Electric Rates
Nov 15, 2022 10:20:21 #
There is a discussion about electricity - saving money and rates. I just got a bill. Figuring my amount due vs kWh used, it works out to $0.41/kWh. Last month, it was $0.33. I see a trend here.
Nov 15, 2022 10:30:12 #
jerryc41 wrote:
There is a discussion about electricity - saving money and rates. I just got a bill. Figuring my amount due vs kWh used, it works out to $0.41/kWh. Last month, it was $0.33. I see a trend here.
Electric is definitely going up like everything else. Everything is directly connected to the higher cost of fossil fuels. Yours is a lot higher than mine. I was able to lock mine in for 12 months last May for .0835 cents per kwh. If I had not and locked it in now, it would be at about .12 cents per kwh. People around here who have not locked it in can pay as high as .25 cents per kwh. I must say, I'm glad I don't have your rate.
Nov 15, 2022 11:00:02 #
Nov 15, 2022 11:01:55 #
Nov 16, 2022 05:44:10 #
alawry
Loc: Timaru New Zealand
I'm very intrested in rates other folk use. Jerry, it sounds like you've done some calculation to reach that figure, Is that the actual per unit charge, or the total charge divided by the number of units used? In NZ, we have a "line charge" a "unit charge, another small fee, and then the whole lot is charged what we call GST, (Goods & services Tax, )I think that is 15%. My rates are 30cents per day line charge, 25.4 cents per unit, the small charge is a levy for something 0.13 cent (about an eighth of a cent). This is called a low user rate, because I use few units, (250 units in May) I opt to pay more per unit and less for the line charge. A real incentive to use less. Others pay less per unit, say 20cents, but maybe $1 a day line charge. There is a breakeven point to work out, being a real frugal fellow I'm well under it. Back to my question are you really on 41cents a unit? that seems quite high, in comparison. Andrew.
Nov 16, 2022 05:49:30 #
Nov 16, 2022 07:56:51 #
I get letters constantly imploring me to switch to fossil free clean energy. There is a statement in very small print saying that it may be a little more expensive.
Nov 16, 2022 08:36:47 #
sodapop wrote:
I get letters constantly imploring me to switch to fossil free clean energy. There is a statement in very small print saying that it may be a little more expensive.
Yes, it is more expensive. Several years ago, I switched to an alternate source that was supposed to be cheaper. After three months, it still wasn't cheaper.
Nov 16, 2022 09:28:30 #
Headed to the attic...unless we all keep the delusion up.
Fossil fuels are under attack...electricity is made with....anyone?....fossil fuels.
It's all self inflicted...on purpose.
Fossil fuels are under attack...electricity is made with....anyone?....fossil fuels.
It's all self inflicted...on purpose.
Nov 16, 2022 10:23:32 #
So, Jerry...as the majority of the country moves from fossil fuel to electricity, do you think the utility cost will go up or down?
Nov 16, 2022 10:40:11 #
jerryc41 wrote:
There is a discussion about electricity - saving money and rates. I just got a bill. Figuring my amount due vs kWh used, it works out to $0.41/kWh. Last month, it was $0.33. I see a trend here.
Hang onto your hat, it’s just begun. Our policy makers must be carrying out the wishes of the electorate, they keep getting elected.
Nov 16, 2022 11:34:34 #
California has outlawed selling fossil fuel cars in the near future.
Everyone there...will have to accept energy rationing.
It's already going on in Europe...
Everyone there...will have to accept energy rationing.
It's already going on in Europe...
Nov 16, 2022 12:44:24 #
sippyjug104 wrote:
So, Jerry...as the majority of the country moves from fossil fuel to electricity, do you think the utility cost will go up or down?
Fingers crossed!
If I were younger, I'd have solar panels installed on my roof. At this point, I might not live to see the job completed.
Solar panels are definitely the way to go, in my opinion. I know people who have them, and they get basically free electricity. Some areas are not letting solar people sell their electricity back to the grid. I guess, like electricity, money flows only one way for the power companies.
Nov 16, 2022 15:18:49 #
Canisdirus wrote:
Headed to the attic...unless we all keep the delusion up.
Fossil fuels are under attack...electricity is made with....anyone?....fossil fuels.
It's all self inflicted...on purpose.
Fossil fuels are under attack...electricity is made with....anyone?....fossil fuels.
It's all self inflicted...on purpose.
Your state's figures will vary, but in NC, fossil fuel usage is shrinking. Electricity generation in 2021, percentage in NC by sources:
Fossil fuels still account for 53.4%:
Natural Gas (35.9%)
Coal (15.5%)
Biomass (1.6%)
Petroleum (0.4%)
OTHER sources account for 46.6%:
Nuclear (32.8%)
Solar (7.6%)
Hydroelectric (5.8%)
Wind (0.4%)
NC has relied on nuclear for about a third of its power for a long time. Solar is growing. Natural gas is taking the place of coal. So we are getting cleaner, if not less carbon-dependent, but it's a slow process.
As far as rates, we do have cheap electricity! That's one of the big draws for companies looking for a way to escape high cost regions. The others are cheap, non-union labor, plentiful fresh water, low taxes, cheap real estate, and decent transportation and other infrastructure.
My cost for residential electricity including all fees and taxes is right around $.14/kWh.
Nov 16, 2022 17:31:47 #
I'm all for progress....but it has to be actual progress.
So far...nada. Although a lot of coin and power is being gathered.
N.C. niche energy...solar, wind... 8% total.
Expensive energy.
Rates vary of course...nuclear is holding yours down...same with my state.
So far...nada. Although a lot of coin and power is being gathered.
N.C. niche energy...solar, wind... 8% total.
Expensive energy.
Rates vary of course...nuclear is holding yours down...same with my state.
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