Tomorrow's projected forecast, 10/23: May see some negative pricing during the early morning and late afternoon as wind generation expected to remain above 13,000 MW for majority of the day.
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I've always wondered what negative pricing means. Does that mean that you pay me when I use electricity? B/C I can run an arc welder if it helps
When electricity prices are negative, we credit members that amount for their usage. So theoretically, a member could make money by using power during negative priced times.
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SMH...While the wholesale cost of electricity may be free or negative, customers still have to pay TDU fees of 3.5-4.0 cents/kWh. Griddy, how often does the wholesale rate go lower than negative 3.5 cents/kWh? Only then will an electricity customer get paid to use electricity.
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Yup! The price has gone negative 328 times from 10/15-10/21. That's across all loadzones.
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