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Cake day: June 12th, 2023

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  • Decr@lemmy.worldtoLemmy Shitpost@lemmy.worldgotdamn
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    1 year ago

    There is of course the supposed capitalistic reason of doing so, which is to make it more lucrative for others to build additional homes. Additional homes should in turn dampen the prices again. This however hasn’t been panning out the last few decades, as the prices have kept inflating.





  • For households it depends on your contract with the energy companies. There are certain contracts which let you pay a fixed fee on top of market prices, but you’ll move with hour by hour fluctuations of the market prices. This might be interesting for those with smart homes who can schedule many of the more energy intensive appliances to run when prices are at expected daily lows. Or because you generally dont use much power in the expensive moments for your region.

    These contracts however also remove most of the protection you enjoy from price spikes due to technical failures in the grid, or errors in weather prediction for renewables.