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Every 15 minutes, the bids settle—at the highest price paid for electricity accepted in the round. So if 100 MW of electricity are needed, and some producers offer 60 MW at $50 per megawatt-hour, some offer 30 MW at $80 per megawatt-hour, and others offer 40 MW at $100 per megawatt-hour, all the bidders will receive the highest price of $100. (Note: The price ERCOT pays is the wholesale generation charge.) 11.4¢ Footer menu “ I have been with Champion Energy now since 2015 and I can honestly say I have never been happier with an electric company. I receive weekly usage repo... ” What is Blockchain Technology? $379.99  Switch site Video game system Switch with Confidence Sept. 7, 2018, 2:32 p.m. Tips to Lower Your Bill Jump up ^ "TNB Better. Brighter". TNB. Retrieved June 18, 2017. Electricity Companies Alpine Texas | Change Electricity Company Today Electricity Companies Alpine Texas | Change Electricity Provider Electricity Companies Alpine Texas | Cheap Electricity Now
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