Home |
Search |
Today's Posts |
|
Home Repair (alt.home.repair) For all homeowners and DIYers with many experienced tradesmen. Solve your toughest home fix-it problems. |
Reply |
|
LinkBack | Thread Tools | Display Modes |
#1
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
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. |
#2
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On 3/14/2012 9:56 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. Thats pretty common and standard practice after utilities were deregulated. Our NG bill is in the same format, so much for the gas and then so much for the cost of delivering it. |
#3
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
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. In my area, the bill has a "fixed" cost, whether I use any or not, and a "useage" cost, which is based on the number of kwh I use. If I use NO electric power for that month, my cost per kwh using your reckoning would be infinite. It's not unfair, just ambiguous. A power company has to cover it's fixed cost whether you turn on your lights or not, since you want it to always be at the ready. I think 14.9 cents per kwh is a bit on the high side, but not unreasonabley so. |
#4
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 9:44*am, Bob123 wrote:
On Mar 14, 7:56 am, Edge wrote: 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. The distribution cost on my bill is also based on the number of kWh used. It goes up with usage. It is not a fixed cost. Anyway, the reason I brought this topic up was an article that I read comparing cost/mile driven in an electric car versus a gasoline powered car. The advocates of electric cars used the nominal cost of a kWh to make it appear that electric cars are much cheaper to operate. (In my case, .069 vs .149). Also when I fill up my car at the gas station, I know that a large portion of a gallon of gas goes to taxes and a road repair fund. Are owners of electric cars getting a free ride on this also? |
#5
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
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. Hi, Same here in Alberta. 7 cents/Kwh but there are so many this and that charges, real billed price is ~double that. Same with water. They keep inventing new service charges to add. |
#6
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
"Edge" wrote in message ... On Mar 14, 9:44 am, Bob123 wrote: On Mar 14, 7:56 am, Edge wrote: 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. The distribution cost on my bill is also based on the number of kWh used. It goes up with usage. It is not a fixed cost. Anyway, the reason I brought this topic up was an article that I read comparing cost/mile driven in an electric car versus a gasoline powered car. The advocates of electric cars used the nominal cost of a kWh to make it appear that electric cars are much cheaper to operate. (In my case, .069 vs .149). Also when I fill up my car at the gas station, I know that a large portion of a gallon of gas goes to taxes and a road repair fund. Are owners of electric cars getting a free ride on this also? Yes, those few owners of totally electric cars are not paying any road taxes as they are collected at the gasoline pump; but they are paying taxes on their higher use of electricity. The tax laws will have to be revised to correct the imbalance at some point, but similar things happen when you buy merchandise on line and pay no sales taxes vs. buying at a local store where sales taxes are added. Because of deregulation, electric rates are no longer fixed, but vary month-by-month with a generation charge and fees plus a transportation/service charge and fees. Take your total bill and divide by the kWh that were used to find your rate for the month. That's the true rate because that's what you actually pay. Tomsic |
#7
Posted to alt.home.repair
|
|||
|
|||
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 |
#8
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On 3/14/2012 10:09 AM, Edge wrote:
On Mar 14, 9:44 am, wrote: On Mar 14, 7:56 am, wrote: 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. The distribution cost on my bill is also based on the number of kWh used. It goes up with usage. It is not a fixed cost. Anyway, the reason I brought this topic up was an article that I read comparing cost/mile driven in an electric car versus a gasoline powered car. The advocates of electric cars used the nominal cost of a kWh to make it appear that electric cars are much cheaper to operate. (In my case, .069 vs .149). Also when I fill up my car at the gas station, I know that a large portion of a gallon of gas goes to taxes and a road repair fund. Are owners of electric cars getting a free ride on this also? Oh, just wait till the politicians start howling for road use taxes for electric vehicles. I know that some states require all interstate trucks to have receipts showing that fuel was purchased in that state when the truck goes through a weigh station. TDD |
#9
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
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. -- Mark Lloyd http://notstupid.us "I am treated as evil by people who claim that they are being oppressed because they are not allowed to force me to practice what they do." [D. Dale Gulledge] |
#10
