this post was submitted on 10 Aug 2025
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As prices go up it becomes more attractive to build more generating capacity. When capacity goes up prices will come back down.
"When capacity goes up prices will come back down"
Loooooool. I know that's how its supposed to work but you're mistaken if you think that they will ever decrease the price. That almost never ever happens.
My electric company (which is the only one in my area) even started fucking mining bitcoin and they hit us with a surge pricing model charging us even more for the electricity we use not only during daytime but also during summer. I'm sure they say some bullshit about capacity loads or whatever.
They sure got enough capacity to mine the fuck out of that bitcoin though.
Greedy fucks, all of them.
My prices went down in the last two years by almost half. I could get a time based tariff and sometimes buy electricity at negative prices. Of course I have like 400 different electricity providers I can choose from... Monopolies are... not great.
Ok so 400 different providers lets me know you're not in the USA then.
That's where this article is written about
Yeah, monopolies are no-no in Europe.