Today is highly unusual. Never before in recorded history has the price climbed anywhere near this high. Last year we had record high electricity prices due to the Russian invasion of Ukraine and even then the average price for the year was 18c/kWh. This year it has been around 12c/kWh I think.
That’s akin to our rates, im about 13c/kwh delivered. I use about 1.2 to 1.5 mwh per month (with natural gas furnace and wood stove), so 2.50$/kwh would make me shut my house off at the breaker and call it camping.
Today is highly unusual. Never before in recorded history has the price climbed anywhere near this high. Last year we had record high electricity prices due to the Russian invasion of Ukraine and even then the average price for the year was 18c/kWh. This year it has been around 12c/kWh I think.
That’s akin to our rates, im about 13c/kwh delivered. I use about 1.2 to 1.5 mwh per month (with natural gas furnace and wood stove), so 2.50$/kwh would make me shut my house off at the breaker and call it camping.