On Tue, 2 Mar 2021 12:48:23 -0500, Ralph Mowery
wrote:

In article , says...

If that is the agreement you have with your provider to normally get
lower rates, you'd better have a really good generator that
automatically takes over when the spot market goes above some fixed level.



How does a home owner in TX know when the price goes up or down ?

They know when they get their bill. There is no other form of official
notification. A select few might see/hear something on the news and take
action to limit their usage, but most would be oblivious until the bill
arrives.


The large company I worked for would get a telephone call years ago
telling them that at a certain time the natural gas was going to another
rate and to get on the fuel oil.

Does TX do this for each house, or does the rate just go up and the home
owner had no idea before the payment statement is sent in the mail ?

Playing the power pricing game is much differnet than the stock market
game. Most have to have the electricity no matter the cost, but you set
your own limit as to how much you want to risk in the stock market, or
not even play it at all.