LMAO $6000 holy ****.
Why would you not get a locked-in contract for electricity? Doing a day-to-day rate based on "Current energy exchange rates" is insane XD
We don't have that here.
We are civilized here.
We didn't privatize our energy. The people of my state own it.
The people elect representatives to the Public Utility District. We have public meetings regularly.
The rates can't be jacked up without a vote.
No private business makes money off heating and providing electricity to our homes.
We control that energy. We decide how it's generated. What the rates are and all the regulation on it.
We require that at least 20% of our energy comes from alternative sources.
We don't use fossil fuels to generate energy either. We use water, wind, solar, natural gas and nuclear.
A normal electric bill in the winter, which is the high rate season here, is around 85 dollars. The natural gas bill is a little higher around 100 dollars.
In the summer the electric bill is around 35 dollars. The natural gas is around 50.
We have the second lowest electric rates in the nation.
Why? Because we didn't hand over our energy to greedy private companies. We kept control of it and regulate it properly.