• @reddig33
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    12 hours ago

    It’s not how all businesses work. Many businesses lower prices when there is a surplus. Consider filling up at the gas station for example.

    It’s ridiculous that energy prices would go up when they are spending less on natural gas, coal, or whatever they are using to create the power.

    Honestly crap like this is just going to encourage those that can afford it to install solar panels and backup batteries to load up on cheap electricity. Then the power company is really going to throw a hissy.

    • @[email protected]
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      37 hours ago

      The power generation facility itself still has massive overhead costs regardless of how much fuel they are using at any given time.

      • @reddig33
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        12 hours ago

        And? That cost is constant. It shouldn’t cause fluctuations in price.

    • @[email protected]
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      411 hours ago

      The gas station example still has this issue. The gas station’s fixed overhead costs are passed on to the customer. Divide those overhead costs by the number of gallons sold. Reduce the number of gallons sold, and the “overhead fee” per gallon increases.