Americans Pinched as Electricity Costs Hit All-Time Highs

Phantasmal said:
I use a company that finds me the lowest rate.

I’m sorry it triggered you by my merely pointing out their profits.
Click to expand...
Every time there is a blizzard and the power companies are working around the clock to restore electric, I don't get so pissed off over the cost of utilities. It costs them a literal fortune.
 
Althea said:
Every time there is a blizzard and the power companies are working around the clock to restore electric, I don't get so pissed off over the cost of utilities. It costs them a literal fortune.
Click to expand...
I have a generator, so I don’t worry about outages like I once did. Solar is next.
 
Nordberg said:
Another stupid thread. We had one complaining about gas prices supposedly being at all-time highs. We had one about eggs being at all-time highs. The trend starter was absolutely silent when they dropped to normal or lower rates. You guys are little people operating on such a low level. Find something to bitch about, then ignore it when it is solved.
Click to expand...
Yup. There's typically a reason. The avian flu killed millions of chickens in the nation. Farmers killed healthy birds to avoid the spread. Of course there would an ease in prices when the problem was solved.

But as you say...it's usually Biden's fault with no mention of a drop in prices.
 
Nordberg said:
Another stupid thread. We had one complaining about gas prices supposedly being at all-time highs. We had one about eggs being at all-time highs. The trend starter was absolutely silent when they dropped to normal or lower rates. You guys are little people operating on such a low level. Find something to bitch about, then ignore it when it is solved.
Click to expand...
And yet here you are :laugh:
 
Phantasmal said:
I have a generator, so I don’t worry about outages like I once did. Solar is next.
Click to expand...
I'm lucky. I do have a small generator that I hook to my panel in the rare instances that we lose power. My reference to outages was meant to illustrate the enormous costs to energy grids when weather damages transformers, wires, substations, etc..

A whole house generator is a great idea, and getting more and more common. Costly investment, but is sure is worth it when the power goes out.
 
Poor Richard Saunders said:
No. It doesn't.

You are an idiot that doesn't know anything about reality. States may regulate utilities and restrict profits. The Federal government only regulates transmission from one state to another. The Federal government doesn't restrict the profits of any electric utility that provides power in a US state.
Click to expand...
Nope they have control over companies that generate power.

The 2005 Energy Policy Act designated the Department of Energy’s Federal Energy Regulatory Commission (FERC) as the primary authority over power generation and transmission across the United States.
Click to expand...
https://www.cfr.org/backgrounder/ho...he grid,transmission across the United States.


The FERC has tried to provide that incentive by requiring segmentation of the business operations of electrical distribution, transmission, and generation, even if those operations are performed by the same corporation. The purpose for this segmentation is to take the financial risk of constructing expensive generators off the electric consumer and place that risk on the shoulders of investor-owned corporations. For instance, Exelon, a very large utility company in the United States, owns generators, grid transmission equipment, and distribution companies that distribute electricity to individual consumers (e.g., PECO, ComEd). However, the FERC requires Exelon and other similar organizations to create organizational-structural-financial barriers within their companies. In practice, these companies are barred from sharing operational information between their generation portfolio and their transmission portfolio. This division is intended to ensure that everyone who uses the grid is treated fairly and doesn’t have an advantage, one over another. And that’s really where competition comes into play, because as the generator businesses compete for a share of the electricity market, competition drives down the cost of electricity for all consumers.
Click to expand...
Click to expand...
https://www.energycap.com/resource/power-grid-fundamentals-and-electricity-pricing/
 
Last edited:
Doc Dutch said:
As Democrats push for more electric cars and a fossil-fuel-free nations, Republicans are pushing to shut down government over "the Wall". Neither seem interested in pushing for solving the problems facing Americans on a daily basis. While the link below points to "light at the end of the tunnel" 22 years from now, that's not helping families now.


https://www.newsweek.com/electricit...energy-bills-inflation-interest-rates-1850199
Americans Pinched as Electricity Costs Hit All-Time Highs
Electricity rates in the U.S. soared to all-time highs in September, with Americans facing the sting of higher energy bills.

The Bureau of Labor Statistics reported a spike to $0.171 per kilowatt-hour in September, presenting a harsh reality against the backdrop of a seemingly robust economy. While costs moderated to $0.169 per kilowatt-hour in October, industry experts point to a web of causes including geopolitical tensions, global pandemics, and green energy transitions which indicate that the days of stable, low-cost electricity might be fading and a new reality may be emerging....

...Will I Have High Electric Bills Forever?
There is light at the end of the tunnel. "Some of these factors are subsiding," Thomson explained, "and since regulated utilities are required to pass cost decreases through to customers as well as cost increases, some customers could see lower bills in the coming year."

