Power Prices Have Barely Moved in 10 Years. So Why Is Your Bill Going Up?

In most of America, the cost of generating electricity has barely moved since 2015. But, over the same 10 years, residential rates are up 37% (EIA).Lee Taylor has spent 13 years pricing power in every corner of the country. He joins Energy Empire to explain what you're actually paying for, and why a windy day in Oklahoma never shows up on your bill.Lee is the co-founder and CEO of Resurety. He funded the company in 2013 by selling shares in his own future income. Last year he got federal approval for CleanTrade, the first regulated exchange for wind and solar power, which now has 60 participants and $50 billion in bids.In this episode:The three buckets on your bill, and why the one that keeps growing has nothing to do with generating powerOklahoma gets 45% of its power from wind and prices haven't moved in a decade. West Virginia has almost none, and prices are up 50%California has some of the cheapest electricity in the country and the most expensive bills. Both are trueThe $5,000 electricity bills from the Texas freeze, and why cheap power always comes with a catchA 1,000-page application, DOGE, and 4 of 5 commissioners gone: getting a first-of-its-kind market through Washington"Tax credits were always a really blunt force way to get around the fact that we don't actually charge for carbon"Submit a question to Ask Jigar: https://octopusenergy.com/ask-jigarS2G Investments: https://www.s2ginvestments.com/insights/report-illusion-of-crowdsOctopus Energy: https://octopusenergy.com/faasOur merch store: https://energy-empire.bonfire.com/collection/all-products