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Wed, 14 Mar 2012 06:56:45 -0700 (PDT), 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. If it makes it less painful, just bend over and take it grin. Most appliances I see which try to calculate electric useage of late, seem to use 10 or 11 cents kWh. You got me curious now to see how much up the _ss I'm taking it of late. I'll try to follow up on this post and report back what I'm paying outside of Houston. We do have a choice of electric providers around here but IMO they don't differ that much. |
#11
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On 3/14/2012 8:29 AM, Tomsic wrote:
wrote in message ... On Mar 14, 9:44 am, wrote: On Mar 14, 7:56 am, wrote: 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. The distribution cost on my bill is also based on the number of kWh used. It goes up with usage. It is not a fixed cost. Anyway, the reason I brought this topic up was an article that I read comparing cost/mile driven in an electric car versus a gasoline powered car. The advocates of electric cars used the nominal cost of a kWh to make it appear that electric cars are much cheaper to operate. (In my case, .069 vs .149). Also when I fill up my car at the gas station, I know that a large portion of a gallon of gas goes to taxes and a road repair fund. Are owners of electric cars getting a free ride on this also? Yes, those few owners of totally electric cars are not paying any road taxes as they are collected at the gasoline pump; but they are paying taxes on their higher use of electricity. The tax laws will have to be revised to correct the imbalance at some point, but similar things happen when you buy merchandise on line and pay no sales taxes vs. buying at a local store where sales taxes are added. unless they're using solar to recharge their cars, in which case, their tases paid could be pretty close to 0, or even negative if they're putting more into the network rather than taking it out. Because of deregulation, electric rates are no longer fixed, but vary month-by-month with a generation charge and fees plus a transportation/service charge and fees. Take your total bill and divide by the kWh that were used to find your rate for the month. That's the true rate because that's what you actually pay. Tomsic |
#12
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
"Edge" wrote in message ...
On Mar 14, 9:44 am, Bob123 wrote: On Mar 14, 7:56 am, Edge wrote: 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. The distribution cost on my bill is also based on the number of kWh used. It goes up with usage. It is not a fixed cost. Anyway, the reason I brought this topic up was an article that I read comparing cost/mile driven in an electric car versus a gasoline powered car. The advocates of electric cars used the nominal cost of a kWh to make it appear that electric cars are much cheaper to operate. (In my case, .069 vs .149). Also when I fill up my car at the gas station, I know that a large portion of a gallon of gas goes to taxes and a road repair fund. Are owners of electric cars getting a free ride on this also? You know that a large portion of, a electric cars of kWh will go on a New Road taxes, for a road repair fund. Now is see why USA GOV. likes electric cars for if you to Poor and do not Owen a car. But we all way be pay that Taxes at a fixed cost, if you have a car your not!!!!!!!!! |
#13
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 8:29*am, "Tomsic" wrote:
...snip.... correct the imbalance at some point, but similar things happen when you buy merchandise on line and pay no sales taxes vs. buying at a local store where sales taxes are added. ...snip.... In California, when you file your state income tax there's a section to voluntarily state the amount of purchases you have made through tax free outlets and you are then required to pay the sales tax for all those items. ....STOP LAUGHING! |
#14
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 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. -- Mark Lloydhttp://notstupid.us "I am treated as evil by people who claim that they are being oppressed because they are not allowed to force me to practice what they do." [D. Dale Gulledge] I don't know who the "they" is that you're referring to. But as someone pointed out earlier, since they reduced some regulation and invited more competition in many places, it's not unusual for the electric to be billed in two parts, one for generation and the other for delivery. You can even choose to buy your electric generation from multiple sources here in NJ. And the bill is perfectly clear and easy to understand. |
#15
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 7:44*am, 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. In my area, the bill has a "fixed" cost, whether I use any or not, and a "useage" cost, which is based on the number of kwh I use. If I use NO electric power for that month, my cost per kwh using your reckoning would be infinite. *It's not unfair, just ambiguous. A power company has to cover it's fixed cost whether you turn on your lights or not, since you want it to always be at the ready. I think 14.9 cents per kwh is a bit on the high side, but not unreasonabley so. Check out that 'fixed' cost. It may be for them to 'make power available', thus when they fail on that contract, you should NOT have to pay. When I lived in California [in one of the mildest climates in the world] we paid approx $300/mo for electricity for two people in a house with gas hot water and heating! one fridge, no freezer. I think they figured out how to charge what the market will bear. The utilities company got so greedy that they quit repariing and fixing their infrastructure, so transformers were blowing up regularly and the slightest windstorm would knock trees