OVERKILL
$100 Site Donor 2021
What was the total kWh consumed and the total price of the bill? If we use mine:
1,441kWh at $206.27, the all-in price per kWh is $0.143/kWh.
Insane Electric Rate Increase $508.68/1522 kWh
- Thread starter gathermewool
- Start date
1,441kWh at $206.27, the all-in price per kWh is $0.143/kWh.
OVERKILL
$100 Site Donor 2021
I mean, objectively, this is the natural byproduct of the policies. Operating a grid has costs, operating power plants has a cost. These costs are covered by consumption; by demand. So, if you start handing out contracts to your customers that allow them to not only be generators, but compensated outrageously for the privilege, you not only have to cover THAT cost (the compensation), but now you have less consumption overall over which to spread your other costs, which means the fees levied against the ratebase must necessarily increase in order for you, as a utility, to remain solvent.
It's long ago enough now that it has been widely forgotten, but originally, electricity was generated locally and only transmitted short distances. Consolidation and construction of massive generating complexes and dense transmission corridors was done because it was more cost effective; could deliver less expensive electricity. We are now being sold on the idea that a return to these "micro-grids", which obviously lack economies of scale and require backups, either in the form of existing grid-connected gas plants or locally co-located gas or diesel generators, will somehow work contrary to this, making electricity cheaper, and yet everywhere we look, that has not been the case. California's NEM/NEM2 boondoggle is clearly near the top of the list, with their eyewatering consumer rates, but Germany, the UK, Denmark, Australia, electrification (which was supposed to be the goal) is extremely challenging because the costs of electricity are obscene.
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Sure operating the grid has costs,
Data Year: 2024
As President and Chief Executive Officer of FPL at NEXTERA ENERGY INC, Armando Pimentel Jr. made $10,992,030 in total compensation. Of this total $1,000,000 was received as a salary, $1,970,000 was received as a bonus, $1,199,996 was received in stock options, $6,532,879 was awarded as stock and $289,155 came from other types of compensation. This information is according to proxy statements filed for the 2024 fiscal year.
President and Chief Executive Officer of FPL
I mean, I want a free market, but utilities are not that. When they can force you to pay for something you neither want nor use, that's a whole different ballgame.
Utility CEOs received $3.2 billion in executive compensation from 2017 – 2022
https://energyandpolicy.org/utility...ion-in-executive-compensation-from-2017-2022/Data Year: 2024
As President and Chief Executive Officer of FPL at NEXTERA ENERGY INC, Armando Pimentel Jr. made $10,992,030 in total compensation. Of this total $1,000,000 was received as a salary, $1,970,000 was received as a bonus, $1,199,996 was received in stock options, $6,532,879 was awarded as stock and $289,155 came from other types of compensation. This information is according to proxy statements filed for the 2024 fiscal year.
President and Chief Executive Officer of FPL
I mean, I want a free market, but utilities are not that. When they can force you to pay for something you neither want nor use, that's a whole different ballgame.
GON
$150 Site Donor 2025
The text I just received. Lobbyists in action. Timing is uncanny.
Hi GON,
It's Glen from Solar United Neighbors Action. The House has passed a budget that eliminates solar tax credits. We need you to contact your Senators and tell them to SAVE SOLAR ACCESS. It only takes 30 seconds. Email your Senators now: https://links.impactive.io/t/rwuin4jb. Stop2Quit
Hi GON,
It's Glen from Solar United Neighbors Action. The House has passed a budget that eliminates solar tax credits. We need you to contact your Senators and tell them to SAVE SOLAR ACCESS. It only takes 30 seconds. Email your Senators now: https://links.impactive.io/t/rwuin4jb. Stop2Quit
OVERKILL
$100 Site Donor 2021
This was always going to be the result of deregulation, making utilities for-profit enterprises beholden to shareholders, not the people they are providing electricity to. That's why the lowest prices are generally from vertically integrated utilities that are publicly owned and not "free market".
That said, driving up the OPEX for these utilities, public or private, is definitely not a path to cheaper electricity, regardless of how their executive compensation rubs you.
What are you being forced to pay for that you neither want, nor use?
So the objection is to the federal tax implications of the incentives and the tax code. Not the same as "regulation". of the solar industry affecting all 50 states...
Just a comment on the links that were to "enlighten" me:
Everything California Solar Mandate on, with an AB or SB, is California specific, and has little to do with all 50 states.
The SOLAR act is actually a bill in opposition to solar farms being placed on certain agricultural lands. Having been involved in solar farm permitting, its amazing how in opposition neighboring farmers are to their neighbors pursuing a different form of solar harvest than traditional agricultural crops. I certainly would not put this one in the bucket of being in favor of or promoting solar energy...
Everything California Solar Mandate on, with an AB or SB, is California specific, and has little to do with all 50 states.
The SOLAR act is actually a bill in opposition to solar farms being placed on certain agricultural lands. Having been involved in solar farm permitting, its amazing how in opposition neighboring farmers are to their neighbors pursuing a different form of solar harvest than traditional agricultural crops. I certainly would not put this one in the bucket of being in favor of or promoting solar energy...
Our utility is publicly traded… they're also the second most expensive in the entire state at over 19c/kwh.
A few years ago they were shouting about how renewables and closing their coal and gas plants would will save us (the consumers) money. Now? It drizzled for 5 seconds and I lost power today.
Just got our bill for the month of May. We never open our windows, HVAC is never shut off.
New home 2022, new homes very efficient, also we downsized to 1800 sq ft now that it is just my wife and I. Still impressive though. Our HVAC is always "on" whether heating or cooling.
In our last home in the state next door (South Carolina) 3000 sq ft the bills were not much higher. maybe 30%. The electric co-op sends us money every March for unused money collect from us but never needed to be used. Checks are typically $50 or so. They will continue to send them until they have returned another $875 over the coming years.
I heard Blackrock owns your electric company, no wonder. (Joke)
$204.60 for 2,280 kWh last month here.
$0.0897/kWH. We were on winter rates which are cheaper in May so it’ll go up next month. No rebates or coop checks coming my way though.
6k SF, pool pump and an EV. Although temps were very mild last month so not a ton of AC usage.
I just did the math, $1.45 in electric for my 57 mile round trip work commute.
A little background on me and why I am so thrilled with our rates. Born, raised, most of my life on Long Island, NY
When we left almost 20 years ago electric was 20 cents kWh because we built a nuclear power plant on the island, then once completed and in low power testing, politicians closed it down. Excuse was bent to placate voters on the east end. Unsafe evacuation area.
So they spent 5 billion dollars building it, finishing it and another 2 billion shutting it down. Rate payers paid for this fiasco and I think still are.
We moved south, double the sq footage, 1/10 the property taxes and half the utility costs.
I can see by your location you are used to that.
BTW! I have a Niece and her family who moved to MO just around 2 years ago. Her husband is a CEO of some company there.
They have a nice house too. Though I dont think 6000 sq ft! but I assume very nice as their last house was in another state.
We’ve been away for 5 weeks. My electric and gas bills came yesterday:
Electric: -$346 (solar panel production credit)
Gas: $29.16
A good month.
Electric: -$346 (solar panel production credit)
Gas: $29.16
A good month.
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They own mine
OVERKILL
$100 Site Donor 2021
Not bad at $0.174/kWh all-in.
Yeah, I look at rates the same way. It would be good if everybody took their kWh divided by their actual payment for the month.
I can’t understand some of the electric bills that I see posted in here, with so much criteria to decipher
I guess easy to do if the whole bill is posted. I get confused sometimes LOL
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