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by SR2Z
17 days ago
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China averages 7¢/kWh, almost 1/3 of the US average at 19¢/kWh. My rates (before PG&E were forced to concede) were as high as 49¢/kWh, a 7x factor. These are residential rates and not industrial ones, but I hope my point is clear. China has very cheap power compared to the US, there's a reason why they had to ban bitcoin to get rid of miners. |
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If my math is right, divide those by 10 for cents per kWh