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Electric rates - "price to compare" question

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dullard said:
It is for that reason that I'm considering doing a small no-inverter solar installation. Basically directly hook up a DC heat pump to a few solar panels on my garage roof and get free heating/cooling supplement from there on out. Something like this: https://www.hotspotenergy.com/DC-air-conditioner/ Saves all the cost on going full solar: the inverters, the batteries, the wiring, the new meter, etc. Everyone recommends against that approach, but the high monthly fixed electric bills just make net metering a much less attractive option for me.
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If you get it in service by the end of this year you get a 26% credit on your income tax bill. You don't get it as a refund you have to have a tax bill to pay it against. I believe this year you can carry a credit into next year.
Next year it goes to 22% and that's the end of the program for residential. If I dump 50k into solar and geothermal heat and solar hot water heating, I'll get an $11,000 credit to go against my income taxes. I might get that much into all those systems on the new house build but I have to have it all into service by the end of 2023. It's going to be an interesting year!
 
Duke Energy in north central FL -

Customer Charge - $12.45 (This is the only "fixed" charge)
Energy Charge - First 1000 kWh - $.08379 per kWh
Over 1000 kWh - $.09266 per kWh
Fuel Charge - First 1000 kHw - $.04469 per kWh
Over 1000 kHw - $.05539 per kWh
Asset Securitization - $.00234 per kHw
------------------------------------------------------------------------------------
So - $.13082 for the first 1000 kWh
$.15039 for any thing over 1000 kWh

Plus assorted taxes, of course 🙄
And here there is no choice of suppliers, one or none.
 
Holy crap could they make that any more complicated? lol. And those prices are crazy high. How can they tell the difference between an EV load and regular load though? Seems odd that there's a distinction. Power factor related maybe?
 
Delivery charges - Cost to deliver your electricity
Basic charge 32 days x $0.03100 $0.99
Baseline credit 605 kWh x -$0.08798 -$53.23
Energy-Summer
On peak 305 kWh x $0.30374 $92.64
Mid peak 155 kWh x $0.30374 $47.08
Off peak 912 kWh x $0.23373 $213.16
Wildfire charge 1,372 kWh x $0.00652 $8.95
DWR adjustment 1,372 kWh x -$0.00208 -$2.85
A/C cycling discount -$61.93
Generation charges - Cost to generate your electricity
Energy-Summer
On peak 305 kWh x $0.21172 $64.57
Mid peak 155 kWh x $0.11350 $17.59
Off peak 912 kWh x $0.08678 $79.14
Other charges or credits
Fixed recovery charge 1,372 kWh x $0.00096 $1.32
Subtotal of your new charges $407.43
State tax 1,372 kWh x $0.00030 $0.41
Your new charges $407.84

Our bill is almost double compared to last year for the same amount of kWh usage. Time for us to go solar.
 
kt said:
Delivery charges - Cost to deliver your electricity
Basic charge 32 days x $0.03100 $0.99
Baseline credit 605 kWh x -$0.08798 -$53.23
Energy-Summer
On peak 305 kWh x $0.30374 $92.64
Mid peak 155 kWh x $0.30374 $47.08
Off peak 912 kWh x $0.23373 $213.16
Wildfire charge 1,372 kWh x $0.00652 $8.95
DWR adjustment 1,372 kWh x -$0.00208 -$2.85
A/C cycling discount -$61.93
Generation charges - Cost to generate your electricity
Energy-Summer
On peak 305 kWh x $0.21172 $64.57
Mid peak 155 kWh x $0.11350 $17.59
Off peak 912 kWh x $0.08678 $79.14
Other charges or credits
Fixed recovery charge 1,372 kWh x $0.00096 $1.32
Subtotal of your new charges $407.43
State tax 1,372 kWh x $0.00030 $0.41
Your new charges $407.84

Our bill is almost double compared to last year for the same amount of kWh usage. Time for us to go solar.
Click to expand...

The real insult is the state tax of 41 cents added on at the end. 😉


I give thanks that mine is so much less complicated.
Electric - Residential
Service from 6/1/2022 - 6/30/2022........................$197.11
Meter No.........Curr Read...............Prev Read.......Billed usage
F346422............70233.....................68823.............1410 KWH
 
Last edited:
1400 KWhrs?

