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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (14353)	8/23/2022 11:51:21 AM
From: Kirk ©	Read Replies (2) \| Respond to of 26448

I can see this now: My mortgage identifies as a student loan or My car payments identify as a student loan We should all ask the government to forgive and pay off agreements we willingly signed up for.

To: robert b furman who wrote (14353)	8/23/2022 1:59:25 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26448

Are you ready for winter? Electric Rates in Texas Have Surged Over 70% as Summer Kicks In On June 2, the Dallas Morning News reported ‘We’re in trouble’: Electric Rates in Texas Have Surged Over 70% as Summer Kicks In The price of natural gas has increased even more than crude oil, but many consumers may not have noticed. They will soon enough — in higher electric bills. How much higher? Over 70% higher than a year ago for residential customers in Texas’ competitive market, according to the latest rate plans offered on the state’s Power to Choose website. This month, the average residential rate listed on the site was 18.48 cents per kilowatt hour. That’s up from 10.5 cents in June 2021, according to data provided by the Association of Electric Companies of Texas. For a family using 1,000 kWh of electricity a month, that translates into a monthly increase of roughly $80. Over a full year, that would sap nearly $1,000 extra from the family budget. “We’ve never seen prices this high,” said Tim Morstad, associate state director for AARP Texas. “There’s going to be some real sticker shock here.”