Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Cost of Electricity
Old 10-28-2011, 05:28 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
 
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 5,881
Cost of Electricity

Compare your electricity cost with the rest of the USA. Click on your state.

Quote:
People in Hawaii pay the most for electricity, about 33 cents per kWh. A Hawaiian household whose electricity use was around the national average would have a monthly electric bill over $300. The high cost of crude oil used to generate the state's electricity is driving the price, EIA energy economist Tyler Hodge told me.

Idaho had the lowest price, at about 8 cents per kWh. So the typical US household would pay about $73 for electricity each month in Idaho. Hodge says Idaho generates much of its electricity from hydroelectric dams, which require virtually no fuel. Also, the cost of constructing the dams have been spread out over many decades. This all has kept electricity prices in Idaho low.
The Price Of Electricity In Your State : Planet Money : NPR
__________________

__________________
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-28-2011, 05:42 PM   #2
Thinks s/he gets paid by the post
Leonidas's Avatar
 
Join Date: May 2006
Location: Where the stars at night are big and bright
Posts: 2,847
Their info is dated for my part of Texas. I could buy at 7.6 cents per kWh on a 3-month contract, 8.1 for 6-months, and 8.9 cents for a year. My 1-year contract, that I renewed just a few months ago, is 9.5 cents. If the current prices keep getting cheaper I likely will pay the penalty to break the contract and switch.
__________________

__________________
There is no pleasure in having nothing to do; the fun is having lots to do and not doing it. - Andrew Jackson
Leonidas is offline   Reply With Quote
Old 10-28-2011, 05:57 PM   #3
Full time employment: Posting here.
NYEXPAT's Avatar
 
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 880
12 cents here ( no heating or cooling costs) so I average about $80.00 a month for a family of 6 with 6 TV's/4 computers and a lot of those hair straightener thingys!
__________________
NYEXPAT is offline   Reply With Quote
Old 10-28-2011, 06:13 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Jan 2006
Posts: 2,972
This is the time of year I really hate. My electricty costs go from ~$50/mo May-Sept. to ~$150-$250/mo Nov-Mar. My lowest KWH/mo in this home has been 272 and the highest 1842. Wisconsin winters suck. I'm sure those of you in Texas or Florida are the opposite.
__________________
aaronc879 is online now   Reply With Quote
Old 10-28-2011, 06:19 PM   #5
Thinks s/he gets paid by the post
JPatrick's Avatar
 
Join Date: Jun 2005
Posts: 2,494
The good news for the Hawaiians is having those jalousies
that can be adjusted for FREE!
__________________
JPatrick is offline   Reply With Quote
Old 10-28-2011, 06:22 PM   #6
Thinks s/he gets paid by the post
 
Join Date: Mar 2010
Location: Kerrville,Tx
Posts: 2,718
JUst about .09 per kwh in a municipal utility area in Tx it was .10 for 4 months after the blackouts to pay for the expensive electricity during that time.

Btw note that in Hawaii the price varies greatly between Oahu and the neighbor islands, since they have smaller loads, and are more likley to be diesel powered. On Kauai for a residence its now .419 and on the Big Island its about $.42 (The price there depends on the amount used).
__________________
meierlde is online now   Reply With Quote
Old 10-29-2011, 12:59 AM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,385
Quote:
Originally Posted by aaronc879 View Post
This is the time of year I really hate. My electricty costs go from ~$50/mo May-Sept. to ~$150-$250/mo Nov-Mar. My lowest KWH/mo in this home has been 272 and the highest 1842. Wisconsin winters suck. I'm sure those of you in Texas or Florida are the opposite.
You can't get natural gas in your location?

ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Ouch Again
Old 10-29-2011, 06:57 AM   #8
Recycles dryer sheets
Col. Klink's Avatar
 
Join Date: Jul 2011
Posts: 56
Ouch Again

Once again in Connecticut I am paying up the rear end 2nd highest cost of electricity in the nation. Once my #2 kid graduates from UConn and I am at a decision point about ER, one things for sure... it will be time to move somewhere else. Too bad, lots to see and do in CT and New England as a whole, but it sure is costly to live here.
__________________
Col. Klink is offline   Reply With Quote
Old 10-29-2011, 07:01 AM   #9
Recycles dryer sheets
 
Join Date: Aug 2006
Posts: 60
living in CT .18.1, 2nd highest in the country. Looking at the map you can see why new business does not move into the Northeast, it's just cheaper every where else.
__________________
DektolMan is offline   Reply With Quote
Old 10-29-2011, 08:31 AM   #10
Thinks s/he gets paid by the post
zinger1457's Avatar
 
Join Date: Jul 2007
Posts: 1,452
Quote:
Originally Posted by adum4277 View Post
living in CT .18.1, 2nd highest in the country. Looking at the map you can see why new business does not move into the Northeast, it's just cheaper every where else.
MA, NH, ME and VT have some of the lowest unemployment rates in the country. They must be doing something right to attract and keep business.
__________________
zinger1457 is offline   Reply With Quote
Old 10-29-2011, 09:42 AM   #11
Recycles dryer sheets
Bram's Avatar
 
Join Date: Dec 2006
Posts: 214
I'm never sure whether, or not, some of these comparisons don't have an apples/oranges factor.

We just got our monthly bill today & used 554 kwh for a $65.99 charge. That = 11.9 /kwh.
However, they state on the bill to comparison shop the price, you'd need to get a price lower than 7.2 /kwh (a figure which is apparently derived from only the "Generation" + "Transmission" charges). $40/554kwh=0.072/kwh

The OP's link says that Ohio's price is 11.2 /kwh. So am I comparing 11.2 to 7.2 -or- to 11.9??
Are we comparing only Generation & Transmission, & leaving out the "Distribution Service" & "Customer Charge" (whatever that entails?) & along with whatever else might be added to your personal electric bill when I compare Ohio (cost per kwh) to say Hawaii (cost per kwh) or any other state or person's kwh costs??

Exerpt from my AEP bill:

Tariff 022 - Residential Service 10/28/11
Service Delivery Identifier: XxxxX
Generation Service $ 34.85
Transmission Service 5.15
Distribution Service 22.17
Customer Charge 3.82
Current Electric Charges Due $ 65.99
Current Budget Amount Due $ 94.00
Total Account Balance $ -47.34
Total Amount Due $94.00

Price-to-Compare: For tariff 022, in order to save you money a new supplier must offer you
a price lower than 7.2 cents per KWH for the same usage that appears on this bill.
__________________
.
.

Every step of the journey is the journey.
Bram is offline   Reply With Quote
Old 10-29-2011, 09:48 AM   #12
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
Here, in eastern PA, the rates (not taxes) are conbined in generation, transmission, and distribution charges:

Distribution: 3.32300000 per kWh
Transmission: 0.75200000 per kWh
Genration: 7.68300000 per kWh

Take your pick on the rate you wish to measure/compare...
__________________
rescueme is offline   Reply With Quote
Old 10-29-2011, 10:14 AM   #13
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,887
I paid 10.18 cents/kWh this month if everything (including Fuel Adjustment Charges and hurricane charges) is included.

I paid 5.84 cents/kWh this month if only the "energy charge" is included.

The average charge in Louisiana is supposed to be 8.9 cents/kWh according to the article.

My electric bill goes down to around $20/month in mid-winter, since I have gas heat (so my natural gas bill goes up instead). The electric bill is highest from June through September due to air conditioning.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 10-29-2011, 10:30 AM   #14
Recycles dryer sheets
 
Join Date: Feb 2011
Posts: 200
I like our bill. The electric company sends US a check for about $50 every month.

We have solar panels...
__________________
PaddyMac is offline   Reply With Quote
Old 10-29-2011, 10:33 AM   #15
Thinks s/he gets paid by the post
 
Join Date: Jan 2006
Posts: 2,972
Quote:
Originally Posted by haha View Post
You can't get natural gas in your location?

ha
My condo has electric baseboard heat. No furnace, so no choice of using natural gas. People in this area who have furnaces(like my parents) do use natural gas.
__________________
aaronc879 is online now   Reply With Quote
Old 10-29-2011, 10:34 AM   #16
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
Quote:
Originally Posted by PaddyMac View Post
I like our bill. The electric company sends US a check for about $50 every month.

