lived here my entire life, I have no idea what this article is referring to. You bill doesn’t just jump unexpectedly by thousands of dollars.
Stay off the Griddy.
I have never heard of a variable rate power plan before. Seems like it’s a recipe for getting gouged.
Variable rate power plan. You pay the daily going rate, which is usually pretty low, but when it’s high, it can be REALLY high. If you had a whole house natural gas generator, it would probably be cheaper to crank it up.
It can if you get into one of those energy company scams that promises you lower rates than the electric companies. You know, the ones who go door to door soliciting and asking to see your power bill to see how much money they can save you.
And you’ve never gone to sites like powertochoose.com and looked at the hundreds of electric plans/providers that are available?
You can select:
Fixed Rate
Variable rate
Indexed Rate
Those that chose variable or indexed are now in pain. They KNEW what the rules were when they signed up for those, just like an variable rate mortgage. It’s not some scamming electric company. When you pick a fixed rate plan, the price is higher because the electric company is PADDING the risk into the higher rate. If you want to take on the risk yourself, don’t blubber when that bet goes bad.
This article doesn’t make any sense at all.
You bill doesn’t just jump unexpectedly by thousands of dollars.
I agree this does not make any sense. The event only lasted 9 days - that car pile up here in Ft Worth was last Thursday morning the 11th, we got up to 47 here yesterday the 19th.