OT Electric rates

David G · Mar 6, 2014

I am looking at my electric rate structure. It is not as simple as saving electricity to save money. I pay 11.5 cents on the first 1200KW, then 2.5 cents after that.

I am looking at reducing my cost, but the 2.5 is really super cheap.

Brent Zappe · Mar 6, 2014

Here is a good one for you I get these calls all the time from my power company. They always ask me if I want to go green? The way to qualify is that I got to use about 150 dollors or more a month. Then they will help you go solar panels. My shop is 1300 sq foot in my back yard I was thinking go solar panels on the roof. The bottom line is I only use if I am lucky up to 50.00 dollors of power per month. Just think my eletric metter would be tuning back wards faster than I was useing it. My power company would not like the ideal of cutting me a check for the power that the panels would be produceing. Interesting Right. Brent

Geo-TH,In · Mar 6, 2014

Last month's electric rates in west centeral indiana was $.10

JMOR · Mar 6, 2014

David must live in the TVA area & Brent, I'm afraid that you over estimate the quantity of solar power you will get.

Russ from MN · Mar 6, 2014

If you use most of the 1200 for normal use it might pay to put in some electric heat! We pay about .11 at home and .135 at the cabin, and at the cabin there is a $37 meter charge, every month.

David G · Mar 6, 2014

East Central Iowa

DaveK(IN) · Mar 6, 2014

Who is your utility? Is that the flat kw charge or does it include the meter charge and the other small charges that add up? Pretty cheap compared to our REMC rate.

Geo-TH,In · Mar 6, 2014

Duke,
My last bill for a total electric 2100 sq ft, brick shack was $316, tax included, 30 day billing cycle, no heat pump, no other heat source, just well insulated. On the bill it said my average rate is $.1001. Usage 2953 kw-hrs = $295.62 tax = $20.69 I had many record sub zero days on this bill,

The previous bill was for 34 days. 2806 kw-hr = $282.67 + tax $19.79 = $302.46 average rate $.1007
George

Anonymous-0 · Mar 6, 2014

In North Dakota Slope Electric charges 3.4 cents a kwh for electric heat. You need 2 meters . Otherwise a 13$ base charge and 9.3 cents for the first 500 kwh and 5.5 cents after that. Hard to argue against electric heat. Except you need a backup heat source, because frankley they are not all that reliable, espically when needed most. In northern California Pacific Gas and Electric is 13.230 kwh for tier 1 use and 15.04 for tier 2. I don't know the difference.

buickanddeere · Mar 6, 2014

My last bill averaged 17 cents per Kw in Ontario. Three differen rates on a smart meter.
The market was "de-regulated" to save the consumer money in the late 1990"s. so far cost per Kw has almost doubled when inflation is considered.

GeneMO · Mar 6, 2014

external_link is just getting rolling on closing down coal fired power plants.

They had to close down a coal plant at Chamois Missouri last fall due to EPA regs. Just wait, it's gonna get much worse.

Gene

johndeerefan · Mar 6, 2014

Kentucky Utility for me is 0.075 cents per kilowatt. They do have a few environmental and fuel surcharges to add to it though.

Geo-TH,In · Mar 6, 2014

GeneMO,
Where I live, they have been converting over to natural gas powered generators for many years. They call them peaking plants, but soon they will be replacing the coal fired plants.

This will cause an increase in not only electric rates, it will also increase natural gas prices.

Heard on the news today, we might start exporting natural gas.

Do you really want to know why the EPA is putting an end to coal plants?
George

Harold Hubbard · Mar 6, 2014

Yeah right, and at my sugarhouse, where I used only 11 KWHr last month, with the meter charge, electric assistance program fee, energy efficiency charge,sales tax at six percent, storm surcharge of 1.4845%, minus a whole whopping two cents power adjustment charge CREDIT, it works out to just over $2.10/KWHr.

At the shop, where I used 12 KWHr it was more like $2.00 even, plus about $32.00 for the security light.

We did a lot better at the house 534 KWHr worked out to about .019 cents/KWHr.

This month and next with the sugarhouse up and running, I will use enough there to bring the rate down, but of course the actual bill will go up. At least I will get something for my money.

Same way with the shop, I will be usiong it much more with warm weather, and the welder really makes the meter spin.

Paul from MI · Mar 6, 2014

Our rates average $.15/KWH, so they are far from the cheapest around. Maybe I should have bought some Consumers Power stock years ago!

Bret4207 · Mar 7, 2014

Looking at my 2 bills, 2 meters, from last month I see this-

Delivery Service-

Basic service $17.00
Delivery .0244
Market Settlement .00029
Incr State Assessment .00307
SBC/RPS .007911
Legacy Transition Charge -.066794
RDM - . 00129214
Transmission Revision Adjustment .00007
Tariff Surcharge 2.04082%
Sales Tax 4%

Thats a total of $120.35 for 2110 Kwh

Supply Service-

Electricity Supply .011932
Merchant Function .00394852
ESRM - .049946
Sales Tax 4%

Total $160.90

Combined total of $281.25 for 2110 KWH

The other one was 1372 Kwh

Basic service 21.02
Delivery .05001
RDM -.00131142
SBC/RPS .007911
Incr State Assessment .00403
Legacy Transition Charge -.002295
Market Settlement .00029
Sales tax 8%

Total 109.70

Supply-

Electricity .12251
Merchant Function .00403445
ESRM -.050395
Sales Tax 8%

Total 112.83

Combined total- $222.53

Am I the only one with bills that look like this? I'm pretty sure I'm paying $.011-.012 per KWH. The rest is added on, the credits subtracted, and brings it up to $.13-.16.

Alan K · Mar 7, 2014

I now have a headache after reading that....wow..I don't have that much on my bill.

OT Electric rates

David G

Well-known Member

Brent Zappe

Member

Geo-TH,In

Well-known Member

JMOR

Well-known Member

Russ from MN

Well-known Member

David G

Well-known Member

DaveK(IN)

Member

Geo-TH,In

Well-known Member

Anonymous-0

Well-known Member

buickanddeere

Well-known Member

GeneMO

Well-known Member

johndeerefan

Member

Geo-TH,In

Well-known Member

Harold Hubbard

Member

Paul from MI

Well-known Member

Bret4207

Well-known Member

Alan K

Well-known Member

Similar threads