nanog mailing list archives
Re: Texas internet connectivity declining due to blackouts
From: Tom Beecher <beecher () beecher cc>
Date: Tue, 23 Feb 2021 17:39:09 -0500
The issue is that while there are lots of information out there detailing the risks of variable rate supply plans, the majority of consumers are not equipped to properly understand that risk; these are complex markets in the best of times. Many of these companies are also borderline predatory in how they market their services. It's the standard model you see in many industries; highlight the savings, fine print or hide the risk, and then when the consumer gets screwed , point and say 'well they should have understood what they signed up for!'. That's complete trash when it comes to life critical utilities. On Wed, Feb 17, 2021 at 7:25 PM Yang Yu <yang.yu.list () gmail com> wrote:
On Wed, Feb 17, 2021 at 10:46 AM John Sage <jsage () finchhaven com> wrote:This article is an interest description of Texas electricity pricing for one provider and for the market in general:https://www.dallasnews.com/business/energy/2021/02/16/electricity-retailer-griddys-unusual-plea-to-texas-customers-leave-now-before-you-get-a-big-bill/ That is far from the market in general. Most people use a fixed rate plan (can easily find one without rebate for <10c/kwh after taxes & fees). The customer would have to make an explicit decision to pick a variable/market rate plan (excluded by default on http://powertochoose.org/) with higher risk and cheaper electricity when the wholesale price is low. http://www.puc.texas.gov/consumer/facts/factsheets/elecfacts/Electricplans.pdfChanging Rate (Variable) Plans have rates per kWh that can vary accordingto a method determined solely by the provider and may be dependent on market changes and other exceptions beyond the provider's controlMarket Rate (Indexed) Plans have rates per kWh that can vary according topre-defined publicly available indices or information and other exceptions beyond the provider's controlThe highest the price can go to is $9/kWh (which has only ever happened0.005% of the time.) Most of the time though, 96.9% to be exact, it is below the Texas Average of 6.8ยข/kWh https://www.griddy.com/texas/learn-more#learn-pricing
Current thread:
- Re: Texas internet connectivity declining due to blackouts, (continued)
- Re: Texas internet connectivity declining due to blackouts Rod Beck (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Sean Donelan (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Andy Ringsmuth (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Sean Donelan (Feb 17)
- Re: Texas internet connectivity declining due to blackouts John Sage (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Aaron C. de Bruyn via NANOG (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Michael Thomas (Feb 17)
- Re: Texas internet connectivity declining due to blackouts borg (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Michael Thomas (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Yang Yu (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Tom Beecher (Feb 23)
- Re: Texas internet connectivity declining due to blackouts Sabri Berisha (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Sean Donelan (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Bill Woodcock (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Andy Ringsmuth (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Rich Kulawiec (Feb 22)
- Re: Texas internet connectivity declining due to blackouts Tom Beecher (Feb 24)
- Re: Texas internet connectivity declining due to blackouts Michael Thomas (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Rod Beck (Feb 17)
- RE: Texas internet connectivity declining due to blackouts Milt Aitken (Feb 17)
- Re: Texas internet connectivity declining due to blackouts Haudy Kazemi via NANOG (Feb 17)