The rate paid by Boulder City for power purchased on the open market rose from 3.945 cents per kWh in 2018 to 23.859 cents per kWh in 2023, an eye-popping increase of 500% or six times the 2018 cost. But what exactly does “open market” mean?
The rate paid by Boulder City for power purchased on the open market rose from 3.945 cents per kWh in 2018 to 23.859 cents per kWh in 2023, an eye-popping increase of 500% or six times the 2018 cost. But what exactly does “open market” mean?