alt Hacker NewsYou would have to normalize against other costs and do a deep dive to really understand. My first question would be whether electricity (commercial and residential) has become relatively more expensive than gas, beer, and other commodities. If it's the same rate then it's more of an overall inflation thing. If electricity really is far and away higher than the rest over time then one would have to look at laws, the grid, demand, and of course supply too.
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coryrc • today at 2:27 PM
The price of energy drives inflation. It shouldn't be going up if the claims the new source is cheaper is true (surprise, it's not.)
> You would have to normalize against other costs and do a deep dive to really understand.
The tricky part here is that energy is an input to basically everything. It's a major (through fertiliser) input to food, and then all of transport and stocking of said food which tends to be how energy changes influence downstream inflation. So I think you'd probably need a deeper analysis to tease out these issues.