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John McGaw John McGaw is offline
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Default How much are you really paying for electricity?

On 3/14/2012 11:44 AM, Mark Lloyd wrote:
On 03/14/2012 08:56 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.


That's the way I figure it (amount of bill / amount used). I skip all the
fake costs (before the add the many fees and taxes). Like your example,
there can be a big difference between what they say the rate is and what it
actually is.



I guess mine is too easy to be true. For electric service there is an $11
'basic service' charge and a $114.46 'electric kWh' charge. The bill I'm
looking at shows 1376 kWh used giving a per-kW cost of $0.0832 (or about
$0.0912 if you look at it the other way. Pretty cheap compared to most of
what I've seen here. Total utility bill for electric, gas, water, and waste
was $210.05 on the last one received covering February and the beginning of
March for a 2400sf 3BR brick home.