(02-20-2021, 06:40 PM)jagibelieve Wrote:

(02-20-2021, 11:19 AM)mikesez Wrote: The companies with variable rates only advertise their lowest historical rates, and then they put it in the fine print that the rate might go up by a lot.

If a lot of people refused to pay their jacked up bills, they'll end up with liens on their houses. But the bills still won't get paid, and the variable rate power company will still go bankrupt. should be enough to make sure this stupid business model goes away for good.

Source?

It's all different now, after the crisis.
About a month ago I had to investigate Texas electricity prices for work. 
It was a jungle. you could get this many cents per kilowatt hour off if you signed up for that many months, but if you went over this other number of kilowatt hours then you had to pay a surcharge, different fees if you move before your contract is up, etc.
there were clearly companies competing with each other, but these companies were also clearly trying to confuse you and make it so you couldn't really compare them to each other.

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