CobyRupert
Super Member
I had to remove my tinfoil hat to type this but I suspect smart meters are part of the infrastructure to allow variable rate pricing at some point. So electric is cheap after business hours, for example, and very expensive when it's 95F.
Yes, I believe you are correct.
No tin foil hat, that's just capitalism and the market.
Presently the "average" rate you are charged is disconnected from the real (-time) market; and supply and demand forces.
Why its, its, its SOCIALISM!
That is, you may use all your power at night or off peak hours when the utility can by it for (say) 7 cents a kw-hr; yet your neighbor burns all their electricity during peak hours when the utility has to buy it for 18 cents a kw-hr. Yet the utility charges you both 15 cents a kw-hr.
You are paying for your neighbor's power.
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