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Old 01-14-2015, 09:56 AM   #1
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Just venting = electric rates in CT

have to sound off ,just got my electric bill for the s&b iam now paying $86 before I even turn the lights on ,for generation and service charges ,and of course taxs ,cant wait till my grandkids are grown and out , 3 more yrs till there old enough ,then iam on the road ,HAS to be cheaper (well maybe not )
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Old 01-14-2015, 11:30 AM   #2
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EIA - Electricity Data

Looks like the Northeast coast is the most expensive. In Minnesota the Off Peak aka Dual Fuel heat and airconditioning rate is .06 per kw approx.

Some Xspurts are predicting rates to double in the next 10 years.

China is building coal powered electric plants and one is fired up every ten days.
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Old 01-14-2015, 11:37 AM   #3
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the old rate was .0999 the new rate is .126290
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Old 01-14-2015, 12:09 PM   #4
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have to sound off ,just got my electric bill for the s&b iam now paying $86 before I even turn the lights on ,for generation and service charges ,and of course taxs ,cant wait till my grandkids are grown and out , 3 more yrs till there old enough ,then iam on the road ,HAS to be cheaper (well maybe not )
It's been too expensive there for years, which drove me to put this on my roof almost 10 years ago. The good part was at that time the state paid for the panels, I just had to pay for the install from one of their connected approved vendors.
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Old 01-14-2015, 12:13 PM   #5
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It's been too expensive there for years, which drove me to put this on my roof almost 10 years ago. The good part was at that time the state paid for the panels, I just had to pay for the install from one of their connected approved vendors.
just how much did you save with that ??
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Old 01-14-2015, 12:47 PM   #6
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The "state" gets their money from taxpayers and consumers. No such thing as a free lunch. The non subsidized cost of solar still will not pay the interest on the capital needed to buy them.
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Old 01-14-2015, 09:16 PM   #7
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just how much did you save with that ??
My bill dropped around 30%, monthly. The first year I had the system rates went up something like 25% (believe it or not). Typically they go up around 5% a year. The system payback for my setup was 7 years but that was calculated prior to that first major bump in pricing. As I've had it for over 8 years, I'm totally in the green in terms of savings so it's all gravy to me at this point.
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Old 01-14-2015, 09:28 PM   #8
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I'm paying 17cents/kwh in hydro-heavy Lake Hartwell SC area...makes no sense to me. $75 jus' for lites before EVERYTHING else...
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Old 01-15-2015, 12:56 PM   #9
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I live in TN with TVA dams all around us. These dams were built in 40/50's so most of the high $$ infrastructure is there. Problem is that the corporate leadership, which are considered government jobs, is handsomely rewarded plus the generous retirement benefits are breaking our backs. The president of TVA I believe is the highest paid government employee. They just awarded huge bonuses even though the retirement fund is only 65% funded.

It will only get worse.
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Old 01-15-2015, 01:24 PM   #10
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I have 18 solar panels and I pay the power company $4.88 a month for the meter. I haven't paid any thing more in the last 5 years. My average electric bill was $150 per month prior to solar and my solar payment is $160. I broke even in year 2 or 3.
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Old 01-15-2015, 01:28 PM   #11
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I have 18 solar panels and I pay the power company $4.88 a month for the meter. I haven't paid any thing more in the last 5 years. My average electric bill was $150 per month prior to solar and my solar payment is $160. I broke even in year 2 or 3.
Nice! I've talked with others in my area who have arrays and they're like you, a little pricier for the minimum monthly charge being in CT but still, no real usage and some have batteries for non-array hours.

Unfortunately I like to use electricity so I'd need both batteries ($$$) and more panels to get by that way.
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Old 01-15-2015, 01:36 PM   #12
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My system is grid tied so no batteries. The power produced in the day time is "sold" to the utility at the highest rate and the power used in the evening is "bought" at the lowest rate. I earn credits in the summer time that I use in the winter.
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Old 01-15-2015, 03:30 PM   #13
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Lucky I guess, the last time I checked Inland Power (a co op) had the 2nd lowest power in the States. The S&B is 40 miles above Grand Coulee.
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Old 01-15-2015, 07:46 PM   #14
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I live in TN with TVA dams all around us. These dams were built in 40/50's so most of the high $$ infrastructure is there. Problem is that the corporate leadership, which are considered government jobs, is handsomely rewarded plus the generous retirement benefits are breaking our backs. The president of TVA I believe is the highest paid government employee. They just awarded huge bonuses even though the retirement fund is only 65% funded.

It will only get worse.
My father, both grandfathers and one uncle retired from TVA. The government used to pay sub par wages but they made up with great retirement pensions, fine retirement supplement insurance and lots of vacation.

When TVA realized about 15 years ago that they couldn't support 33,000 employees, they essentially closed down the largest construction operation in the U.S. and subcontracted all annual maintenance and power construction.

And in comes our current President--O'Bama's bound and determined to shut down coal production and 50% of the power plants in the U.S. TVA's finally finishing the first nuclear power plant built the last 25 years.

Honestly, I don't know where future electricity will come from. Natural gas is too expensive to generate electricity on a mega scale. Wind power is a joke. Look for rates to double in the future. We're in trouble and the media ignores the problem with the national power grid.
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