I'm on track to use about 500 even with the heat and AC.


I only cool one room with a window shaker though and all lights are LED ... NO TV at all.
 
Red Squirrel said:
When looking at my bill I find a big chunk of the charges are actually fixed fees. So when rates go up, yeah, it's annoying, because it's not like I'm getting more for it, but in the grand scheme of things it's usually only a few bucks extra. That's how they get you though. A little at a time, but long term it adds up.

I remember when Tim Horton's coffee was closer to a dollar for a large and a donut was 99 cents. Now it's over 2 bucks for a coffee and close to 2 bucks for a donut. More if it's a "specialty" one. The quality sure as hell has not gone up either.
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Insert "Dunkin" in place of Tim Hortons and it's the same thing around here.

🙁



And on-topic fortunately electric is part of my rent so I don't have to deal with a bill directly at the moment. (there are a few advantages to not owning the place!)
 
allisolm said:
The real insult is the state tax of 41 cents added on at the end. 😉


I give thanks that mine is so much less complicated.
Electric - Residential
Service from 6/1/2022 - 6/30/2022........................$197.11
Meter No.........Curr Read...............Prev Read.......Billed usage
F346422............70233.....................68823.............1410 KWH
Click to expand...
That state tax is a real insult but least of our problem.

I can't remember when the last time we had such simple rate plan. We have like 3-4 TOU rate plans and 2 tiered rate plans to choose from. Thankfully, we are down to just 2 TOU rate plans once we have solar on our roof.
 
Woah, I thought I used a lot lol. I use around 800kwh or so per month. I do need to actually look into tying solar better into my continuous loads like the servers though as I think I could get that down to like 600kwh. I'd want to do fridge and freezer too so it also doubles as backup. I also need to look at downsizing some of my server stuff. Firewall could be replaced with a much smaller box, and the home automation server could be replaced with a RPI. I'm in money saving mode right now though, so no major purchases, but long term it would make sense to make some of these changes.
 
Here's my National Grid bill in MA. I'm glad I don't use electric for heating.

340kWh for $93.76. Blend rate of ~$0.276. I'm too lazy to check through my history, but my usage has always been between 240-400kWh.


1658361718623.png
1658361740099.png
 
snoopy7548 said:
Here's my National Grid bill in MA. I'm glad I don't use electric for heating.

340kWh for $93.76. Blend rate of ~$0.276. I'm too lazy to check through my history, but my usage has always been between 240-400kWh.


View attachment 64827
View attachment 64828
Click to expand...
My MA National Grid is very similar, except I opted for the 100% green option offered through my city's electric cooperative.

1658362807604.png

1658362910370.png
We typically use ~220-350 kWh/month during a/c season, and ~150-200 kWh/month during non-cooling months (also don't have any sort of electric heating). With all the charges bringing the cost up to ~31 cents/kWh, I'd hate myself if I somehow burned 1000+ kWh in a month - that would be one expensive electric bill at this rate.
 
Brainonska511 said:
My MA National Grid is very similar, except I opted for the 100% green option offered through my city's electric cooperative.

View attachment 64830

View attachment 64832
We typically use ~220-350 kWh/month during a/c season, and ~150-200 kWh/month during non-cooling months (also don't have any sort of electric heating). With all the charges bringing the cost up to ~31 cents/kWh, I'd hate myself if I somehow burned 1000+ kWh in a month - that would be one expensive electric bill at this rate.
Click to expand...
Thankfully electric is extraordinarily cheap here in the south, so even my nearly 3000kWh bill is only around $250.

Basically from June through Sept/Oct the AC runs about 22 hours a day to keep the air in the 70s inside.

I could probably put 5k into the house to insulate and better air seal, 10k into a more efficient AC unit, and 15-20k for new windows to lower the bill to around 100/mo but I don't intend to stay here more than a few more years.
 
It's crazy how behind some places are when it comes to power generation. Some places even still use coal. Coal is literally Titanic age technology, even older.

Unfortunately it does seem the most dirty ways to generate power also end up being the cheapest, which makes no sense, you'd think renewables would be cheaper. Once it's built you don't need to input anything into it other than regular maintenance but that goes for anything.
 
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