Saturday, December 8, 2007

Buy electricity ... on Ebay???

Put in your bid now for 1,000 KW-h of electricity. Current bid is (as of press time) $167, or 16.7 cents per kilowatt-hour. Please not that the UI standard offer is now 12.5. This covers only generation, not distribution, transmission, taxes or any of the other dozen charges on your bill.

Note that they are not selling a "megawatt", as advertised, but a "megawatt-hour". Megawatt is a measure of power and megawatt-hour is energy.

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