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Author Topic: Electric bills
glassman
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anybody here actually understand how your provider charges you and how they cacklack the bills..

i thought i did till it came.

just spent a half-hour on the phone going thru the computer maze, got a real person, and this person couldn't explain it.. says i'll get a call-back....

LOL..

basically i'm supposed to pay $4.57 plus

7.6618 cents for the first 500KWh
6.1462 cents for all additional KWh for May to Oct
4.6 cents perKWh Nov thru April
theres other charges too, but basically they charged me 11 cents/KWh for all of it and it was wayyy over 500 KWh...

i am beginning to think i may have to go visit the office in person with my thick glasses, my pocket protector and slide rule [Big Grin]

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Don't envy the happiness of those who live in a fool's paradise.

Posts: 36378 | From: USA | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
glassman
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this might be big.

i found the bill cacklacker thru the MS St Public Service Commission, and by the example, it still don't make sense...
how much you wannna bet i'll be waiting a LOOOONG time for that call back [Wink]

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Don't envy the happiness of those who live in a fool's paradise.

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bdgee
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I won't hold my breath.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
glassman
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nope... they are already headed home by now i bet.

i'd cut npaste the example, but it's an old PDF that my OCR won't scan..
basically the state link shows you pay 66$ for 1000 KWh.. which is what i expected.. instead my bill shows 109.77 per 1000 KWH... that's quite a difference..

and if they are doing this to everybody? we are looking at something big..

i'll reserve judgement till i get my answers...

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Don't envy the happiness of those who live in a fool's paradise.

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glassman
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this is incredible.
digging thru the provider's site? there's another penny discount if you have an electric water heater 30 gallons or more.. guess what i'm installing in my studio this weekend ! [Big Grin]

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Don't envy the happiness of those who live in a fool's paradise.

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T e x
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indirectly related, by principle:

http://www.businessjournalism.org/pages/biz/2007/11/covering_the_energy_beat_1/

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
glassman
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thanx Tex. i did all the math to decide whther to go electric. (at least i did the math available, and asked in person)

i like propane the best, for some reason it heats things faster than nat gas, it's a function of heat transfer....
i still use it for my reheating, but i was paying 69 cents to 1$ for propane in '03 depending on the month, now? it's 2.50$

Nat gas went from under 4$ per million Cubic feet to as high as 14 but hovers around 8 now in the same timeframe...

the "neat" thing about electric is it's almost silent, i have a cooling fan on the silicon controlled rectifier that's it..no blast furnace noise, and? there's no exhaust which sends 30% of your energy right out the furnace....

i hope to get solar up as soon as the state passes legislation, which i'll be pestering (lobbying? [Roll Eyes] ) them for this spring which means in ten years i can do it ..

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Don't envy the happiness of those who live in a fool's paradise.

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T e x
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not suggesting you switch, but that piece shows more number fudging...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
glassman
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yeah.

we are paying a 20$ to 30$ premium on the free market for oil right now simply because of traders buying and not selling....

nat gas? there's been no shortage at all.. it's the same deal...

there'll be a bear run on it at some point and another Amaranth will happen:

The hedge fund, Amaranth Advisors, based in Greenwich, Conn., made an estimated $1 billion on rising energy prices last year. Yesterday, the fund told its investors that it had lost more than $3 billion in the recent downturn in natural gas and that it was working with its lenders and selling its holdings “to protect our investors.”

Amaranth is not the first hedge fund to experience problems in energy markets. MotherRock Energy Fund, a $400 million portfolio, shut down last month after losing money on its bets that natural gas prices would fall. Summer heat sent prices soaring and the fund lost 24.6 percent in June and 25.5 percent in July, according to one investor.
The natural gas market is exceptionally volatile, making it an ideal playground for hedge funds that thrive on wide price movements in securities. Natural gas prices are subject to more severe swings than oil, in part because gas cannot be stored easily.

http://www.nytimes.com/2006/09/19/business/19hedge.html?ex=1316318400&en=2732df6 7691f17e9&ei=5088&partner=rssnyt&emc=rss

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Don't envy the happiness of those who live in a fool's paradise.

Posts: 36378 | From: USA | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
   

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