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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back
- Thread starter Kepler
- Start date
Kepler
Si certus es dubita
What's New in Shipping has been banging away at this relentlessly for the last two weeks. The accordion effect of the shutdown will be screwing with supply chain for months, and we haven't even talked about the physical damage to production, refinement, and transport that could take years to rebuild.
All of that cost has to be paid sometime by someone and you can bet it isn't going to be paid by the energy companies, shipping lines, insurance companies, and sovereign wealth funds of the GCC. It all comes from us eventually. Trillions.
ticapnews
Never graduate.
Oh, so you're familiar with r/wallstreetbets too.
Kepler
Si certus es dubita
unofan
Well-known member
Big data has gotten better at their electric contracts. But the dirty little secret from not even 10 years ago was that they'd have been better off on standard industrial rates than their negotiated ones.
On the flip side, utilities have seen that shift and are driving harder bargains for data centers, especially for anyone a notch below FAANG. The upfront costs for anyone wanting to take non-standard service and needing extra equipment are becoming prohibitive.
MichVandal
Well-known member
I'm sure everyone here knows already that they are just a gambling site. No need to feed them hits..
For everyone who is curious that you didn't actually quote the link, if you pass over it, it's a link to polymarket. Which is just a different version of gambling. They should be regulated as casinos, and are getting away with not. So don't click the link and give them traffic.
Kep, you should know better than that.
walrus
Wind up workin' in a gas station
Any big user of electricity gets a discount from the supplier. Cstores, Grocery stores, ect all pay less per kWh. In Maine the power companies have no say on actual electricity costs, they only control the infrastructure . I believe the more you use the more you pay the power company here in Maine for keeping the power lines intact. Now if you have grid tied solar on your roof or on the ground and its sized right over the course of the year the only thing you pay is a minimum usage fee for being tied to the grid. My bill every month is the bare minimum. Its actually unfair to other customers who don't have solar. Having said that if I was younger I would go off grid and tell CMP to pound sand. Battery prices right now are unreal $6200 gets you gets 62 kWh of battery power. STill wouldn't be enough here in Maine but double that and it would. Also I believe the state just passed a law thats going to allow CMP to start charging more(or less) on time of usage. That might make battery power attractive, use batteries late afternoon and recharge after midnight. New hybrid inverters can do that seamlessly, switch back and forth from one source to another. Sol-Ark is one brand, EG4 makes a really cool box called a grid boss, if reliable it changes every thing.
dxmnkd316
Lucia Apologist
No. Look at the forward curve. It comes back down relatively quickly. Several months.
dxmnkd316
Lucia Apologist
The US treasury is doing no such thing. The actual markets themselves have heavily intimated that it’s not the treasury.
walrus
Wind up workin' in a gas station
Good, too bad they don't target the 4 major meat producers, the 2 major carrot producers, Banks and every other monopoly their is. Of course we all know they don't mean it and slipping some money into the taco library will get the DOJ to back off
MichVandal
Well-known member
I wonder how many use undocumented workers. Should they be investigated for that and potential human trafficking?
unofan
Well-known member
It's not that they get discounts - in any traditionally regulated market (so ignore Texas and other deregulated spaces), "discounts" are verboten. It's that as a class, industrial has a different rate structure, and many utilities have a "very large industrial" or similar type of class above that. They all include demand charges in addition to your traditional customer and usage charges. Some include Time-of-use rates. Some allow individual negotiated rates (with the caveat that such rates must at least break even and cannot shift costs to other classes). Some industrial users either must or choose to purchase their own substations, which alters the equations further.
So yes, their per kWh usage charge is likely lower than the residential rate. But the utilities will still make their money from such customers.
Kepler
Si certus es dubita
Surely you are not suggesting penalizing the rich?
MichVandal
Well-known member
Sorry, forgot that this "nation of laws" don't actually apply to them.
Lock someone up in a concentration camp for a misdemeanor, let human traffickers get away with real felonies. Even when they don't even hide it.