down causing power outages. It was a national disgrace - highest rates with the highest number of outages in the US. Anyway, to hype the bill the utilities company started that long list of itemization with one of those charges for "making available" power so everytime one of those tiny winds came up and blew down a tree and we had an outage I DEMANDED A REFUND FOR THAT CHARGE based upon the fact that they had failed to perform and it is illegal in the US to collect for services NOT rendered. I got it, $0.06 credit for the power being off for 24 hours, but once customers started demanding their money back for failure to perform, suddenly there was money to repair the infrastructure and the outages diminished to more acceptable levels. I found out later that the movement to demand refund cost the utitlities company something in excess of several $100,000's every event. Probably included employee time to manually adjust each bill! Now I live in AZ, where the builders seem to think electricity is free! the way they put in appliances, lighting, and stuff! Just noticed that everytime the news starts to carry comments about the high price of electricity, we suddenly have a power outage. Lasts about two hours, just long enough to make you panic and realize WE NEED POWER!, but not long enough time to destroy your food in the fridge, etc. ...and the news stories stop. Now, you just have to ask yourself, "Do I believe in coincidences?" |
#16
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 9:56*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. 2 different items were purchased: Electricity at $0.06968 / kWh Delivery Services at $0.07932 / kWh There's nothing wrong or even misleading on your bill. The cost of a kWh of electricity is $0.06968. When you buy something on eBay, did you pay $50 for the item and $6.95 for shipping or did you pay $56.95 for the item? I submit that you paid $50 *for the item* even though your total cost was $56.95. It may be nothing more than numerical semantics, but since different parts of the purchase may be budgeted for and/or taxed differently, they really do need to be separated out. |
#17
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
"Edge" wrote in message ... 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. With all added extras our cost is $0.1389 per KWH WW |
#18
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 1:07*pm, DerbyDad03 wrote:
On Mar 14, 9:56*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. 2 different items were purchased: Electricity at $0.06968 / kWh Delivery Services at $0.07932 / kWh There's nothing wrong or even misleading on your bill. The cost of a kWh of electricity is $0.06968. When you buy something on eBay, did you pay $50 for the item and $6.95 for shipping or did you pay $56.95 for the item? I submit that you paid $50 *for the item* even though your total cost was $56.95. It may be nothing more than numerical semantics, but since different parts of the purchase may be budgeted for and/or taxed differently, they really do need to be separated out. In at least some places they can also come from different suppliers. Here in NJ you have a choice of several companies that you can choose to purchase the generation portion from. One of them is the regulated utility that also handles the distribution portion. The others are independent companies. So even though the same wires bring the electricity into your house, the source could be one of the new competitors. Like you say, I don't see anything shady or confusing about it. It's very clear on my bill what the two seperate charges are for. |
#19
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
|
#20
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 1:22*pm, "
wrote: On Mar 14, 1:07*pm, DerbyDad03 wrote: On Mar 14, 9:56*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. 2 different items were purchased: Electricity at $0.06968 / kWh Delivery Services at $0.07932 / kWh There's nothing wrong or even misleading on your bill. The cost of a kWh of electricity is $0.06968. When you buy something on eBay, did you pay $50 for the item and $6.95 for shipping or did you pay $56.95 for the item? I submit that you paid $50 *for the item* even though your total cost was $56.95. It may be nothing more than numerical semantics, but since different parts of the purchase may be budgeted for and/or taxed differently, they really do need to be separated out. In at least some places they can also come from different suppliers. *Here in NJ you have a choice of several companies that you can choose to purchase the generation portion from. *One of them is the regulated utility that also handles the distribution portion. The others are independent companies. *So even though the same wires bring the electricity into your house, the source could be one of the new competitors. Like you say, I don't see anything shady or confusing about it. It's very clear on my bill what the two seperate charges are for.- Hide quoted text - - Show quoted text - Same where I live. I can buy my electricity and gas from a few different suppliers, but it always gets delivered by the lone utility company in the area. No one has ever been able to explain to me how they know which kWh hours are mine so that the ones I'm paying for end up in my panel. Are they bar coded or something? |
#21
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
DerbyDad03 wrote in news:01a5824b-f6e2-4a39-9c0e-
