For reference, the price for fixed-cost plans is around 10c/kWh.
As someone who’s been constantly running an electric heater in the garage while painting my car, I was quite lucky with the timing.
It’s not literally free, though. Transfer prices are fixed, and there are taxes and some other minor costs associated with it, so where I live, it still adds up to around 6c/kWh even when the price drops to zero. The cheap prices are due to an excess of wind power, but once the wind dies down, prices usually spike hard.
I initially read that as 0.11/kWh and was wondering why that was such a big deal since I pay $0.13/kWh. Then I noticed the c.
December-January we’ll probably see prices 1000-3000% higher than that again. Wish we had more nuclear reactors.
So you have prices 5000% larger all year around?
Posting this again because some people don’t realize just how expensive nuclear really is.
As fossil burning has been left behind and there isn’t enough storage for renewable energy, nuclear is our best option currently.
