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Jim Elbrecht Jim Elbrecht is offline
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Default How much are you really paying for electricity?

On Wed, 14 Mar 2012 07:44:18 -0700 (PDT), Bob123
wrote:

On Mar 14, 7:56 am, Edge wrote:
In northern Illinois where I live, electricity is provided by ComEd.
However ComEd is really two companies. One delivers electricity and
the other generates electricity. In my last bill, that portion that
was billed for "Electricity Supply Services" accounted for only 55
percent of the total bill. As the guy who writes the checks, the
simple formula I use is Total Cost / kWh. This comes out to $0.149 per
kWh. On the bill the stated cost of a kWh is only $0.06968.


I agree with your assessment as far as your bill goes. However,
if you use ONE additional kwh, what is the additional cost ? I bet
it works out to .069 cents.


Not in my neck of the woods. Here's my breakdown- [National Grid-
upstate NY]
It cost me $185.59 for 1493kWh
Basic service- 15.21
Delivery .05973x1493=80.59
[then + $2 or so for a series of adjustments, assessments, word
salads, taxes and tariffs]
Supply .04633 x 1493 -- $69.17
[and a merchant function and 'ESRM' based on kWh- $8.15]
plus sales tax $3.

So, although they can honestly say they are charging 4.633 cents per
kWh -- I am paying about 12.4 cents-- and will pay most of that if I
use one more kWh.

[and I'm not complaining-- The power grid should be a benevolent,
well regulated monopoly, IMO.]

Jim