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.
December-January we’ll probably see prices 1000-3000% higher than that again. Wish we had more nuclear reactors.
Agreed. We should build much more of it to the point where we’d basically be powering our southern and western neighbours too.
So you have prices 5000% larger all year around?
Posting this again because some people don’t realize just how expensive nuclear really is.
https://en.wikipedia.org/wiki/Levelized_cost_of_electricity
As fossil burning has been left behind and there isn’t enough storage for renewable energy, nuclear is our best option currently.
It’s way cheaper to build storage than new nuclear.
You seem to think nuclear power is cheap. It is not. Renewable energy with storage is much cheaper.