Re:Texas Power Prices Briefly Surpass $9k Amid Scorching Heat
by mjn on Wednesday August 14, 2019 @05:58PM
(#20700430)
My parents (who live in Texas) get a rebate like this from their electricity company, which surprised me by even having an option to do it manually without a Nest-style internet-connected thermostat. If it's a day that the company wants reduced peak usage, they text+email you that you can get a rebate if you reduce usage during a certain set of hours. They judge whether you did or not by measuring your usage during those hours against your historical usage on similar-temperature days, so you can get the credit just by turning up your thermostat manually for a few hours. (This does require a new-style meter that reports hourly usage.)
There's a pre-cool from 1-2 where they drop the temp, and if I leave it alone for the entire four hours, I get $5 off my power bill that month.