Highlights
- A price cap was set in place across large parts of the country because soaring wholesale electricity prices breached a threshold.
- In the short term, experts say getting the coal plants back online as soon as possible is imperative.
- For now, households and businesses are being asked to conserve power where they can and brace for the bill to come.
The regulator has put a price cap of 300-dollars per megawatt-hour
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