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Re:Texas Electric Bills Were $28B Higher Under Deregulation by piva00 on Wednesday February 24, 2021 @09:56AM (#26250502)
Shouldn't economies of scale dictate that the average price per person should go down (inflation-adjusted) rather than up though? I understand that adding capacity to support 9 million people and modern appliances over 17 years is a significant cost but when you average it down per capita I'd have believed that increases in productivity and technology would drive that figure down, not up.
Re:Texas Electric Bills Were $28B Higher Under Deregulation by u678u on Wednesday February 24, 2021 @12:18PM (#26252596)
I was going to suggest that the original hydro and nuclear has lower costs than newer plant, but there doesn't seem to be any hydro and nuclear is small so I can't say.
Re:Texas Electric Bills Were $28B Higher Under Deregulation by Spooky23 on Wednesday February 24, 2021 @10:15PM (#26259277)
Not necessarily. Electricity is driven by peak demand, and adding capacity takes time and is expensive.
Re:Texas Electric Bills Were $28B Higher Under Deregulation by fat_pikachu on Wednesday February 24, 2021 @10:26AM (#26250846)
Energy prices have outpaced inflation in that time frame despite productivity gains.