I didn't express myself correctly.
The analogy is false.
Domestic electricity is priced per kWh, wholesale electricity is priced per kWh, the latter is, as a rule, cheaper. It is not fixed vs variable rate.
The analogy is false.
Domestic electricity is priced per kWh, wholesale electricity is priced per kWh, the latter is, as a rule, cheaper. It is not fixed vs variable rate.
> wholesale electricity is priced per kWh
> the latter is, as a rule, cheaper.
I think you’re missing some detail. Why do two things that are “priced per kilowatt hour” have to have different prices?
Average Revenues/Sales (¢/kWh)
End-use sector July 2026
Residential 18.31
Commercial 14.53
Industrial 9.77
Transportation 14.97
--
Total 14.99
The reason is mostly higher consumption = lower average price.
Depends on the industrial or commercial contract, but yes.
Also my state recently mandated all residents be placed on time-of-use plans of some form.