I have never heard of a variable rate power plan before. Seems like it’s a recipe for getting gouged.
“I have never heard of a variable rate power plan before. Seems like it’s a recipe for getting gouged.”
Not much different than a variable rate mortgage...which was what caused the 2008 meltdown.
Regardless of the dreams of the pointy headed libertarians, a large portion of Americans will ALWAYS fall for these types of schemes - where it costs very little now, but you put yourself at huge risk.
What the Republicans need to figure out is that if Republicans won’t regulate these types of schemes, the voters WILL elect others who will. But sadly, Republicans are still trying figure it out.
I believe this could happen many places in the country. You can buy your power from third party energy providers. It turns out that some of those have there prices determined in the commodities market. And the players never miss a chance to make a buck... Or more.