ERCOT released its final Seasonal Assessment of Resource Adequacy yesterday! The grid has sufficient generation for the fall season! There is about a 61,034 MW demand in store for Texas with an expected 84,000 MW of resource capacity. http://www.ercot.com/news/releases/show/189466 …
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It’s no surprise you don’t understand how fixed price plans work, but thanks for the plug! We have a plan in Houston for 6.9 c/kWh + CenterPoint delivery. Fixed! No gambling! And since we purchase power in the forward markets, an ETF is appropriate. Happy to educate you further!
But if that's true, why isn't that the only plan you offer? And how much are you making on that 6.9c considering the forward markets are WAY less than that? We make $9.99/month. Care to share what you make off your customers?
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And to say that the forward markets are WAY less than that shows you have absolutely no clue what goes on in the market. There is additional risk WE take when selling a fixed price plan NOT borne by the consumer. That is what they are buying. Goodness.
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We know exactly what goes on in the market. You're overcharging your customers for your risk rather than letting them control their usage and save money. Your model is old and inefficient. Enjoy your VHS tapes and rotary phones too.
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