Are residential utility bills going to go through the roof?

SF Bay Area = 64 F today, going into the front yard in a minute and pull a few navel oranges from the tree for fresh squeezed oj -- in mid Feb!

Never see it this cold...lived here since 1997

Same article:

This is catastrophic news not only for the continued freeze in nat gas distribution, but for the explosion in electricity prices which could see many customers see a February electricity bill in the thousands, if not tens of thousands. This is what a power trader at a Houston energy company advised us on Friday:

Prices in response to the persistent cold have pushed load expectations to all time winter highs, and on par with the hottest summer days the ISO has experienced. Actual shortages could persist if units aren't weatherized and fail at any point. Monday peak is currently bid 4000, and balweek inclusive of Tuesday through Friday is 1000@2000. Off peak (nights) have traded insane levels as well, with the balance of the month trading 650$. For reference, summer of 2018 never came close to touching these levels. The highest trade on a balday was around 2000$, if i'm not mistaken.

The PUC is meeting today to discuss coordination and potential conservation efforts, but this event will likely crush several firms who are not collateralized enough to weather (no pun intended) the storm IMO. And all those folks on griddy could literally be looking at paying 4$+ per KWh across the state (as opposed to 12 cents or whatever rate you got at your house), pushing power bills to the moon.

WELL CONSIDER THIS THESE FOLKS HATE FOSSIL FUELS AN WILL DO EVERYTHING TO DISCOURAGE THEIR USE IN YOUR CARS AN HOMES HOWYA DO THAT UMMMMMMMMMMMMM I KNOW MAKE THEM SO EXPENSIVE YOU CANNOT AFFORD THEM YOU VOTED FOR IT I DIDNT ALL I DO IS HOPE FOR BEST ANTICIPATE WORST

Well of course, don't you know this is the celebrated faux capitalist style of Ayn Rand worshipers? Fuck everyone while you have the chance.

If the Ayn Rand nuthuggers ever took a month to just thumb through A Wealth of Nations, they'd see how fucking twisted their ideas of capitalism have become.

A rising pile of shit stinks up the whole barnyard. It's good to fuck everyone over. It's to be celebrated. You're not an alpha male until you can brag that you've date rapped a sorority chick, screwed over your customers or investors, and bragged on a semi-anonymous social media forum that you've retired at forty-five years old on the laurels of your treachery and deceit.

"You just don't understand investing." Says every halfwit, paper asset, skill-less, pseudo millionaire ever.

Well of course, don't you know this is the celebrated faux capitalist style of Ayn Rand worshipers? Fuck everyone while you have the chance.

If the Ayn Rand nuthuggers ever took a month to just thumb through A Wealth of Nations, they'd see how fucking twisted their ideas of capitalism have become.

A rising pile of shit stinks up the whole barnyard. It's good to fuck everyone over. It's to be celebrated. You're not an alpha male until you can brag that you've date rapped a sorority chick, screwed over your customers or investors, and bragged on a semi-anonymous social media forum that you've retired at forty-five years old on the laurels of your treachery and deceit.

"You just don't understand investing." Says every halfwit, paper asset, skill-less, pseudo millionaire ever.

My house was built in 1895...More plaster than insulation but we have been through -20 in 1996...There have been some bad winters, but not for many years now...