Energy conservation

As I read this topic, cost savings and ROI keep coming up.

Use less electricity = lower electricity bill.

And if the whole world uses less electricity, demand goes down, price per unit goes down also, because it is cheaper to generate.

Right?

My ass.

Cost-based pricing is never used in the real world.

And if OPEC realizes they are selling less oil, they will simply increase the price instead so they earn the same amount of money.

And locally we have good examples too.

When oil prices increase, electricity and transport prices go up.

When oil prices drop back, electricity and transport prices go up, citing "other costs".

That's why you can't trust the system.