[nonfamous]

And it’s not about the “dumb poors” either. I’m a data scientist and and I signed up for a variable-rate plan like this when I used to live in Chicago. I watched my electricity consumption closely, and diligently reduced my consumption via home automation when I got alerts about price spikes. I thought it was great, and I saved money. (Charging the Tesla overnight was basically free.) I figured there might be periods where things were 2x or 3x more expensive than usual, and I could absorb such costs.

But I never in my wildest dreams imagined that rates would shoot to 100x normal values for days on end. The very claims of “it’s market driven!” made me think that was impossible - how could any efficient market sustain such prices?

Realizing now that I dodged a bullet.