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+--- Thread: Because of the lovely 'free markets' that repubs like so much, many in TX are going to see $10,000 electricity bills-gct (/showthread.php?tid=253134)
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Re: Because of the lovely 'free markets' that repubs like so much, many in TX are going to see $10,000 electricity bills - JoeH - 02-20-2021
pdq wrote:
[quote=Speedy]
My son who lives in the Rio Grande Valley showed me a recent statement. He pays 8.6¢/kWh. We pay 13.6¢ to my co-op in Minnesota. Yes, Texas is an energy rich state while Minnesota is energy poor but that is still a big difference. A lot of people will put up with a few days without power every few years in order to save money.
Just looked at my most recent bill. We pay 8.8¢/kWh to Xcel here in the (MSP) metro.
:dunno:
Is that your total cost, or just the cost for the electricity from the supplier? With deregulation I get two separate charges based on the number of kWh used, about 9.9¢/kWh for the supplied electricity and 10.3¢/kWh for the delivery. That is a total of 20.2¢/kWh for electricity here in W. MA.
Bringing this back to TX, the town I live in started contracting with suppliers several years ago to buy electricity in bulk for town residents. Current supplier is Dynegy out of Houston. Perhaps they and their parent company Vistra, also in TX, need to pay more attention to selling within their own state.
Re: Because of the lovely 'free markets' that repubs like so much, many in TX are going to see $10,000 electricity bills - Filliam H. Muffman - 02-20-2021
I'm sorry, I forgot to note which one it was, but one TX power supplier was cackling with glee about a huge payday because they were one of the last suppliers on the line and got a massive payday providing electricity at over $1,000/kWh for a couple of hours (almost 10,000 times their regular rate).
Re: Because of the lovely 'free markets' that repubs like so much, many in TX are going to see $10,000 electricity bills - sekker - 02-20-2021
pdq wrote:
[quote=Speedy]
My son who lives in the Rio Grande Valley showed me a recent statement. He pays 8.6¢/kWh. We pay 13.6¢ to my co-op in Minnesota. Yes, Texas is an energy rich state while Minnesota is energy poor but that is still a big difference. A lot of people will put up with a few days without power every few years in order to save money.
Just looked at my most recent bill. We pay 8.8¢/kWh to Xcel here in the (MSP) metro.
:dunno:
In SE MN, I think our peak electrical charge is $0.11/kWh; might go to .13 during the summer. I’ve been redoing those calculations as I am thinking about the finances to a Tesla solar roof.
Re: Because of the lovely 'free markets' that repubs like so much, many in TX are going to see $10,000 electricity bills - Bill in NC - 02-20-2021
Filliam H. Muffman wrote:
I'm sorry, I forgot to note which one it was, but one TX power supplier was cackling with glee about a huge payday because they were one of the last suppliers on the line and got a massive payday providing electricity at over $1,000/kWh for a couple of hours (almost 10,000 times their regular rate).
Good luck to them collecting...filing bankruptcy is cheaper than paying a $10,000 electricity bill.
Re: Because of the lovely 'free markets' that repubs like so much, many in TX are going to see $10,000 electricity bills - pdq - 02-20-2021
JoeH wrote:
[quote=pdq]
[quote=Speedy]
My son who lives in the Rio Grande Valley showed me a recent statement. He pays 8.6¢/kWh. We pay 13.6¢ to my co-op in Minnesota. Yes, Texas is an energy rich state while Minnesota is energy poor but that is still a big difference. A lot of people will put up with a few days without power every few years in order to save money.
Just looked at my most recent bill. We pay 8.8¢/kWh to Xcel here in the (MSP) metro.
:dunno:
Is that your total cost, or just the cost for the electricity from the supplier?
So. “Energy charge” (“winter”) is 8.8 cents per kWh. “Windsource program” (voluntary, part/all of your electric is from wind) is 3.5 cents (additional) per kWh. “Decoupling adjustment” (?) is 0.3 cents per kWh. Other fixed (non-metered) fees total $18.16/mo for the electric service. Two taxes add $9.10/mo.
I suppose it all adds up, one way or another. But Xcel gets a fair amount of power I think from two 30+ year old nukes and hydro power from Canada. They’re down to only a couple of coal-fired plants, and those are going away.
Re: Because of the lovely 'free markets' that repubs like so much, many in TX are going to see $10,000 electricity bills - RgrF - 02-21-2021
.17 kwh here in LA
Re: Because of the lovely 'free markets' that repubs like so much, many in TX are going to see $10,000 electricity bills - Speedy - 02-22-2021
pdq wrote:
[quote=Speedy]
My son who lives in the Rio Grande Valley showed me a recent statement. He pays 8.6¢/kWh. We pay 13.6¢ to my co-op in Minnesota. Yes, Texas is an energy rich state while Minnesota is energy poor but that is still a big difference. A lot of people will put up with a few days without power every few years in order to save money.
Just looked at my most recent bill. We pay 8.8¢/kWh to Xcel here in the (MSP) metro.
:dunno:
TL;DR: I am absolutely not confident about what I wrote we pay per kWh.
>>>
I was going from memory (always a mistake) about the rate we pay back home in Minnesota. I could not access my statement online because I don’t have my account number and I had never set up an online account. But rates are listed on this page:
https://www.stearnselectric.org/account-services/billing-information/rate/
They are (significantly) lower than what I posted. I contacted a neighbor to get the rate with power cost adjustment but he is visiting family for a week or so. Without my account number I will probably wait until we return and I can look at a statement.
My daughter emails me a copy of the billing page for her Xcel account because I pay it via ACH. She does not send the page with the cost breakdown of kWh, taxes, fees, fixed costs, etc. But it does show the total kWh used and the dollar amount. She pays .1501¢/kWh which, again, includes fees, taxes, fixed costs, etc. which are substantial compared to the amount of electricity she uses (647 kWh on her last January bill). She is probably paying the same or similar 8.8¢ you are. She lives in an area of St. Cloud served by Xcel, we live in an area of St. Cloud served by Stearns Electric. Her total bill was $97.13, our total withdrawn from our bank account last cycle was $145 - and we were gone for the entire cycle with most things shutdown; no lights but our refrigerator, freezer, even internet (for our Ooma) were on as well as our forced air furnace fan which runs 24/7 (gas furnace; the fan runs 24/7 to keep things from freezing anywhere in the house with our thermostat, located in the warmest part of the house, set at 55°).
In this post from two and a half years ago:
https://forums.macresource.com/read.php?1,2298112,2298159#msg-2298159
My rate then was 10.505¢/kWh including any power cost adjustment.