: No one has ever been able to explain to me how they know which kWh hours are mine so that the ones I'm paying for end up in my panel. Are they bar coded or something? LOL! No, but the utility has to buy your kWh from somewhere (if you specify another company), or generate them (if you don't). -- Best regards Han email address is invalid |
#22
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 1:36*pm, Han wrote:
DerbyDad03 wrote in news:01a5824b-f6e2-4a39-9c0e- : No one has ever been able to explain to me how they know which kWh hours are mine so that the ones I'm paying for end up in my panel. Are they bar coded or something? LOL! *No, but the utility has to buy your kWh from somewhere (if you specify another company), or generate them (if you don't). -- Best regards Han email address is invalid ....or generate it all, sell it to the other company (on paper, of course) and then deliver it to me. Since many of these "other companies" simply buy the energy that they sell on the wholesale market, the same utility that delivers it to me may have the best wholesale prices at any given time. |
#23
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On 3/14/2012 10:32 AM, DerbyDad03 wrote:
On Mar 14, 1:22 pm, wrote: On Mar 14, 1:07 pm, wrote: On Mar 14, 9:56 am, 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. 2 different items were purchased: Electricity at $0.06968 / kWh Delivery Services at $0.07932 / kWh There's nothing wrong or even misleading on your bill. The cost of a kWh of electricity is $0.06968. When you buy something on eBay, did you pay $50 for the item and $6.95 for shipping or did you pay $56.95 for the item? I submit that you paid $50 *for the item* even though your total cost was $56.95. It may be nothing more than numerical semantics, but since different parts of the purchase may be budgeted for and/or taxed differently, they really do need to be separated out. In at least some places they can also come from different suppliers. Here in NJ you have a choice of several companies that you can choose to purchase the generation portion from. One of them is the regulated utility that also handles the distribution portion. The others are independent companies. So even though the same wires bring the electricity into your house, the source could be one of the new competitors. Like you say, I don't see anything shady or confusing about it. It's very clear on my bill what the two seperate charges are for.- Hide quoted text - - Show quoted text - Same where I live. I can buy my electricity and gas from a few different suppliers, but it always gets delivered by the lone utility company in the area. No one has ever been able to explain to me how they know which kWh hours are mine so that the ones I'm paying for end up in my panel. Are they bar coded or something? you can tell because they taste differently |
#24
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 12:07*pm, DerbyDad03 wrote:
On Mar 14, 9:56*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. 2 different items were purchased: Electricity at $0.06968 / kWh Delivery Services at $0.07932 / kWh There's nothing wrong or even misleading on your bill. The cost of a kWh of electricity is $0.06968. When you buy something on eBay, did you pay $50 for the item and $6.95 for shipping or did you pay $56.95 for the item? I submit that you paid $50 *for the item* even though your total cost was $56.95. It may be nothing more than numerical semantics, but since different parts of the purchase may be budgeted for and/or taxed differently, they really do need to be separated out. I have bought many items off Ebay. Sometimes I see an item I am interested for say - $20 with free shipping. Another seller may list exactly the same item for $.01 but charge $19.99 for shipping. If you bought the item for $.01, do you actually believe you didn't pay $20. What comes out of your pocket is what comes out your pocket. Don't psych yourself or pretend it is only numerical semantics. |
#25
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 3:04*pm, Edge wrote:
On Mar 14, 12:07*pm, DerbyDad03 wrote: On Mar 14, 9:56*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. 2 different items were purchased: Electricity at $0.06968 / kWh Delivery Services at $0.07932 / kWh There's nothing wrong or even misleading on your bill. The cost of a kWh of electricity is $0.06968. When you buy something on eBay, did you pay $50 for the item and $6.95 for shipping or did you pay $56.95 for the item? I submit that you paid $50 *for the item* even though your total cost was $56.95. It may be nothing more than numerical semantics, but since different parts of the purchase may be budgeted for and/or taxed differently, they really do need to be separated out. I have bought many items off Ebay. Sometimes I see an item I am interested for say - $20 with free shipping. Another seller may list exactly the same item for $.01 but charge $19.99 for shipping. If you bought the item for $.01, do you actually believe you didn't pay $20. What comes out of your pocket *is what comes out your pocket. Don't psych yourself or pretend it is only numerical semantics. I never said - and would never say - that I didn't pay $20. I specifically added the asterisks around the words *for the item*. If I paid $20 with free shipping, then I paid $20 *for the item*. If I paid $.01 with $19.99 for shipping, then I paid $.01 *for the item* and $19.99 for shipping. You paid $0.06968 *for the item* - a kWh. The rest of your cost was for the delivery of said item. You did not pay $0.149 for the kWh which is why that price was not what was listed on your bill. |
#26
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
