this post was submitted on 11 Aug 2024
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Mildly Interesting

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It's still not earning you money to spend electricity because you still have to pay the transfer fee which is around 6 cents / kWh but it's pretty damn cheap nevertheless, mostly because of the excess in wind energy.

Last winter because of a mistake it dropped down to negative 50 cents / kWh for few hours, averaging negative 20 cents for the entire day. People were literally earning money by spending electricity. Some were running electric heaters outside in the middle of the winter.

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[โ€“] [email protected] 132 points 4 months ago (9 children)

Renewables dipped below $0 for us in California too this year. Fortunately for the utilities, those savings don't get passed along to customers and I still paid $0.53 kW/h. /s

Lucky you.

[โ€“] [email protected] 5 points 4 months ago

A lot of that is the cost of transmission, which PG&E charges us out the ass for

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