Electric grid and price of home electric?

[edyvw]

How many square feet is your home? I'd teach those little ones to have good house manners and to be energy conscious. If you have gas now look into an on demand hot water heater, gas cooking is more efficient than electric. If you're going hybrid no need for all the solar stuff. If you did go full ev look into a smaller solar system enough to compensate for charging.

So my home is 3,200sq ft. We will go full EV for her car, hybrid (no impact) or PHEV with EV mode for family needs (I am nit giving up stick shift whatever gas prices are).
Kids are fine. Electric water heater will go in once I see where exactly we are with solar. Not changing until gas one dies. My water heater is 3 years old. Expect to die month after 5yrs warranty, just like last one.

 

[PimTac]

Set the new rule in the house. Navy showers.

30 seconds to get wet. Water off.

Soap and shampoo.

60 seconds to rinse off. Done.

If they don’t like it then they can do skullery duty for 90 days.

 

[edyvw]

Set the new rule in the house. Navy showers.

30 seconds to get wet. Water off.

Soap and shampoo.

60 seconds to rinse off. Done.

If they don’t like it then they can do skullery duty for 90 days.

Man, I want them to take longer shower. I get a break. There is no money worth of 10-15 minutes break.

 

[billt460]

No disagreement about that. I think the assumptions are most have their houses paid off and no debt.

Anyone who goes into retirement saddled with debt is going to be in for a rude awakening. Most had 45 years or more to pay off their home, cars, etc. If they didn't, they are going to have a tough time.... Or else don't retire.

 

[billt460]

....... But one thing is for sure, current geopolitical issues did for EV’s what no one could. ICE are done! They are done bcs. basic economics. There is no conspiracy theory, it is simple choice between cheaper electricity and cheaper maintenance and more expensive gas and maintenance.
What is really brewing in the future is how these countries whose economies are solely dependent on fossil fuels, survive this.

You're dreaming. The electrical grid is overtaxed as it is. Blackouts and rolling brownouts are everywhere. The hotter it gets, the worse it's going to be in many areas. "Cheap electricity", is a pipe dream. Especially if the market gets flooded with EV's. And tax an already overburdened power grid even further.

And as it's been proven time and time again, EV's don't work for everyone. Especially for anyone living in rural areas. They don't have the range. Gas got expensive because of a stupid administration, who pushed an even dumber agenda. Not because of some natural shortage of product.

We'll have cheap gas again before we EVER have cheap electricity. Especially when you consider the fact the same people who are screaming for EV's, solar panels, windmills, along with all the other green crap, are the same ones dead set against nuclear and fossil fuel generated electricity.

You can't burn cow farts. And the Sun doesn't always shine, and the wind doesn't always blow. And that will NEVER change. Regardless of how much the greenies love to fantasize.

 

[brianl703]

You're dreaming. The electrical grid is overtaxed as it is. Blackouts and rolling brownouts are everywhere.

Not here.

When my power goes out, on the rare occasion it does, the cause is weather or a vehicle accident.

 

[zzyzzx]

There are a few guys out there with older LEAFs (and degraded batteries) who just wanted to add a bit each day via on-car solar. They have managed up to 20 miles per day using pretty inefficient setups which may in fact be just fine for urban retirees!

 

[billt460]

Not here. When my power goes out, on the rare occasion it does, the cause is weather or a vehicle accident.

I can say the same thing here. But we are in the minority.

https://www.washingtonpost.com/loca...-electricity/2012/08/01/gJQAB5LDQX_story.html

https://www.wsj.com/articles/americas-power-grid-is-increasingly-unreliable-11645196772

 

[brianl703]

I can say the same thing here. But we are in the minority.

I think some states are more prone to rolling blackouts. And I think it has to do with that state's energy policies.

 

[billt460]

I think some states are more prone to rolling blackouts. And I think it has to do with that state's energy policies.

It is because of an increasingly aging, inadequate power grid. Yes, you can't blame some of that on politics. Along with pushing a "green" political agenda before it's ready for prime time.

But it really doesn't change anything. The fact is we need more electricity in many areas of the country, than we are capable of reliably producing. And it's going to get much worse, before it gets any better. And EV's are only going to exacerbate this problem. They really couldn't get popular at a worse time.

 

[Racer4]

Here in Raleigh,NC Duke is charging $.1065 per kilowatt hour . I pay $118.32 monthly on a equal pay plan.

 

[billt460]

Housing market, unlike in 2008, is strengthened by real money.

Is it? The housing market is tremendously over inflated, and very unstable as a result. I purchased my home less than 3 years ago. Since then it's value has gone up over 100%. Where is the actual legitimate value? It's just not there.

Lumber, concrete, drywall, and other building materials have gone up, but not anywhere near 100% in less than 3 years. Same with labor. The fact is today, if people start borrowing on this over inflated equity, even if they have their home paid for, they could easily find themselves in the same exact position that people did in 2008.

Back then they over borrowed on mortgages to pay over inflated housing prices, that were not worth anywhere near what they were paying. Many homes dropped well over 50% in value. Don't think for a second that can't happen again.

