Crypto firms suing EIA for analyzing their electricity consumption should give you some signals to inform your mental model.
Big tech cloud oligopoly has entered 'deregulated' electricity markets with incumbents ranging from natural monopolies (utilities), fossil-funded lobbyists, crypto firms, and underfunded consumer advocates. It's a bit bonkers that this is how an essential commodity is priced.
Great Washington Post article on India's cooling challenges. But the writers think India is in the southern hemisphere? Maybe they meant the global South? New Delhi is (roughly) the same latitude as Houston. www.washingtonpost.com/climate-solu...
doing self-destructive things due to stress (participating in multiple eBay auctions to get an 80s fugazi t-shirt)
So thats what I'm confused about. NEM 3 has low-income battery incentives, and their goal is 9 years of payback with export rate which is considered 'reasonable'. They can't *legally* make NEM2.0 and NEM1.0 customers move to the new rate. It's legal challenge than policy (but Idk enough)
oh gotcha... $8.5 billion may tip them idk because... wow.
Batteries def help. But export compensation must still be declined to reduce forgone T&D revenue [cost-shift]. I think they are grandfathered to both - retail rate compensation for exports - retail rate as TOU volumetric rates. So income graduated fixed charges don't apply (AFAIK unsure abt this)
This is slightly confusing terminology given another term avoided costs (marginal cost of grid electricity basically). But essentially, it's because adopters forgo their share of T&D costs -- now the majority and fastest growing share of costs -- when they are credited for their kWh at retail rates
These folks are grandfathered on NEM so will continue to forgo their shares of T&D costs (which is the growing majority of IOU costs).