show me when was last time that price of electric went down for the end consumer?
I didn’t say price of electricity would go down. I was talking about the price to produce and maintain nuclear plants would go down.
Considering that electricity usage overall is on an upward trend, especially with things like electric cars becoming more and more mainstream. Also with things like inflation being a thing… It would be stupid to think that prices would ever straight up come down. However the cost to maintain more production could stifle/stunt how fast the prices increase.
Also… At my last house. Our electrical company rebated a not insignificant amount of money to each house based on usage for the year due to costs coming down for some stuff. So… about a year and a half or maybe 2 years ago for me personally?
Not sure why you’d expect prices to go down at all though when society/government is also pressuring the electrical companies to install “renewables” by the boatloads as well. There’s costs associated with all that. The money has to come from somewhere.
I had this argument on nextdoor a few weeks back. Our local electric utility made some 500million in “profit”. But have a mandate to be 60% renewable by 2028, and something like 80% by 2030, which 100% some time after that. If you do the math on how much the coal/nat oil plants produce, and estimate a cost for a solar farm… You realize that while it’s a profit this year… it won’t be a profit over time, virtually all (the math came out to like 93% of it) needs to get earmarked and put towards solar to get to those renewable mandate numbers. So yes. costs are going to keep going up if people like you act like nuclear getting spun up is a sin.
Edit: clarity
Edit: what is with this trend on lemmy the past few months of picking one specific sentence and ignoring the context of the rest of the fucking post? I even talk about “at scale”. It’s not hard to look at my post and think of supply/demand economics. Demand being super low because we only have handful of nuclear plants mean that a lot of suppliers just aren’t around anymore. As demand goes up, in the short term market will demand price to go up. But eventually demand will continue to increase where there is a supply void and new production will come as long as other factors don’t kill it. And Production at larger scales is ALWAYS more economical. This is literally econ 101 type shit.
Yes, cost is going up because people expect mega corps to pay for their infrastructure investment lol
So you think that companies don’t pay for electricity? That they’re not part of the “profits” the electrical company has on the books?
Man… I wish I could just get free electricity for my company. Oh… and I pay higher rates at my commercial space for less usage than I do residentially.
But right! That’s companies somehow getting some freebie from “the people”.
Oh, and you continue to ignore my point as well, so I’ll ask it again… If there are more nuclear plants… thus more production for things used to create and maintain nuclear plants. Will the cost to produce MORE nuclear energy go down?
Microsoft is demanding US taxpayer provide loans to bring this plant online. It has been sitting there for 50 years…
They pay lower rate than the people who pay for the planet.
What sort of clown capitalist regime is this? And why are taxpayers so receptive to such arrangement.
If this is such a good deal, why does not microsoft just pay for its own capital expenditure?
This is just basic capitalism. You keep pointing out to some big picture benefits like a lobby clown in DC asking for money but look US grid capacity will increase and “we” will create jobs 🤡
I am not against nuclear, or infrastructure. I never made that claim. I am against taxpayer paying for some dude’s pet project…
I didn’t say price of electricity would go down. I was talking about the price to produce and maintain nuclear plants would go down.
Considering that electricity usage overall is on an upward trend, especially with things like electric cars becoming more and more mainstream. Also with things like inflation being a thing… It would be stupid to think that prices would ever straight up come down. However the cost to maintain more production could stifle/stunt how fast the prices increase.
Also… At my last house. Our electrical company rebated a not insignificant amount of money to each house based on usage for the year due to costs coming down for some stuff. So… about a year and a half or maybe 2 years ago for me personally?
Not sure why you’d expect prices to go down at all though when society/government is also pressuring the electrical companies to install “renewables” by the boatloads as well. There’s costs associated with all that. The money has to come from somewhere.
I had this argument on nextdoor a few weeks back. Our local electric utility made some 500million in “profit”. But have a mandate to be 60% renewable by 2028, and something like 80% by 2030, which 100% some time after that. If you do the math on how much the coal/nat oil plants produce, and estimate a cost for a solar farm… You realize that while it’s a profit this year… it won’t be a profit over time, virtually all (the math came out to like 93% of it) needs to get earmarked and put towards solar to get to those renewable mandate numbers. So yes. costs are going to keep going up if people like you act like nuclear getting spun up is a sin.
Edit: clarity
Edit: what is with this trend on lemmy the past few months of picking one specific sentence and ignoring the context of the rest of the fucking post? I even talk about “at scale”. It’s not hard to look at my post and think of supply/demand economics. Demand being super low because we only have handful of nuclear plants mean that a lot of suppliers just aren’t around anymore. As demand goes up, in the short term market will demand price to go up. But eventually demand will continue to increase where there is a supply void and new production will come as long as other factors don’t kill it. And Production at larger scales is ALWAYS more economical. This is literally econ 101 type shit.
Crux of my thesis which you ignored
Yes, cost is going up because people expect mega corps to pay for their infrastructure investment lol
So you think that companies don’t pay for electricity? That they’re not part of the “profits” the electrical company has on the books?
Man… I wish I could just get free electricity for my company. Oh… and I pay higher rates at my commercial space for less usage than I do residentially.
But right! That’s companies somehow getting some freebie from “the people”.
Oh, and you continue to ignore my point as well, so I’ll ask it again… If there are more nuclear plants… thus more production for things used to create and maintain nuclear plants. Will the cost to produce MORE nuclear energy go down?
Microsoft is demanding US taxpayer provide loans to bring this plant online. It has been sitting there for 50 years…
They pay lower rate than the people who pay for the planet.
What sort of clown capitalist regime is this? And why are taxpayers so receptive to such arrangement.
If this is such a good deal, why does not microsoft just pay for its own capital expenditure?
This is just basic capitalism. You keep pointing out to some big picture benefits like a lobby clown in DC asking for money but look US grid capacity will increase and “we” will create jobs 🤡
I am not against nuclear, or infrastructure. I never made that claim. I am against taxpayer paying for some dude’s pet project…