We have solar panels...
And how many years till you are equal in the amount you "invested" in solar panels, along with the time you will actually spend residing in your home?

Not to be contrary, but we investigated (for our home) and at our age, the cost was much more than we would ever get back to cover the cost of the panels.

Just wondering...
__________________
rescueme is offline   Reply With Quote
Old 10-29-2011, 10:50 AM   #17
Recycles dryer sheets
 
Join Date: Feb 2011
Posts: 200
RE solar panels: We expect to live in this house for at least 10-15 years (we just moved in in 2008). We reckon we'll have paid for them in about 9 years. Our electric bill used to be around $100. But, after 13 years, the electric company no longer has to pay us for the electricity we generate for ourselves, just the amount we put back on the grid. We jumped in during 2009 when we found out that the electric company were going to stop being so generous and we couldn't count on all the tax credits ($8K credit from federal income tax) being around forever. The cost of solar keeps dropping, so it's worth looking into occasionally if you plan on staying put for a bit. If the cost of electricity increases to the point where we are paying a bill, we can add more panels in the future at what will likely be far less cost (there's plenty of space on the roof).
__________________
PaddyMac is offline   Reply With Quote
Old 10-29-2011, 11:06 AM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,385
Quote:
Originally Posted by zinger1457 View Post
MA, NH, ME and VT have some of the lowest unemployment rates in the country. They must be doing something right to attract and keep business.
Education.
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 10-29-2011, 11:18 AM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,385
Quote:
Originally Posted by aaronc879 View Post
My condo has electric baseboard heat. No furnace, so no choice of using natural gas. People in this area who have furnaces(like my parents) do use natural gas.
Yes, that is typical of condos. So I guess your electric bill is higther in winter than summer?

My new place also has electric resistence heating, as radient heat in ceiling. Not ideal, but I hope OK. Our rates are very low in Seattle. In my apartment we have a boiler, and I pay $65/mo for heat, water, hot water and trash hauling. So my eletric bills have been only $18-$24/2mos.


Schedule RSC is for residential City customers


ENERGY CHARGES:
First 10 kWh per day at 4.61 per kWh Summer Billing Cycles
(April - September)


First 16 kWh per day at 4.61 per kWh Winter Billing Cycles
(October - March)


All additional kWh per day at 9.56 per kWh

Base Service Charge: 11.55 per meter per day
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 10-29-2011, 11:33 AM   #20
Thinks s/he gets paid by the post
 
Join Date: Jan 2006
Posts: 2,972
Quote:
Originally Posted by haha View Post
Yes, that is typical of condos. So I guess your electric bill is higther in winter than summer?

My new place also has electric resistence heating, as radient heat in ceiling. Not ideal, but I hope OK. Out rates are very low in Seattle.


Schedule RSC is for residential City customers


ENERGY CHARGES:
First 10 kWh per day at 4.61 per kWh Summer Billing Cycles
(April - September)


First 16 kWh per day at 4.61 per kWh Winter Billing Cycles
(October - March)


All additional kWh per day at 9.56 per kWh

Base Service Charge: 11.55 per meter per day
Wow, .0461 per kWh? We pay .1297, that's almost 3X what yours costs and we need to use A LOT more in the winter. Luckliy I have a higher tolerance for heat so my summer bills are far below others in this area. My overall average for the year is $100/mo which, according to the companies website, is barely half the cost of comparable homes in my area.
__________________

__________________
aaronc879 is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
cost basis ripper1 FIRE and Money 20 10-26-2011 08:30 AM
Milevsky: What Does Retirement Really Cost ? chinaco FIRE and Money 71 10-14-2011 05:05 AM
Mutual fund cost basis election form Delawaredave5 FIRE and Money 4 10-06-2011 12:02 PM
Average Cost of Living by US States nico08 FIRE and Money 14 09-14-2011 11:21 AM
How much would it cost annually to live simply in Middlesex County (Central) New Jers nico08 FIRE and Money 8 07-21-2011 10:58 AM

 

 
All times are GMT -6. The time now is 11:02 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.