Electricity prices in Texas are soaring. Do local residents have to pay sky-high electricity bills?

Electricity prices in Texas, USA, have gone up wildly, and it is said that they have risen to nearly 70 yuan per kWh, which is the price converted into RMB. Under normal circumstances, the electricity price is definitely not so high, and the commercial electricity price in China is only in 2.5 yuan. The power structure in Texas is unstable, and there is not enough backup power supply. Extreme weather leads to rapid price increase.

Texas's own energy supply depends more on clean energy, that is, wind power generation, because it is close to the southern tip of the United States and is rich in wind resources. In normal times, wind power can account for 1/3, or even more, but this snowstorm caused the shaft of the wind turbine to freeze, so naturally there is no way to generate electricity. At that time, the supply suddenly decreased, and their wire equipment was too old and exceeded.

All traditional energy generation is not a particularly simple matter, because traditional energy is not uniformly distributed by their federal government, but is influenced by state government policies. Cross-state purchase of resources, and even purchase of resources-related futures, are restricted by the local government to a certain extent, and they can't buy them if they want. Moreover, these power suppliers are private entrepreneurs, and no one will do anything that does not make money. Even if the price rises rapidly now, there may not be much profit margin.

About 3 million local residents are in the stage of power failure, which is still earlier data. These days, the impact may be even greater. Because of the problem of natural gas supply, many local residents can't afford electricity, or enterprises that use electricity, and local ordinary communities also have no electricity. Even the central business district and the rich areas have sufficient electricity supply, because these rich areas rely on their own money to maintain their own equipment.

If local residents still have electricity at home and want to use it, they have to pay the increased price, because they don't need electricity without paying. Even because there is a mockery on this website, capitalist countries are not short of goods, and prices will rise because of shortage, and only some people can afford it. Is this product not enough? Just like now, although some places have electricity, ordinary residents simply can't afford it. In the snowstorm and cold weather, they can only rely on firewood to keep warm, but now, it has become the only lifeline.