Josh-D. S. Davis

Xaminmo / Omnimax / Max Omni / Mad Scientist / Midnight Shadow / Radiation Master

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ERCOT reports 50% reduction in transmission costs
Josh 201604 KWP
joshdavis
http://www.ercot.com/news/press_releases/2011/nr06-23-11

Chief Operating Officer Mike Cleary said energy prices in the first six months of the nodal market averaged $30-$35 a megawatt hour (MWh), compared to $55-$60 in the zonal market during the same time last year due to improved congestion management tools in the nodal market, specifically, the ability to dispatch on 5 minute intervals (vs 15) starting December 1, 2010.

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What it means to me...

My bill was $293 this month for 2.566MWH ($90 wholesale = 225% markup).

The same time last year I paid $369 for 2.693MHW ($162 wholesale = 128% markup).

:(

(Deleted comment)
Insane markup. My thoughts are, for energy distribution, the mark-up should be the cost of delivery, such that if the wholesale generation costs are cut in half, my rate should be substantially reduced, or I should see some major benefit in service.

You know, rather than a rolling black-out and a level cost.

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