RE: LeoThread 2025-01-24 18:45
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I think Trump's plan to ramp up energy production will be good in the aggregate. However, I am skeptical that my electricity bill will come down. I've paid about $0.13/kWh for many years, yet my bill goes up every year largely due to "delivery charges" which pay for upkeep of the grid. Obviously, commercial products are always expensive, particularly when you want reliability.
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Most everything he's done has failed in the long term but he profits short term. I think the ramp up is just so he can get rich on infrastructure contracts. The AI is going to demand energy away from consumers so need more.
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Power needed for AI is true. However, these AI centers are going to be localized. I very much doubt there will be an AI center located here in South Texas. They'll most likely be located near metropolitan areas where the needed workforce lives.
A bigger threat to energy demand is the demand for electric cars, which are more widespread than AI centers. I had to look into installing car chargers at a property. Installing chargers requires engineering the grid to deliver the power. At minimum, they require a transformer to step up the voltage. Or it could require running bigger lines. Even if you slow charge at home on basic 120V, what's the net drain of thousands of cars plugging in at the same time every night?
Britain, for example, has the "TV Kettle Effect" when a significant number of people simultaneously plug in their tea kettles during a TV break. They have to plan for and design for that.
Yeah. Don't hold your breath. He can't outrun the inflation of the currency!
Republicans have been just as prolific at printing money as the Democrats. Holding my breath is a sucker's bet.
Yup. Best to get some money into a deflationary asset!
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.
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.