"DerbyDad03" wrote in message ... On Mar 14, 1:22 pm, " wrote: On Mar 14, 1:07 pm, DerbyDad03 wrote: On Mar 14, 9:56 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. 2 different items were purchased: Electricity at $0.06968 / kWh Delivery Services at $0.07932 / kWh There's nothing wrong or even misleading on your bill. The cost of a kWh of electricity is $0.06968. When you buy something on eBay, did you pay $50 for the item and $6.95 for shipping or did you pay $56.95 for the item? I submit that you paid $50 *for the item* even though your total cost was $56.95. It may be nothing more than numerical semantics, but since different parts of the purchase may be budgeted for and/or taxed differently, they really do need to be separated out. In at least some places they can also come from different suppliers. Here in NJ you have a choice of several companies that you can choose to purchase the generation portion from. One of them is the regulated utility that also handles the distribution portion. The others are independent companies. So even though the same wires bring the electricity into your house, the source could be one of the new competitors. Like you say, I don't see anything shady or confusing about it. It's very clear on my bill what the two seperate charges are for.- Hide quoted text - - Show quoted text - Same where I live. I can buy my electricity and gas from a few different suppliers, but it always gets delivered by the lone utility company in the area. No one has ever been able to explain to me how they know which kWh hours are mine so that the ones I'm paying for end up in my panel. Are they bar coded or something? No. Your name is assigned to the kWh as they come tumbling out of the generator. It's one of those things about electricity -- it has to be used the instant its generated - no exceptions. It sure keeps the folks at the power house busy making and keeping track of those assignments, however. Tomsic |
#27
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
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. You could save a great deal of money by picking up your electricity at the generating station. On second thought, probably not. |
#28
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
Lot of farmers do that.
Christopher A. Young Learn more about Jesus www.lds.org .. "HeyBub" wrote in message m... You could save a great deal of money by picking up your electricity at the generating station. On second thought, probably not. |
#29
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
They get about as much compliance as the assault weapon registration days?
Christopher A. Young Learn more about Jesus www.lds.org .. "Robert Macy" wrote in message ... In California, when you file your state income tax there's a section to voluntarily state the amount of purchases you have made through tax free outlets and you are then required to pay the sales tax for all those items. ....STOP LAUGHING! |
#30
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
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. Our rates change with the seasons, summer tacks on extra as you go over some set amount, then there is a winter rate that remains fixed and spring and fall rates. Soon we are to get smart meters then there will be extra charges during peak use hours in the summer. Some day I'm going to get around to putting the kil-a-watt on the big screen and try to determine what that thing actually costs to run 24/7. |
#31
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
WW wrote:
With all added extras our cost is $0.1389 per KWH Which is really only useful information if we know where you live. Which appears to be in (or near) Purchase, NY (in Westchester County). |
#32
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Mar 14, 12:23*pm, Robert Macy wrote:
On Mar 14, 8:29*am, "Tomsic" wrote: ...snip.... correct the imbalance at some point, but similar things happen when you buy merchandise on line and pay no sales taxes vs. buying at a local store where sales taxes are added. ...snip.... In California, when you file your state income tax there's a section to voluntarily state the amount of purchases you have made through tax free outlets and you are then required to pay the sales tax for all those items. ...STOP LAUGHING! Why would we laugh? Many states do essentially the same thing. In NY they call it a "Use Tax". It's for items that, for example, you bought on the internet and didn't pay taxes on. NY actually makes it easy on you by "suggesting" an amount based on the data in your return. You have the option to change it or leave it as it is. Of course, if you get audited, you'd have to explain the amount used. Last year, I was helping my college-age daughter do her taxes. She made less than $3000 and the software package I used suggested $8 as the Use Tax. Since most of what she bought was over the internet, I just left it alone. A few days after filing, I got a notice that NYS found an error on her return. They set the Use Tax to $0 and increased her refund by $8. |
#33
