That's about $0.16/KWh which is the average electricity rate across the whole US and significantly less than the price in the Northeast. I haven't dug into whether that's apples to apples - whether the country average is (generation + delivery) or just generation, while the rate bing paid to the plant is presumably just generation.
But either way just the cost of electricity generation ignoring delivery on my bill is quite a bit higher than that.
That cheap green German electricity is currently > 40 cents per kWh.
Last I checked that was with the subsidies (in use most places right now) that buffer the Russia-induced energy crisis. These are running out, partly because the way all the different subsidies were being hidden was unconstitutional.
"Germany risks “deindustrialization” as high energy costs and government inaction on other chronic problems threaten to send new factories and high-paying jobs elsewhere, "
"...a government-funded cap on industrial electricity prices to get the economy through the renewable energy transition."
I guess there may be some subsidies involved.
"...It was mistaken political decisions that primarily developed and influenced these high energy costs. And it can’t now be that German industry, German workers should be stuck with the bill.”
"A 2011 decision to shut down Germany’s remaining nuclear power plants has been questioned amid worries about electricity prices and shortages."
"In the meantime, energy-intensive companies are looking to cope with the price shock."
"“The perception of Germany’s underlying strength may also have contributed to the misguided decisions to exit nuclear energy, ban fracking for natural gas and bet on ample natural gas supplies from Russia,” he said. “Germany is paying the price for its energy policies.”"