It's a big game of musical chairs. And when the music stops, you better have a place to sit down, or you're out of the game. And it doesn't matter what song is playing.

 

[brianl703]

It is because of an increasingly aging, inadequate power grid. Yes, you can't blame some of that on politics

I find it interesting that, of the two power companies around here, the cooperative has better reliability and seems to upgrade their equipment and lines compared to the investor-owned utility.

The investor-owned utility is so unreliable that you see comments like: "Another power outage in perfectly clear weather, must be Dominion Power!"

 

[edyvw]

Is it? The housing market is tremendously over inflated, and very unstable as a result. I purchased my home less than 3 years ago. Since then it's value has gone up over 100%. Where is the actual legitimate value? It's just not there.

Lumber, concrete, drywall, and other building materials have gone up, but not anywhere near 100% in less than 3 years. Same with labor. The fact is today, if people start borrowing on this over inflated equity, even if they have their home paid for, they could easily find themselves in the same exact position that people did in 2008.

Back then they over borrowed on mortgages to pay over inflated housing prices, that were not worth anywhere near what they were paying. Many homes dropped well over 50% in value. Don't think for a second that can't happen again.

It's a big game of musical chairs. And when the music stops, you better have a place to sit down, or you're out of the game. And it doesn't matter what song is playing.

It is demand. We have 30-40 people bidding on one house in CO. And it is fueled especially during pandemic when a lot of people moved from NYC, TX, CA here, and kept working for some companies.
Yes, material got exp, but nothing to do with it.
People in Denver are outbidding each other by $300k. That is where we are, and there is A LOT of cash going around.

 

[Spyderman24_7]

Where's a pipe bomb when you need one, lmaoa?!? Don't think I would drive that turd if I was being paid to do so, let alone the 'free' energy aspect!

 

[tmorris1]

Not here.

When my power goes out, on the rare occasion it does, the cause is weather or a vehicle accident.

Same here. Power is out maybe once a year at most.

 

[billt460]

It is demand. We have 30-40 people bidding on one house in CO. And it is fueled especially during pandemic when a lot of people moved from NYC, TX, CA here, and kept working for some companies.
Yes, material got exp, but nothing to do with it.
People in Denver are outbidding each other by $300k. That is where we are, and there is A LOT of cash going around.

They're idiots. They are just idiots with money. Much like these egomanics that show up at Barrett Jackson, and push the prices on these cars to 200% more than they're actually worth.

It is why if you buy a car at Barrett Jackson, you cannot resell it there for at least 2 years. This is basically what's happening with real estate. People are simply overpaying. That in itself won't increase overall value. Certainly not for long.

Same deal with ammunition. People always want something more when it's in demand, and costs more. When it's not, they have to almost give it away.

As always, the bigger the boom, the bigger the bust..... The 2008 real estate circus, the whole "dot com" fiasco, the list goes on.

 

[edyvw]

They're idiots. They are just idiots with money. Much like these egomanics that show up at Barrett Jackson, and push the prices on these cars to 200% more than they're actually worth.

It is why if you buy a car at Barrett Jackson, you cannot resell it there for at least 2 years. This is basically what's happening with real estate. People are simply overpaying. That in itself won't increase overall value. Certainly not for long.

Same deal with ammunition. People always want something more when it's in demand, and costs more. When it's not, they have to almost give it away.

As always, the bigger the boom, the bigger the bust..... The 2008 real estate circus, the whole "dot com" fiasco, the list goes on.

They are not idiots. A lot of people moved bcs. quality of life and if they make money, they are willing to pay.
CO is bit specific, and if there is correction, it will be similar like CA coast, prices go down, but nowhere near as rest of the country.
I own property close to downtown San Diego. There is no way I am selling that. Even if housing market crashes, San Diego is different ball game. That is similar story with the Front Range in CO. Mountain towns I won’t even take into consideration. They are their own league.

 

[Spyderman24_7]

They're idiots. They are just idiots with money. Much like these egomanics that show up at Barrett Jackson, and push the prices on these cars to 200% more than they're actually worth.

It is why if you buy a car at Barrett Jackson, you cannot resell it there for at least 2 years. This is basically what's happening with real estate. People are simply overpaying. That in itself won't increase overall value. Certainly not for long.

Same deal with ammunition. People always want something more when it's in demand, and costs more. When it's not, they have to almost give it away.

As always, the bigger the boom, the bigger the bust..... The 2008 real estate circus, the whole "dot com" fiasco, the list goes on.

Yep as the old saying goes, something is only worth what some fool (dumbass) is willing to pay.

 

[Spyderman24_7]

They are not idiots. A lot of people moved bcs. quality of life and if they make money, they are willing to pay.
CO is bit specific, and if there is correction, it will be similar like CA coast, prices go down, but nowhere near as rest of the country.
I own property close to downtown San Diego. There is no way I am selling that. Even if housing market crashes, San Diego is different ball game. That is similar story with the Front Range in CO. Mountain towns I won’t even take into consideration. They are their own league.

Paying $300K+ more than actual value is RE-TARD-ED regardless of where it's at. Some things can **** sure stay in CA, CO, etc.