I’m more shocked at the cost of electricity wherever this is…that’s like triple what I pay for a 1300sqft house with a 35year old heat pump that runs 24/7
turns out that company does gas and electricity. makes more sense it could be combined services
My rates aren’t actually too bad, my usage was just really high at ~1300 kWh lmao
32¢/kWh still seems kinda high; my power is only 11¢/kWh. Though maybe I just live in a very energy-rich location.
32c/kWh seems straight up insane to me. Peak rates are half that where I live (around 15c/kWh), and overnight rates are a third (around 10c). These aren’t even the cheapest rates to be found in North America. Pretty sure that nod goes to Quebec, where they pay less than 7c/kWh for the first 40kWh each month, and 10c/kWh beyond that.
32c/kWh sounds good to me. During peak times I’m paying close to 50c/kWh, on top of the daily supply charge of around $1.50
But at least I get 2c/kWh solar feed in tariff 🙃
We just went up 11.78¢/kWh and that’s highest I think I’ve ever paid
My guy must be growing that Mary Jane 👀
Yeah, I pay an average of $0.12CAD/kWh here, $0.32USD/kWh is fucking robbery.
I pay about $0.21 USD/kWh and it feels pretty bad…
Censoring kinda looks… Suggestive 🥵🥵
😏😏
You can overpay and they will literally never bring it up
Yea, but it just doesn’t have the same impact as getting a statement issued with the funny numbers lol
Here in SoCal, it isn’t unheard of for people to have $5-600 electricity bills in the dead of summer. Gotta keep that AC cranking.
Solar panels are worth it in California (or, they used to be before NEM3 went into place - not worth it without batteries now). I’m in norcal and had 11.2kW of solar panels installed after buying a house. I estimated it’d take 5 years to break even, but the electricity prices have gone up quite a bit since then, so the break even point keeps getting closer and closer. Electricity usage has gone up (my wife and I have two EVs now) but I still pay very little to the electricity company.
NEM3?
It has to do with what happens with excess solar power you produce.
Before NEM 3.0 rolled out, there was 1:1 net metering. If your electricity price was $0.50/kWh (for example) and your solar system produced an extra 10kWh that you didn’t use (meaning it was exported to the grid), you’d get a $5 credit (10 kWh * $0.50) that would offset power usage when the sun isn’t out, like at night.
NEM 3.0 changed how the value of exports is calculated. You may pay 50 cents per kWh for power you import but might only receive 3 cents per kWh for power you export. This means it doesn’t make sense to get a solar system without a battery in California now, and batteries are expensive.
People that got solar before April 2023 are grandfathered in to NEM 2.0 for 20 years, but the power companies are doing all they can to try and break those contracts, including reducing the price per kWh and instead having a large monthly fee just to be connected to the grid. They want to extract as much value as possible from customers with solar, as they’re not making enough money from them.
https://thecleanenergyalliance.org/clean-energy-alliance-explains-nem-2-0-vs-nem-3-0/
Ah gotcha. Our local utility went away from net metering a few years back due to revenue losses, so while solar is mandated for new builds, the customer isn’t getting the benefit of overproduction. Like you said, it’s almost wasteful to not have a battery system installed, but then again, costs are costs.
