audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Federal Reserve meeting tomorrow and Wednesday. I guess there will be some announcement 2pm on Wednesday and maybe a press conference.
Many people are going to get stung with the change in commodity charges in their gas bill in Southern California.
November 2022:
Gas Commodity 19 Therms x $.65029 $12.36
December 2022:
Gas Commodity 73 Therms x $1.02638 $74.93
January 2023:
Gas Commodity 58 Therms x $3.20110 $185.66
It was quite a month to month jump from $1.02368 to $3.20110.
Federal Reserve meeting tomorrow and Wednesday. I guess there will be some announcement 2pm on Wednesday and maybe a press conference.
Its crazy how egg price has basically tripled in price in a couple years, citing avian flu spread as being the main "culprit", however I doubt supply has been reduced by a 1/3 and/or there is all of a sudden spike in demand.
This is a prime example of how distorted the economy currently is and inflation may have subsided in some areas, but its basically baked into economy where companies continue taking turns raising prices knowing that they can get away with it citing "inflationary times" so the trend keeps going on.
Supply doesn’t have to drop by a third for prices to triple. Not just eggs but any good.
The nations flock size is down about 25% off normal. Three years of low/negative growth mostly due to avian flu is the cause of the price rise in eggs, not greedy egg barons.
https://www.ams.usda.gov/sites/default/files/media/Egg Markets Overview.pdf
Not debating if there is a supply shortage, but basically companies are able to use demand surge/supply shortage + "inflationary times" to dictate the price of the goods they are selling now because the economy has been distorted with uncontrollable inflation.
Our electricity bill has been negative for the since 2012 when we installed our solar panels. We generate about 10.8-11 megawatts and consume about 10 megawatts annually. The ROI was 4.5 years for our system that we paid for with cash.
We live in Southern Indiana - all electric heat pump home and barn. Last year's electricity use was 26.425 Mwh - Be hard to offset that kind of use with solar.
All lights are LED and am looking at possibility switching water heater to heat pump which would cut 1 large use and possibly upgrade builder grade heat pump to a higher efficiency heat pump that would reduce the electric heat strips use in colder weather.
Our electricity bill has been negative for the since 2012 when we installed our solar panels. We generate about 10.8-11 megawatts and consume about 10 megawatts annually. The ROI was 4.5 years for our system that we paid for with cash.
You must live in a state with high electric rates, got a great rates on your panels, have a state that gives financial incentives or any/all of the three.
Payback in FL, so lots of sun and resulting heat to cool in summer, are decades. Saw one estimate for my neighbor who showed 15+ years.
My consumption shows 15 MWh for each of past 2 years. Average bill for each year has been $1600, 2300 sq ft home. At 4.5 years my electric would only be $7200, no way I'm finding anyone to install panels for that price, or even $11k before federal tax incentive. [emoji39].
As a engineer and big DIY, I hate that all of these incentives and rebates only apply if performed by "professionals"
You must live in a state with high electric rates, got a great rates on your panels, have a state that gives financial incentives or any/all of the three.
Payback in FL, so lots of sun and resulting heat to cool in summer, are decades. Saw one estimate for my neighbor who showed 15+ years.
My consumption shows 15 MWh for each of past 2 years. Average bill for each year has been $1600, 2300 sq ft home. At 4.5 years my electric would only be $7200, no way I'm finding anyone to install panels for that price, or even $11k before federal tax incentive. [emoji39].
The last time I ran the numbers on my location in TX the payback estimation was 18+ years. It has been a couple of years so out of curiosity I ran them again and came up with 14+ years, when I'm 90. Pass.Payback in FL, so lots of sun and resulting heat to cool in summer, are decades. Saw one estimate for my neighbor who showed 15+ years.
You must live in a state with high electric rates, got a great rates on your panels, have a state that gives financial incentives or any/all of the three.
Payback in FL, so lots of sun and resulting heat to cool in summer, are decades. Saw one estimate for my neighbor who showed 15+ years.
My consumption shows 15 MWh for each of past 2 years. Average bill for each year has been $1600, 2300 sq ft home. At 4.5 years my electric would only be $7200, no way I'm finding anyone to install panels for that price, or even $11k before federal tax incentive. [emoji39].
I've heard that too. Here's what I found, it really doesn't answer the specific question but does have lots of info on solar and homeowners insurance. Could be a company by company decision and not specific to FL.Not only that, but my neighbor has an array of panels, and his original home insurance company would not insure them. Finally he switched to a company that would, and his insurance is 3 times ours, and our home is 1000 sqft more.
Has anyone else had this problem, it may be a Florida thing?
I'm Central Florida in the Tampa area, serviced by TECO. Still pretty good rates.We would not install a system in Florida. There is far too much cloud cover that would lead to unstable and erratic power generation (at least in South Florida). Also, lightning strikes are not great for inverters. The rates with FPL are pretty reasonable so there is less of an incentive to install panels. I know a few people who live in Wellington Florida who are paying about $350 per month for electricity but for larger than average homes.
Wait, that can't be. I keep reading here that inflation is over.
Not debating if there is a supply shortage, but basically companies are able to use demand surge/supply shortage + "inflationary times" to dictate the price of the goods they are selling now because the economy has been distorted with uncontrollable inflation.
I don't think its a coincidence that the largest egg producer in the US recorded record profits in Q4 of 2022.
https://www.cnn.com/2023/01/13/business/egg-prices-cal-maine-foods/index.html
Basically many companies (see oil companies as well) are taking advantages of the current economic times in maximizing profits (some people call it greed others call it price gouging), either way they are just taking advantage of the current situation at the expense of the consumer.
PS: I have hunch that we'll be seeing record profits for gas companies pretty soon.
Replacement windows are very much oversold as a way to save on heating and cooling, especially since the seals in double-pane windows have a lifetime of no more than 25 years.DW wants to spend megabucks on new windows but the payback is a century... seriously.
Yeah, it seems the smaller the problem the louder people scream about it but YMMV.
Replacement windows are very much oversold as a way to save on heating and cooling, especially since the seals in double-pane windows have a lifetime of no more than 25 years.
Replacement windows are very much oversold as a way to save on heating and cooling, especially since the seals in double-pane windows have a lifetime of no more than 25 years.
Replacement windows are very much oversold as a way to save on heating and cooling, especially since the seals in double-pane windows have a lifetime of no more than 25 years.
Yep. Never buy windows for energy saving. You may save, but not much. Buy them for other reasons.Replacement windows are very much oversold as a way to save on heating and cooling, especially since the seals in double-pane windows have a lifetime of no more than 25 years.