Okay, Tball. I'll go through some of these mystery charges slowly for you:Well again I pay all these charges on top of what the power costs.
Electricity Delivery charges
Basic service charges
1) Delivery charge .09783 cents per Kwh.
2 )transition charge .00201799 cents per kwh.
3 ) Revenue decoupling mech.000118 cents per kwh.
4) SBC charge . .006629 cents per kwh
5) Recovery charge .009344 cents per KWH
Then there are the
ELECTRICITY SUPPLY CHARGES.
1 ) Supply charge .09515065 cents per KWH
2) Merchant function charge .00334 cents per KWH
then Taxes on delivery charges 2.0408% ( on total bill )
Then sales tax of 3% on total bill
Looks to me to be a bunch of BS charges to pad their bottom line.
And I can't get a decent answer out of the PSC
What is a Revenue DECOUPLING mech?
A charge for decoupling me from my money?
And what is a Recovery charge? what are they recovering? Electric I didn't use?
And we pay some of the highest bills in the country and we have one of the largest hydro power plants less then 100 miles away.
Key Aspects of Revenue Decoupling:
- Purpose: Aligns utility financial interests with energy efficiency, removing the need to sell more energy to increase profits.
- Mechanism:Periodically compares authorized revenue with actual revenue. If actual revenue falls short (due to efficiency or low usage), customers pay a surcharge. If revenue exceeds the target, customers receive a credit
.- Impact: It reduces the financial risk for utilities from lower sales caused by conservation, weather, or economic conditions.
- Types: Common approaches include revenue-per-customer mechanisms, full decoupling, or partial, tailored approaches often used in combination with weather normalization.
So it's basically a climate tax.
The System Benefits Charge (SBC) is a state-mandated fee on utility bills (primarily electricity) used to fund public policy initiatives, including energy efficiency programs, renewable energy research, and assistance for low-income customers.
So it's basically taxation and communism. Another climate tax.
A recovery charge on an electric bill is a fee allowing utilities to recoup specific, volatile, or unexpected costs not covered in base rates, such as severe storm repairs, fluctuating fuel prices power cost adjustments(PCA). These charges are typically approved by state regulators and are often pass-through costs.
So it basically covers for excess costs from storm damage. Another climate tax.
There is a cost to 'climate taxes', Tball.