Oh Joy.

[TeyshaBlue]

fml

http://www.wfaa.com/news/politics/Texas-OKs-big-boost-in-wholesale-electricity-rate-160700705.html

[clambake]

you guys got electricity?

[Drachen]

wait, I thought you lived somewhere else... am I wrong?

[ElNono]

largest tax increase in Texas history! /WC

[scott]

From an economic perspective, *if* we are operating under the assumption that more capacity is needed, then raising the cap is is an important move (the alternative would be to just directly subsidize new construction) to encouraging new capacity.

In theory, we would hope that the wave of new capacity would increase supply to the point where the post-expansion equilibrium is below current levels and the market rate falls in the long-run (and yes, this happens all the time).

[scott]

Pragmatic scott is a dick, no one likes him.

[leemajors]

keep up the quality at Freetail and we can live with it

[coyotes_geek]

The brownouts seem to be an annual occurence now, so I don't think there's much of an arguement about whether or not the additional capacity is needed.

[scott]

Pragmatic scott thinks any cap is probably a bad idea *if* there is a transparent and free market for the exchange of energy.

[Wild Cobra]

Could it be that they need a way to subsidize green energy?

[scott]

Could it be that they need a way to subsidize green energy?

Dude... what.

Seriously, what planet are you from?

[Drachen]

Dude... what.

Seriously, what planet are you from?

Don't mind him, he is compelled to bring up and parrot talking points in any scenario.

[clambake]

Dude... what.

Seriously, what planet are you from?

he can't hear you, what with all the black helicopters above.

[coyotes_geek]

Could it be that they need a way to subsidize green energy?

How is the government raising the cap on what utility companies can charge their customers a subsidy on anything?

[ElNono]

How is the government raising the cap on what utility companies can charge their customers a subsidy on anything?

:lol

[Wild Cobra]

Hey, I'll admit I didn't read anything except rates would be going up.

Did any of you see the "?" at the end of my sentence?

[clambake]

are they raising it to build more abortion clinics?????

[TeyshaBlue]

Hey, I'll admit I didn't read anything except rates would be going up.

Did any of you see the "?" at the end of my sentence?

No. I was blinded by the stupidity that preceded it.

[boutons_deux]

$4500/1000KwH

$0.045/KwH

That's pretty steep, esp when multiplied by the markups until consumption.

Stupid fucks want to stimulate more power plants when they should be legislating time-of-day metering and feed-in tariffs to stimulate solar and wind power.

Sounds to me like a huge gift to the power plant builders. Guess who's paying?

However, this will make the cost recovery much faster for solar installations. Should generate a lot solar installation/maintenance jobs.

[clambake]

No. I was blinded by the stupidity that preceded it.

:lol

[clambake]

No. I was blinded by the stupidity that preceded it.

oh and i didn't read it either.

how do you know its not for building abortion/bible study clinics ?