Gog123
join:2008-03-25
moderated:
May 1st, @02:12PM
| reply to TamaraB
Re: Con Edison Electric Rates
The rate varies month by month and is different for commercial and residential customers.
If you are thinking about switching to an ESCO, do NOT do it as it will only cost you more in the long run due to the way the system is structured.
ESCO's are just energy remarketters, ie middlemen who want to jack up the prices they charge to you. |
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TamaraB
Question The Current Paradigm
Premium
join:2000-11-08
Underway
 ·Verizon Online DSL
| said by Gog123  :The rate varies month by month and is different for commercial and residential customers. ... Well, my rates question is related to resale. I live aboard a boat at a dock. The doc owner resells electricity via meter to boats docked at his dock. He is not an ESCO. When he figures out our individual rates, he adds the electric cost to the demand charge (whatever that is), divides it by the KW/hrs used and comes up with a very high rate; nearly $0.30/KW/hr. Now, this "demand charge" is usually higher than the actual electric charge.
I haven't bought residential electricity for several years, but I have second hand information which indicates the rate is somewhere around $0.10/KWhr.
I am looking to see if and by how much I am being ripped off by this crook, or at least understand why I am paying 3X the electric rate other residents of the city pay.
Can he just charge whatever he wants? Can he jack up the price despite it being a regulated utility?
Bob
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Motor Vessel - Tamara B.
43' Long-Range Trawler
Cape Elizebeth ME.
See her Here. |
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tinhead
join:2000-07-12
New York, NY
 ·PHONE POWER
·ViaTalk
 ·New York Connect
·Earthlink Cable Mo..
| reply to Gog123
Not true in NYC. ESCO's DO save you money.
Savings of UP to 10% a year are realized.
My fav-(from coned.com)
"Tax relief. When you buy your electricity from an ESCO, the Con Edison delivery charges are not subject to sales tax. When purchasing natural gas from an ESCO, the sales tax on the delivery charges will be lowered significantly."
That alone got me to switch ages ago. |
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Stacy
FotoDogue
Premium
join:2001-11-02
New York, NY
·RoadRunner Cable
·Speakeasy
| reply to TamaraB
It's complicated. According to my March to April bill, I used 266 kwh @ 11.0601¢ per kwh plus 71¢ tax. So the supply charge came out to $31.13
In addition, ConEd charged a basic delivery charge of $12.42, plus $19.41 to deliver the 266 kwh I used, plus a SBC/RPS charge of 64¢ and sales tax @ 4% of $2.57. So the total delivery charge worked out to $34.10
Add that together and the total electric charge, at the residential/religious rate, came out to $66.80 for 30 days.
Overall I paid an average of 25¢ per kwh but I wouldn't presume you could interpolate that into 500 kwh would cost $125, or even that my 266 kwh will cost the same amount next month. |
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TamaraB
Question The Current Paradigm
Premium
join:2000-11-08
Underway
·Verizon Online DSL
| said by Stacy :It's complicated. You're right. It's complicated. Seems designed so one could never check the accuracy of the bill, let alone shop around for a better rate.
Thanks
Bob
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Motor Vessel - Tamara B.
43' Long-Range Trawler
Cape Elizebeth ME.
See her Here. |
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Gog123
join:2008-03-25
edit:
May 2nd, @10:15AM
| reply to tinhead
Not true at all.
ESCO do NOT save you money. They take away the sales tax but add on additional fees for the kw/h. Its the biggest scam going. Sales tax is very little. What really adds up is the cost for kw/h and this is what they rack up.
A website has done cost comparisons of the ESCO's at
»www.poweryourwaytruth.org/
They found that staying with Con Edison is the cheapest rate. The one supplier that actually was cheaper in some months came out to be much higher for one month so all the cost savings were eaten away in just one month of usage.
If you switch you are paying higher prices. Con Edison owns the entire electric delivery infrastructure, a new supplier means you have another firm who wants to generate a profit off you instead of one adding another middleman who wants profit meaning higher overall rates.
There is no such thing as a free lunch or savings on energy through the Con Edison delivery pipe for normal electricity users.
Now I could see special circumstances that do save you money however these are going to be huge corporate customers who use a ton of electricity so theres a huge pool of electricity usage and so they could throw a few cost savings down the pipe.
Think about it: What incentive does an ESCO have for a low electricity user to save you money? None whatsoever. They want to generate profit for their firm and employees. Therefore they have to pay the sales representatives and the billing reps, and everyone else. They want to use the ESCO to generate MORE profit from you.
Example:
Con Edison was 11.09 in April 2008. The ESCOs had no sales tax but charged 12.21 to 15.99. Even at 11.09 to 12.21 and no sales tax you still paid more money. |
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Gog123
join:2008-03-25
| reply to TamaraB
Yes the owner of the Marina or slip can charge whatever he wants for providing electricity to you I presume if you are not being billed by the utility directly.
If you own a boat and need electricity then you need to shop for slips and electric fees if this concerns you. The owner is not a crook, as you can freely shop marinas/docks and slips and the like.
Another alternative would be to convert the boat to solar and to possibly find a slip which would allow you to sell back electricity to the utility company if such is possible. |
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KCrimson
Premium
join:2001-02-25
Brooklyn, NY
 ·Verizon FIOS
·Optimum Online
edit:
May 2nd, @12:05PM
| I was once told by someone (actually a professor of a physics "energy" elective course I once took) that there's a law which requires the utilities to buy your electric, should you generate it. If this is true, then it stands to reason that almost ALL meters manufactured would spin in reverse, and the normal hookups would accept the "back flow". It would seem that the owner of the slip might not have a choice but to accept the electric (or at the very least watch his meter slow to a crawl).
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Happy With What I Have To Be Happy With |
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Maggs
Premium
join:2002-11-29
Woodside, NY
clubs:
·RCN CABLE
edit:
May 2nd, @07:46PM
| »news.moneycentral.msn.com/ticker···ymbol=ED
They buyback at 13.6 cents
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NIL ILLEGITIMUS CARBORUNDUM! |
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Stacy
FotoDogue
Premium
join:2001-11-02
New York, NY
·RoadRunner Cable
·Speakeasy
| reply to TamaraB
said by TamaraB :said by Stacy :It's complicated. You're right. It's complicated. Seems designed so one could never check the accuracy of the bill, let alone shop around for a better rate. Thanks Bob If you think that's complicated just wait till the summer surcharge kicks in. ConEd also has flat rate billing but they seem to estimate payments based on the most expensive months.
The total cost of having a single meter may be cheaper than multiple meters. The marina probably only has to pay the basic charges once and additional kwh, past a certain point, may be billed at a lower rate. That might give the marina a little wiggle room to eak out a profit but even that might get eaten up by bookkeeping. |
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