what on earth does electricity cost near you?

[dave1949]

As much as I try and keep up with these things, I totally missed this....

Electricity Prices | OEB

They are optimizing cash flow not only based on Time of Day, but also Time of Year !

I'll leave it at , to stay within forum rules.

Rgds, D.

Your OEB time-of-use prices are all below our fixed rates. Off-peak @ 7.2 cents is more than 50% less.

A 4500 watt storage-type electric heater (those based on heating up a masonry mass) run for 10 hours overnight would cost 4.5 x 10 x $0.072 = $3.24 per day. Or about $98 per month. 4500 watts would be similar load-wise to an electric water heater.

I've never tried one of those heaters. Here is an example of 1,320 watt to 10,800 watt residential units.
Room Units Overview

Their Sizing page shows a 4-6 watt per sqft/hour heat loss for typical construction.
A room 12' x 24' = 288 sqft x 6 watts per hour = 1728 watts/hour.

A 2500 watt storage-type electric heater run for 10 hours overnight would cost 2.5 x 10 x $0.072 = $1.80 per day. Or about $55 per month.

I'm not sure how that stacks up to other heating options. Probably on the expensive side to do a whole house, but could be a reasonable solution to make one room comfortable as an auxiliary.

 

[3930dave]

Back when I was a pup, I remember studying something about Supply and Demand in business class.

We have lots of electrical generating capacity here, even more so as most Manufacturers have been chased out of the province.

Demand is down quite significantly here, that is mostly what these games are about.

I posted that last link as a headsup to ON residents. My overall bill is nowhere near as attractive as those rates might seem.

I'm fairly careful (or so I thought) about On-Peak use, but even so, when I take the total kWh on my last bill and divide by total cost (all Mystery Charges (tm) added in) I'm paying 15.26 cents/kWh. That's before I pay a final 13% HST.

I do hear you Dave.... Is it a Problem or Opportunity ? If I spend my capital, I can help mitigate the alleged system capacity problems that exist here.... at least up till the next time this shell game changes.

Rgds, D.

 

[oosik]

My house here is 100% electric. I used to heat with pellets but now that they are $250/ton its cheaper to turn on my electric heaters. Anyhow, I just checked with our Co-Op electric company and its 6.2 cents per kilowatt hour. I'm pretty sure we still have one of the lowest electric rates in the country - been that way for the 32+ years I've been with the Co-Op.

 

[grsthegreat]

My house here is 100% electric. I used to heat with pellets but now that they are $250/ton its cheaper to turn on my electric heaters. Anyhow, I just checked with our Co-Op electric company and its 6.2 cents per kilowatt hour. I'm pretty sure we still have one of the lowest electric rates in the country - been that way for the 32+ years I've been with the Co-Op.

yup..we share your rate here..its not tiered. Were hydroelectric so its renewable, clean and cheap

 

[oosik]

grsthegreat,

I'm pretty sure we have the same electric co-op - Inland Power and Light. I was so amazed when we came down from Alaska in '82 to find electric rates so low here. Our rates in Anchorage in '82 were right around 26 cents/kw hour. You dry a lot of clothes on a drying rack at that rate.

 

[grsthegreat]

grsthegreat,

I'm pretty sure we have the same electric co-op - Inland Power and Light. I was so amazed when we came down from Alaska in '82 to find electric rates so low here. Our rates in Anchorage in '82 were right around 26 cents/kw hour. You dry a lot of clothes on a drying rack at that rate.

actually we have a different coop, but rates are the same

 

[k0ua]

It is 9.5 cents per KWH here with a $28 minimum bill. I expect it to go up though as we are mostly coal.

 

[bajabum]

Average power rates in the US.
https://www.pacificpower.net/about/rr/rpc.html

 

[Looking4new]

grsthegreat,
You dry a lot of clothes on a drying rack at that rate.

I dry all my clothes either on a drying rack or the clothes line. $0.28/kwh

 

[grsthegreat]

ya, if my rates were close to $0.30 id be looking at installing wind and solar also. but at $0.055 not so much