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Wow...look at how the electric rates vary by state!
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Posted by keepitlow (My Page) on Mon, Oct 12, 09 at 9:40
| http://www.eia.doe.gov/cneaf/electricity/epm/table5_6_a.html
WV, LA, KY and WA seem to be the cheapest. Wonder why? |
Follow-Up Postings:
RE: Wow...look at how the electric rates vary by state!
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| Being from Canada I don't know for sure, but is your Hydro governed by the individual States. It may be that it has something to do with the cost of producing electricity. Some States may have cheaper production costs |
RE: Wow...look at how the electric rates vary by state!
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| Does that include delivery costs? Fees? Taxes? All of that is variable as is the cost of electricity. Check out this program we have in IL - you get real time pricing of electricity (and on the site you can see what you are paying per KWH at the exact moment)...we love it so far and have saved a bundle! I believe it is the only program out there like this so far. |
Here is a link that might be useful: Residential Real Time Pricing Program
RE: Wow...look at how the electric rates vary by state!
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Our rates in ND is not too bad. They use a combination of wind power, coal and water. The coal produces very little contamination to the air because when they built the plant many years ago, the stuff that goes into the air, goes into the ground. Also, it is on the surface and when they are done, the land is turned back into farming products.
Ca is high because of what happened many years ago when the wind farms went in. The two major companies PGE and SCE were ordered to buy only from the wind farms, and that money went out of state. Up to then SCE could buy from anyone--wind, water etc so they could keep the rates down. |
RE: Wow...look at how the electric rates vary by state!
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| Real time pricing sounds good on paper, but it favors the monopoly supplier. They tell you when the rates are going to change or go above your threshold and you have to react. That seems overly complicated, especially when most people do not want to spend time programming their machines around the latest electric rates. California got burned with deregulated electricity, and variable (spot) pricing has similar perils. It would be simpler just to have fixed rates for certain times of the day. They already know when the load is going to be high or low based on the time of day and average weather conditions. Our current rates are $.13/kWh in SW Indiana including taxes. Taxes are 7%, so $.121/kWh without taxes. No other fees are added. To make this comparison fair, I checked our June '09 bill and the rate is $.118/kWh. That is 22% higher than the average rate for Indiana from the EIA for June '09. I can't really explain the difference, because most all of our electricity comes from low priced coal. In fact, the utility owns the coal mine and subcontracts out the strip mining and delivery. Our utility does buy some wind power form NW Indiana, and even though it is a small %, that may account for the difference. We also pay a CEO a ridiculous 2 million+ a year for running the monopoly, and that may also account for the higher than average rates. |
RE: Wow...look at how the electric rates vary by state!
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| >>Ca is high because of what happened many years ago when the wind farms went in. The two major companies PGE and SCE were ordered to buy only from the wind farms, and that money went out of state. >> On the contrary, electrical rates by PG&E went up when they declared bankruptcy. They do not buy "only" from wind farms, but from a variety of sources, including hydroelectric, natural gas-fired, and nuclear. Excerpt from Wiki:
"Bankruptcy
With little generating capacity of its own, and unable to sell electricity to consumers for more than it could buy it on the open market, PG&E was forced to enter Chapter 11 bankruptcy April 6, 2001. The State of California bailed out the utility, the cost of which worsened an already bad state budget situation. This played an important part in the eventual recall of California Governor Gray Davis. PG&E emerged from bankruptcy in April 2004, after distributing $10.2 billion to hundreds of creditors. Its 4.8 million electricity customers are expected to pay an average $1,300 to $1,700 each in above-market prices through 2012. PG&E was one of the most profitable companies on the Fortune 500 list for 2005 with $4.5 billion in profits out of $11 billion in revenue." |
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