're buying the energy at a certain price. The people getting the extreme bills obviously don't know that and should probably do more research before jumping at certain energy companies.
You are entirely correct. I don't delight in the bill, but the flip side of those wholesale deals is lower rates on average. It it s gamble; sometimes it does not pay.
if it's a federal crime to raise the price of a water bottle from 30 cents to $10 during a natural disaster, why is it ok to raise the electricity price from $50 to $9000?
I get supply and demand, but where's the consistency?
Either gouging during a declared emergency is acceptable or it isn't.
Also, the Biden admin refused to allow a temporary lifting of emissions regulations to expedite bringing the grid back online. You can't just fire up 10 coal plants because your emissions over time would be through the roof because starting a plant is dirty until it gets hot.
What's the point of declaring an emergency if literally nothing is allowed to relax to deal with the issue.
https://www.yahoo.com/gma/texan-files-1-billion-class-221600543.html ABC News Texan files $1 billion class-action lawsuit after receiving $9,000 electric bill
So I'm not trying to be a dick here but It specifically says in your energy contract if you follow the market or if you're buying the energy at a certain price. The people getting the extreme bills obviously don't know that and should probably do more research before jumping at certain energy companies.
But that's just ridiculous! Someone got a $17k bill. This is all for 1 week. There are laws against scalping, why wouldn't this apply?
You are entirely correct. I don't delight in the bill, but the flip side of those wholesale deals is lower rates on average. It it s gamble; sometimes it does not pay.
If they dont tell you that they will charge 1500/mwh in an emergency isnt this fraudulent or misrepresentation?
if it's a federal crime to raise the price of a water bottle from 30 cents to $10 during a natural disaster, why is it ok to raise the electricity price from $50 to $9000?
I get supply and demand, but where's the consistency?
Either gouging during a declared emergency is acceptable or it isn't.
Also, the Biden admin refused to allow a temporary lifting of emissions regulations to expedite bringing the grid back online. You can't just fire up 10 coal plants because your emissions over time would be through the roof because starting a plant is dirty until it gets hot.
What's the point of declaring an emergency if literally nothing is allowed to relax to deal with the issue.
Should've gone for 1.3 billion ?