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On 3/14/2012 9:56 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. Here is a copy of my bill from Dec 13th to Feb 13th Ontario Canada. Basically a CDN Dollar is equal to a US Dollar these days. HST is a 13% sales tax Ontario Clean Energy Benefit is a Government refund for using Solar or Wind, basically buying votes Debt Retirement charge is to help the Utility pay off all the money it borrowed from the Government to build 5 nuclear power plants. Off peak is electricity used from 7 pm to 7 am weekdays and all day/night weekends Mid peak is 11am to 5pm weekdays On peak is 7am to 11am and 5pm to 7pm Weekdays My house is two adults and 1 baby, 1700 sq feet 1967 side-split bungalow with gas dryer/gas stove oven/gas furance/ gas water heater -------- Your Electricity Charges OFF Peak @ 6.2¢ 943.64 kwhr $58.51 MID Peak @ 9.2¢ 192.07 kwhr $17.67 ON Peak @ 10.8¢ 250.78 kwhr $27.08 Delivery Charge $62.30 Regulatory Charge $9.54 Debt Retirement Charge 1,320.62 kwhr $9.24 Total Electricity Charges $184.34 HST $23.96 Subtotal $208.30 Ontario Clean Energy Benefit (-10%) 20.83CR Region Water Charges (Residential) Service Charge mtr size 20 MM $44.64 Consumption Charge 31.00 cubic metres $56.87 Total Halton Region Water Charges $101.51 |
#34
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Wed, 14 Mar 2012 16:47:43 -0700 (PDT), DerbyDad03
wrote: On Mar 14, 12:23*pm, Robert Macy wrote: On Mar 14, 8:29*am, "Tomsic" wrote: ...snip.... correct the imbalance at some point, but similar things happen when you buy merchandise on line and pay no sales taxes vs. buying at a local store where sales taxes are added. ...snip.... In California, when you file your state income tax there's a section to voluntarily state the amount of purchases you have made through tax free outlets and you are then required to pay the sales tax for all those items. ...STOP LAUGHING! Why would we laugh? Many states do essentially the same thing. In NY they call it a "Use Tax". It's for items that, for example, you bought on the internet and didn't pay taxes on. NY actually makes it easy on you by "suggesting" an amount based on the data in your return. You have the option to change it or leave it as it is. Of course, if you get audited, you'd have to explain the amount used. Last year, I was helping my college-age daughter do her taxes. She made less than $3000 and the software package I used suggested $8 as the Use Tax. Since most of what she bought was over the internet, I just left it alone. A few days after filing, I got a notice that NYS found an error on her return. They set the Use Tax to $0 and increased her refund by $8. "Use" tax originated as the means to recover taxes from nominally tax-exempt transactions that are taxable. An example would be a stationary store's use of a ream of paper. Normally the paper is exempt from taxes because it is taxed at sale. Since the store *used* it, it's no longer exempt, so is taxed. A sale in another state can't be taxed but its *USE* within the state can. So, if you buy an item in Vegas, and it stays in Vegas, there is no tax in your state. If you bring it home and USE it, then it is taxed. |
#35
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
I should add that we had blower issues with our furance and had to run the blower 24/7 for about 2 weeks which drove up our bill about $20 and we had to heat our home with a bunch of 1500 Watt electric heaters for 3 days which prolly added about $15 to our bill. Our normal winter bill is about $170.00 |
#36
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
"Home Guy" wrote in message ... WW wrote: With all added extras our cost is $0.1389 per KWH Which is really only useful information if we know where you live. Which appears to be in (or near) Purchase, NY (in Westchester County). Central Colorado WW |
#37
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
WW wrote:
Which appears to be in (or near) Purchase, NY. Central Colorado WW Ah, another spectacular failure of ip-2-location (which located you based on the headquarters of the real owners of your ISP). |
#38
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
Robert Macy wrote:
On Mar 14, 8:29 am, "Tomsic" wrote: ...snip.... correct the imbalance at some point, but similar things happen when you buy merchandise on line and pay no sales taxes vs. buying at a local store where sales taxes are added. ...snip.... In California, when you file your state income tax there's a section to voluntarily state the amount of purchases you have made through tax free outlets and you are then required to pay the sales tax for all those items. ...STOP LAUGHING! Same in pa. Greg |
#39
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On Wed, 14 Mar 2012 06:56:45 -0700 (PDT), 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. ..1597 total here in CT. That is actually down a bit from last year. My generation rate right now is .0798. A couple of year ago, the power company rate was much higher and I was almost 20¢ total. |
#40
Posted to alt.home.repair
|
|||
|
|||
How much are you really paying for electricity?
On 3/14/2012 12:23 PM, Robert Macy wrote:
On Mar 14, 8:29 am, wrote: ...snip.... correct the imbalance at some point, but similar things happen when you buy merchandise on line and pay no sales taxes vs. buying at a local store where sales taxes are added. ...snip.... In California, when you file your state income tax there's a section to voluntarily state the amount of purchases you have made through tax free outlets and you are then required to pay the sales tax for all those items. ...STOP LAUGHING! That line item has been on the PA tax return as long as I can remember. On occasion they have been known to obtain audit information from other states and send out letters. |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Well I am not paying to fix that | UK diy | |||
Saving electricity. in Doorbell always uses electricity! | Home Repair | |||
how much should i be paying? | UK diy | |||
Third party electricity meter to verify electricity bills | Home Repair |