The U.S. Power Utilities & Renewables leader told Newsweek that as the industry increasingly turns to renewable sources like wind and solar, which are not fuel-reliant, the potential for moderating costs emerges. "Over time, as the share of electricity generated by renewables such as wind and solar continues to grow, it could tend to moderate costs since those energy sources do not use fuel, and those savings would be passed on to customers," he noted.

He remains optimistic about the long-term impact of renewable energy, adding, "As the energy transition progresses, households that electrify their energy use by replacing fossil-fueled cars, heating systems, and other appliances with EVs, heat pumps and electric appliances could potentially see as much as a 40 percent decrease in household energy bills by 2045."
Click to expand...



Dear Doc Dutch,


My dear fellow !! However are you going to afford the cost of running your electric dildo? I mean using one of those big suckers 12 hours a day (like you do) will soon drain your savings account completely !


But don't despair; there is a new, solar-powered, vibrating, electric dildo that has just been released on the US market. It's called the "Sunny Jim" and is available in a range of sizes: 6"; 8"and 10." (There is 12" model but a Physician's certificate is required to purchase it).


The only down-side is that the device is only really operational out-doors in direct sunlight. What you do is strap the dildo's solar panels across your back, then go to a sunny patch in your garden, drop your trousers and bend over (like you're in San Francisco and about to lay a "Richard the Third" on the sidewalk), then insert the solar- powered dildo, and in about 5 minutes "Bob's Your Uncle." You'll be enjoying a guaranteed 2000Hz of vibration right up the old "Gary Glitter."


If you do decide to invest in one of these solar-powered units, just remember, Doctor, they are not to be used anywhere outside your own garden, that is, not in any public places.




Dachshund - the WONDER HOUND

DLM.... Dachshund Lives Matter !!
 
Last edited:
ExpressLane said:
Nope they have control over companies that generate power.

https://www.cfr.org/backgrounder/ho...he grid,transmission across the United States.


https://www.energycap.com/resource/power-grid-fundamentals-and-electricity-pricing/
Click to expand...

They have no power over those companies. They have an oversight panel that approves rates. They own the panelists. They approve every price raise. Enron showed how to get more money. Shut down the power and when people are suffering, they will accept much higher rates. Then they use the money on executive bonuses and bribes. This is how capitalism works.
 
ExpressLane said:
Nope they have control over companies that generate power.

https://www.cfr.org/backgrounder/ho...he grid,transmission across the United States.


https://www.energycap.com/resource/power-grid-fundamentals-and-electricity-pricing/
Click to expand...

Your links don't show that the federal government restrict how much a utility can make in profit.
In fact your link proves the opposite.
The federal government incentivizes lower pricing by not allowing monopolies.
In the “old days” prior to some of the organizational changes brought about by the FERC actions, electricity prices were often set by utility companies and approved by state utility commissions. The rates were often determined based on the concept of cost recovery. The more that the utilities spent on infrastructure and generators for production, the more returns could be “justified.” Those returns were, for the most part, set as a percentage of the total approved investment cost (rate base). While these types of returns provided limited risk for utility investors, from a consumer’s perspective, there was too little incentive for efficiency and conservation activities that would serve to lower consumer prices.

The FERC has tried to provide that incentive by requiring segmentation of the business operations of electrical distribution, transmission, and generation, even if those operations are performed by the same corporation. The purpose for this segmentation is to take the financial risk of constructing expensive generators off the electric consumer and place that risk on the shoulders of investor-owned corporations.
Click to expand...


Not only that, you seem to think that electric prices are only about the grid since that is what your links are about. They don't show the federal government having any power over the electrical generating companies.
 
Doc Dutch said:
Oh, Sybil. It's really easy to see you're the biggest joke on JPP.

Be honest; how many people do you think really believe you don't have multiple accounts on JPP? Give a percentage of active members.

Can you even understand the question? Is the math too hard for ya? Feel free to switch accounts and call me Marxist Socialist scum without ever explaining why. :thup:
Click to expand...

I haven't found all the accounts you use, Sock. Talking to yourself doesn't accomplish anything.
 
Nordberg said:
Another stupid thread. We had one complaining about gas prices supposedly being at all-time highs. We had one about eggs being at all-time highs. The trend starter was absolutely silent when they dropped to normal or lower rates. You guys are little people operating on such a low level. Find something to bitch about, then ignore it when it is solved.
Click to expand...

They haven't 'dropped to normal rates'.
 
Althea said:
We don't have any spikes? In fact, I'm getting a 10% discount for all electric generated from one of the numerous huge solar fields springing up around here.

We had a big spike a few years back when our governor Cuomo allowed the utilities to rape us in order to show huge profits. They charged upstate NY the peak NYC rates so that Cuomo could lure companies to the state in order to build power plants.

After an uproar, the rates came back down after a short while.

As is typical, it's always about the profits at the expense of the consumer.
Click to expand...

Bragging about heavy subsidies won't work.
 
You must log in or register to reply here.
Back
Top