My understanding is tha some commercial/industrial users will get a highly variable tariff. This may be cheaper much of the time, but can get ridiculously expensive at times of high demand.
The difference is that a bitcoin farmer can shut down at those expensive times, but a home user still needs to heat/cool their house, run their fridge etc, so the savings cancel out. Because of this, averaging the costs works out easier/better for most home consumers
I have real time pricing from my utility. It works out well because we charge 2 electric cars overnight for a fraction of what they would cost to charge at the standard fixed kilowatt-hour rate. My house is heated by natural gas; I don’t think the savings would be there if I also was heating my house with electricity as I live in the midwest, where it gets cold as fuck for the winter.
aniki@lemm.ee 11 months ago
Why is commercial power so cheap and residential so expensive? We could fix two problems by balancing that back.
Deceptichum@kbin.social 11 months ago
Because companies > people in the eyes of the state.
just_another_person@lemmy.world 11 months ago
It depends on which state, which is even more sad.
General_Effort@lemmy.world 11 months ago
It’s more like companies = jobs in the eyes of voters.
aniki@lemm.ee 11 months ago
I have never once gave a flying fuck about a nebulous concept of “jobs.”
joekar1990@lemmy.world 11 months ago
Something something job creators….something something trickle down
Nighed@sffa.community 11 months ago
My understanding is tha some commercial/industrial users will get a highly variable tariff. This may be cheaper much of the time, but can get ridiculously expensive at times of high demand.
The difference is that a bitcoin farmer can shut down at those expensive times, but a home user still needs to heat/cool their house, run their fridge etc, so the savings cancel out. Because of this, averaging the costs works out easier/better for most home consumers
frezik@midwest.social 11 months ago
You can get time of use billing at home. Only makes sense if you have solar panels or storage batteries or some such.
st3ph3n@midwest.social 11 months ago
I have real time pricing from my utility. It works out well because we charge 2 electric cars overnight for a fraction of what they would cost to charge at the standard fixed kilowatt-hour rate. My house is heated by natural gas; I don’t think the savings would be there if I also was heating my house with electricity as I live in the midwest, where it gets cold as fuck for the winter.
AbidanYre@lemmy.world 11 months ago
My Volt (and I assume other EVs) has a setting to charge when power is cheaper.