RE: LeoThread 2025-01-24 18:45
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If electricity bills drop, it won't B by D same amount as drop in NRG prices; they may drop @ a slower rate since other factors R involved (such as the cost of equipment used 2extract & deliver that energy). I think these are sticky prices.
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I agree. I've had my rate contractually locked in for 3 years at a time over several contracts. In nominal terms, my rates have not changed. With inflation I ought to be paying much higher rates with each renewal. Therefore the electricity in real terms has been deflationary. However, the delivery charges have risen.
I expect that grid costs would be slightly affected with lower manufacturing cost of the materials used for electric delivery.