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Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: WAWI] #15323292 02/05/25 01:52 PM
Joined: Mar 2010
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T Bird Online Content OP
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Originally Posted by WAWI
I signed a 5 year commercial deal back in September for 5.6 cents.


Nice! thumb


Okie by birth, Texan by choice.
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USAF "Thunderbirds" Alumni 1985-1989




Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: T Bird] #15323308 02/05/25 02:04 PM
Joined: May 2007
Posts: 45,084
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WAWI Online Content
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Joined: May 2007
Posts: 45,084
Originally Posted by T Bird
Originally Posted by WAWI
I signed a 5 year commercial deal back in September for 5.6 cents.


Nice! thumb


My house will end up being more than my business and the business has 35 tons of ac, multiple coolers and freezers, neon lights, etc..... I hate tricounty

Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: CCTX] #15323309 02/05/25 02:04 PM
Joined: Nov 2009
Posts: 40,973
Dan90210 ☮ Online Embarrased
Jr Deputy Dan
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Joined: Nov 2009
Posts: 40,973
Originally Posted by CCTX
The irony that free market capitalism is maximized by the extremes of personal information acquisition and manipulation runs deeper each year.


Nuh uh

Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: T Bird] #15323319 02/05/25 02:08 PM
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DanXB-21 Online Content
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You Texas folks do some crazy stuff... We have a main provider and some, as I call them fly by night providers... We've always stayed with our main provider... They're always cheaper in the long run... Dan


"The problem with having a sense of humor is often that people you use it on aren't in a very good mood"...
Lou Holtz
Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: COFF] #15323462 02/05/25 03:28 PM
Joined: Jan 2005
Posts: 541
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LipRipper3325 Offline
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Posts: 541
Originally Posted by COFF
Originally Posted by Trickster
With all the data centers consuming power rates in my opinion will go up a lot.

I think you are right about that. We are at the very beginning of an exponential demand growth.

I saw an industry presentation from a data center company where they claimed the projects that are currently in development have a power requirement equal to 50% of the current grid capacity.


This is correct - in 2023, ERCOT hit a peak demand of ~86,000 MW.

The current projections are that ERCOT's peak will hit 150,000 MW by 2032.

This is why rates will stay high / increase. It is advisable to lock in your energy cost for as long as you are comfortable. We will see relief when new generation assets are online which can take some time.

Last edited by LipRipper3325; 02/05/25 03:30 PM.

Personal Record: 8 pounds 10 ounces
Personal Goal: 10 pounds +
Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: LipRipper3325] #15323540 02/05/25 04:20 PM
Joined: Oct 2012
Posts: 27,551
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ReelBusy Online Happy
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Originally Posted by LipRipper3325
Originally Posted by COFF
Originally Posted by Trickster
With all the data centers consuming power rates in my opinion will go up a lot.

I think you are right about that. We are at the very beginning of an exponential demand growth.

I saw an industry presentation from a data center company where they claimed the projects that are currently in development have a power requirement equal to 50% of the current grid capacity.


This is correct - in 2023, ERCOT hit a peak demand of ~86,000 MW.

The current projections are that ERCOT's peak will hit 150,000 MW by 2032.

This is why rates will stay high / increase. It is advisable to lock in your energy cost for as long as you are comfortable. We will see relief when new generation assets are online which can take some time.


The heavy users are allowed to sell back energy credits during peak usage when supply is short and reap huge payouts. Some of the bitcoin mining outfits make as much off of ERCOT as they do bitcoin mining. That will no doubt have perverse effects on consumer energy pricing.

Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: ReelBusy] #15323553 02/05/25 04:38 PM
Joined: Jan 2005
Posts: 541
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LipRipper3325 Offline
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Joined: Jan 2005
Posts: 541
Originally Posted by ReelBusy
Originally Posted by LipRipper3325
Originally Posted by COFF
Originally Posted by Trickster
With all the data centers consuming power rates in my opinion will go up a lot.

I think you are right about that. We are at the very beginning of an exponential demand growth.

I saw an industry presentation from a data center company where they claimed the projects that are currently in development have a power requirement equal to 50% of the current grid capacity.


This is correct - in 2023, ERCOT hit a peak demand of ~86,000 MW.

The current projections are that ERCOT's peak will hit 150,000 MW by 2032.

This is why rates will stay high / increase. It is advisable to lock in your energy cost for as long as you are comfortable. We will see relief when new generation assets are online which can take some time.


The heavy users are allowed to sell back energy credits during peak usage when supply is short and reap huge payouts. Some of the bitcoin mining outfits make as much off of ERCOT as they do bitcoin mining. That will no doubt have perverse effects on consumer energy pricing.


Demand Response? Yes, this is available, as well as 4CP programs. The key here is that they are allowed to, not obligated to. They are incentivized to sell power back only when real time prices are high.. These services are great for grid stability, not so much for overall real-time pricing.


Personal Record: 8 pounds 10 ounces
Personal Goal: 10 pounds +
Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: T Bird] #15323702 02/05/25 07:48 PM
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gdr_11 Offline
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My contract expires Msrch 27; not even looking until March 1 because all rates are high in February. Usage will drop sharply in March and, if I have to, I will do a 30-90 day contract to buy time until the Spring rate drops set in

Re: Electricity ^^^^^^^^^^^^^^^^^^^^^ [Re: T Bird] #15323720 02/05/25 08:07 PM
Joined: Apr 2008
Posts: 45,398
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CCTX Online Content
mapquest
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