what on earth does electricity cost near you?

   / what on earth does electricity cost near you? #551  
Have lots of oak on the property... can't burn in the winter due to spare the air days so most storm fall simply rots as there is no market for burn wood...

Plenty of (actual) market for wood, very little for 25.5cent kwh rates. Different sides of the Spare Air sword.....

Rgds, D.
 
   / what on earth does electricity cost near you? #552  
Like I've said before, the scams around here start at $1 billion......

"That financing structure will cost an extra $4 billion, both the auditor and the financial accountability officer have concluded, as the OPG Trust will have to borrow at a higher rate than the province itself would have."

Ontario government obscuring true financial impact of cuts to hydro bills: AG | National Post

If I needed more motivation to move off-grid, that ^ would be it.....

Rgds, D.
 
   / what on earth does electricity cost near you? #554  
A friend of the folks was a career Utility Executive and mentioned the shift started in the late 1990's and was a definite circle of the drain albeit slowly.

This is when the bills were separated into transmission, generation, etc...
 
   / what on earth does electricity cost near you? #555  
Hmmm..... looks like utilities were a pyramid scheme. Keep getting more people to sign up to cover the cost of the old people.... :laughing:
 
   / what on earth does electricity cost near you? #556  
A friend of the folks was a career Utility Executive and mentioned the shift started in the late 1990's and was a definite circle of the drain albeit slowly.

This is when the bills were separated into transmission, generation, etc...

MBAs looking to justify their salaries are part of what drove that diworsefication (credit - Peter Lynch) away from the original structures that served our parents and grandparents here....... a big part of the money (legal and otherwise) was to be made in the breakups....... standard corporate raider stuff.......

In contrast, the TVA link above puts data around the real-world trends in place - increasing efficiency and off-shoring of heavy industry..... those graphs confirm what I've long suspected.

Rgds, D.
 
   / what on earth does electricity cost near you? #557  
I couldn't agree more... it has been my experience in the medical field where those at the top are Lawyers and MBA...

Old school would be the person at the top knew the business inside out... often the founder or someone that had years of experience in innovation, etc...

The SF Bay Area has some high utility cost when you take the total bill and divide by kWh... to get a cost of kWh.

At work it averages currently about 16.6 cents with monthly usage in the tens of thousands of dollars.

At home there has been some changes but the tier system still penalizes for using more...
 
   / what on earth does electricity cost near you? #558  
The article states that utilities are not for profit. Really, people have been buying utility stocks for decades because they were very dependable and low risk investments but with low returns. Duke Power just go the utility commission to allow a price increase that gives Duke almost a 10% profit.

Later,
Dan
 
   / what on earth does electricity cost near you? #559  
The article states that utilities are not for profit. Really, people have been buying utility stocks for decades because they were very dependable and low risk investments but with low returns. Duke Power just go the utility commission to allow a price increase that gives Duke almost a 10% profit.

Later,
Dan

I don't know the legal status of US utilities well enough to comment. What has happened here with utility structure has been to deliberately create byzantine structures with obfuscation being the primary goal..... I could dig through all this Stygian mess here if I really wanted to, but prefer to frame in my mind what the general trends are.....

Increasing utility costs are typically being targeted to be spread across a declining customer base, consumption wise. You don't need to have an MBA to predict how future on-grid consumer bills will look.... they've just got started with the additional fairy-tale fees.....

Rgds, D.
 
   / what on earth does electricity cost near you? #560  
I couldn't agree more... it has been my experience in the medical field where those at the top are Lawyers and MBA...

Old school would be the person at the top knew the business inside out... often the founder or someone that had years of experience in innovation, etc...

The SF Bay Area has some high utility cost when you take the total bill and divide by kWh... to get a cost of kWh.

At work it averages currently about 16.6 cents with monthly usage in the tens of thousands of dollars.

At home there has been some changes but the tier system still penalizes for using more...

I don't do it often (too hard on my BP meds), but the last time I did the same calculation here it was something like 24 or 25 cents Canadian. It's (very) temporarily lower at the moment - there is a provincial election coming up in June.

Rgds, D.
 

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