I just found out on tonight's news, the 6.6 cent company is solely a distribution company. No wonder. They used to generate. They also owned the plant near my house.
The news was a new wind generation company offering reduced rates.
Greg
That would certainly seem more cost effective to install there.
Greg
I was referring to duquesne light in Pittsburgh costing more. I used to live in an area serviced by them. After moving, I though my meter was giving me a break. I got to compare bills from the two companies, mine, west Penn power, or first energy. Used to have allegheny power. It's frustrating living across the street from people paying far less. That used to be me.
Greg
$.08/kWh = everything except garbage.
But the money you spent for your panels, invertors and grid-tie will never be recouped in the remainder of your lifetime.
So your net electricity cost is higher than anyone else posting here.
Except here in Canada, where we use the ultra-safe Candu reactor design, of which there are several in operation in other countries like India and China.
I'd happily pay that bill if you pay mine. Our rate here totals about 18¢. Of that 10¢ is generation, the rest distribution and other charges.
Here in a mid-sized city in Ontario (Canada) where the electricity provider is a city-owned company, the raw cost is 6.8 cents for the first 600 kwh, then 7.9 cents for anything above that. The "delivery" charge seems to amount to 3.5 cents per kwh. A few other charges (one of which is sales tax) typically amounts to an additional $10 to $20.
My last bill said I used 1274 kwh (according to the meter). An "adjustment factor" of 1.0409 is applied to that number (supposedly to account for line losses) and that results in a billed usage of 1326 kwh. For that I paid a grand total of $165, which equates to a cost of
12.4 cents per kwh.These are Canadian dollars and cents, which for the better part of the past year or three are at least exactly equivalent to (if not 2 to 5% more valuable than) US dollars and cents.
This billing period is actually from mid-june to mid-july. I expect my next bill to be about the same. This is about double the amount of electricity I used in May or October (my two lowest-usage months). My climate is pretty much the same as Chicago, Detroit, Toronto, Buffalo or Cleveland.
I have my thermostat set for no higher than 74F during this time, and my
36-year-old furnace fan is running at least 75% of the time during this billing period. I'd say that for 25% of this time-frame, my thermostat is set for 72F, and the other 75% of the time it's set at 74F.Is anyone putting all this info posted in this thread into a spread sheet?
Well it shows here $3.75/US gallon. Where do you get $0.456/US gallon? Or do you live in Venezuela?
We only pay 8% tax on domestic fuel. (Nat. gas/electricity.) And you will be paying more tax too in order to finance your rich people. Fuel is ans obvious target, also it is imported It will compel you to be economic instead of so wastefull as you are now.
We also have hydro power and cheap natural gas. However, like you the cheap natural gas is running out. The Russians have lots. They are just biding their time.
I can see you are not clever enough to grasp the scale of the problem. Things will go on as before eh? I don't think so.
Today is Armageddon day by the way.
It is a government (scocialist;-) scheme. I don'tknow how the economics would be in the USA.
I get a 12% return on capital.
How is that worse than leaving it in the bank to rot when inflation is over
3% and the best return is 2% in the bank here?My electricity bill is cut by almost a half too, (I have to use some at night andin bad weather when the panelo is not working.)
Standard practice int he UK. I buy/sell electricity to "British Gas". They buy wholesale & sell it on.
Generation, distribution and sales is all different companies here.
"harryagain" wrote
Read it again, Harry. the TAX is 45¢
Since you're in the UK, your geographic latitude and your climate (cloudy a fair bit is my assumption) means that you've either spent a fortune on panels (and ergo you have a large house and/or property and/or you've cut down all your trees), or you take great pains in your personal / home life to use as little electricity as possible. Or some combination thereof.
It's still not a bargain that on balance makes much sense.
But at what cost? To you? In terms of lifestyle? In terms of up-front capital?
You did not speak to that point.
Highly unlikely.
Assuming you've spent a conservative $50,000 (US dollars) for your PV system, in order to generate a 12% return ($6k per year) the panels would have to supply you with the equivalent of $500 per month.
Are you factoring in the cost of maintainence and repair? Invertors are expensive and don't last forever.
What does your electricity utility pay you for the power you feed into their system? For how many years are you garanteed that rate?
Again, based on your climate and geography, you must take great pains to live a spartan life, conserving every last bit of electricity in order to make that claim.
That is for the TAXES, just like the duty rate and VAT on the English example above it.
Now that power in PA is deregulated, maybe you can shop around for a better rate supplier? Check out PA Public Utility Commission's site, they actually have a page for Duquesne Light, where you pick which type power you want (residential?) and a number of suppliers come up:
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Funny thing here in Pittsburgh, we got miles and miles of rivers, and no hydro. They do have new turbines that need little or no channeling, or drop.
Greg
"DA" wrote
I did it here in CT a couple of y ears ago. Simple to do.
There are many brokers buying and reselling power, all making a tiny bit on every transaction. Brokerage houses buy power, add a profit and take away some of the savings that potentially could go to you. Deregulation made a handful of people very wealthy taking your money.
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