“no matter what efforts we put forth in our lives, all we’re really doing is rearranging the sand-grains in a beach that in essence never changes.”
Feb 21, 2021 • 17 tweets • 3 min read
I see some misunderstandings going around about how Texas energy pricing works based on people’s cold-reads of this story. It isn’t the article’s fault—but I’d like to go through a couple of details for anyone who wants to know more about this....
nytimes.com/2021/02/20/us/…1) The “deregulated” market in Texas operates by having a large number of retail energy providers who buy energy wholesale from generators and resell that energy to you (the customers). They all have different strategies for how to determine the price ($/kWh) they give YOU.
