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To: DannyTN
So what does that mean to a consumer or business?

Do they get it with an electric bill 100x normal?

I have a 3-year contract to get all the electricity I can use at 9.5 cents per kwh. The Retail Electricity Provider (REP) eats the loss if has't purchased enough electricity to meet demand. I've heard a lot of electricity generators are off-line. I bet the owners of those wind farms are scrambling to buy electricity in the spot market to cover the electricity they pre-sold but aren't generating. Think of it as a huge electricity short-squeeze.

14 posted on 02/15/2021 12:10:48 PM PST by SSS Two
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To: SSS Two

The problem is many of those contracts have fine print that them an out for special circumstances.


18 posted on 02/15/2021 12:15:06 PM PST by BiglyCommentary
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