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Power rates up 20.8% in Alabama
N/A | 2/23/2023 | vanity

Posted on 02/23/2023 4:44:46 AM PST by Tell It Right

Got my power bill this morning from Alabama Power. They charged 15.7239¢/kWh, including riders and 4% state tax, but after subtracted flat monthly fees.

That's up 20.8% percent from the February 2022 bill.

If you like cheap power for charging your EV, you can keep it. Under my plan electricity prices will necessarily skyrocket. End of quote. End of line.

How I calculated it:
From the bill: kWh pulled from grid: 594
total bill: $109.00

From researching how fees are done:
base charge: $14.50
natural disaster rider: $0.50 (added to base)
state tax: 4%
total base: $15.60 ($14.50 + 0.50 = $15.00, then times 1.04 for the tax = $15.60)

I subtracted from my total bill ($109.00) the total base ($15.60) to get $93.40 for overall usage charge.
Divide that overall usage charge from the kWh pulled from the grid that month (594) to get 15.7239¢/kWh.

Some of that cost per kWh is the 4% state tax. Some of it, though, varies a lot based on the energy costs the power company pays to fuel their plants. So when Obama's EPA forced them to shut down a coal plant and replace it with more natural gas produced power, then Brandon made natural gas prices spike by limiting access to natural gas drilling, the end result is your cost per kWh spikes. Add in costs for building the replacement natural gas plant (which isn't done yet, we're currently maxing out already existing natural gas plants intended just for reserve use and not demand use) and it's more.


TOPICS: Business/Economy; Local News
KEYWORDS: electricity; energy; power
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Power rates up Twenty point eight percent!!
1 posted on 02/23/2023 4:44:46 AM PST by Tell It Right
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To: Tell It Right

We are avoiding the obvious two step solution.
1. Find Democrats
2. Run their science-illiterate and corrupt Obamaholes outta town.


2 posted on 02/23/2023 4:47:49 AM PST by Da Coyote
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To: Tell It Right

Not part of core CPI. Doesn’t count.


3 posted on 02/23/2023 4:48:25 AM PST by AndyJackson (.)
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To: Tell It Right

Not just power. My box of favorite cereal used to be 14.2oz. Now it is 12oz. Same price but effectively 20% more money.


4 posted on 02/23/2023 4:58:50 AM PST by Mouton (The enemy of the people is the media )
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To: Tell It Right

Build back BETTER 🤮


5 posted on 02/23/2023 5:01:43 AM PST by Phoenix8
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To: Tell It Right

Natural gas prices in the eastern US are meaningfully lower than they were 1 year ago.


6 posted on 02/23/2023 5:03:35 AM PST by babble-on
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To: Tell It Right

You must be mistaken. Kameltoe said she and Biden cut energy prices. They wouldn’t lie, would they?


7 posted on 02/23/2023 5:05:52 AM PST by cp124 (80% of everything is fake or a lie.)
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To: Tell It Right

“...we’re from the government and here to “help” you....”


8 posted on 02/23/2023 5:06:30 AM PST by lgjhn23 ("On the 8th day, Satan created the progressive liberal to destroy all the good that God created...")
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To: Tell It Right

Ok, but aren’t people making 30% more?

I shouldn’t try making jokes this early. The whole system is FUBAR.


9 posted on 02/23/2023 5:06:41 AM PST by Bulwyf
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To: Tell It Right

On January 1, 2023 Eversource increased the base cost of electricity in Connecticut from 12.05 to 24.17 cents/kilowatt-hour.

Ouch!


10 posted on 02/23/2023 5:18:24 AM PST by JoeVortex
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To: Tell It Right

Alabama Power is stealing while the stealing is good.


11 posted on 02/23/2023 5:24:45 AM PST by RobertoinAL
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To: Tell It Right

Part of the plan: use “climate change” as the excuse to increase energy prices and bring our industrialized civilization to an end.


12 posted on 02/23/2023 5:30:21 AM PST by I want the USA back (News media are pond scum. My pronouns: Haha, heehee, hoho, hoo hoo. )
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To: Tell It Right

Wait until everyone is driving an EV. LOL. You won’t be able to afford the power rates.


13 posted on 02/23/2023 5:38:37 AM PST by FlingWingFlyer (Remember what FJB Brandon said, "...more than half of the women in my administration are women.")
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To: FlingWingFlyer

And that’s the idea, end all personal transportation, period.


14 posted on 02/23/2023 5:40:51 AM PST by dfwgator (Endut! Hoch Hech!)
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To: babble-on
Natural gas prices in the eastern US are meaningfully lower than they were 1 year ago.

I respectfully disagree. At least with the data up to November, at least in Alabama. When I go to https://www.eia.gov/dnav/ng/hist/n3010al3m.htm to see the average natural gas costs to Alabamians it shows that Nov 2022 (the latest month for the data) was 19.80, but Nov 2021 was 17.7. The Henry Hub spot prices on the market (which are updated daily) agree with you that right now in February 2023 gas prices are lower than in February 2022. However, it's been my experience that the Henry Hub prices deviate from the real world prices we pay. So I'll reserve judgement on if real world gas prices have come down like the Henry Hub prices did until we get data for the past few months on real world gas prices consumers pay.

I go through that process once per month as part of studying data for my energy project where I added solar to my house, liked it, converted my two natural gas appliances to electric (thus I no longer get a nat gas bill), liked that even though I installed it right before winter, and thus completed the project by getting an EV and upgrading my solar system to the full system I wanted all along (after confirming through the prior steps and studying the data and costs to confirm it was worth going in that far). This last step was completed end of August last year.

Once per month (I love data LOL) I enter a few data points in a TSQL database and Excel spreadsheet and it all automatically calculates how much saved on gasoline by driving the EV (but add to my power costs), how much I save on natural gas costs (but also adds to power costs now that I heat my home and water with power), how much I save on power with solar producing 66.6% of the power we consumed this past billing period (not bad for a winter month), but also how much I had to pay with my new costs such as the HELOC payment and interest I pay for the low interest loan I took out to pay for almost all of this. The only data points I need are: power pulled from grid and how much it cost me, power my inverters report I consumed that billing period (most of which didn't come from the grid), odometer reading in the EV (to calculate miles driven), cost per gallon of gas at nearby gas stations (how much it would have cost in gasoline if most of our driving was still in ICE cars), and how much the average natural gas per cubic ft is for us Alabamians (which unfortunately is a few months behind, and doesn't match the exact price I used to pay but the rate of change does match my old rates of change, so a 5% increase in that data corresponded with a 5% increase in my old natural gas bill that month).

As the energy costs go up (on average), that's more money I save. As the HELOC balance is paid down, the HELOC payment goes down with it (more like a credit card payment than a mortgage payment). Thus as the years go buy it costs me less money (lower HELOC payment) to save money (avoiding most of the energy costs that mainly go up). Then the year after that it costs even less to save even more. Then after that it costs even less to save more. Etc.

That's how I'm trying to keep the Dims' stupid energy policies from draining mine and my wife's retirement financial plan with sky high energy cost inflation. I wish I could do that with other costs (i.e. grocery cost inflation).

15 posted on 02/23/2023 5:41:13 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: FlingWingFlyer
People will be buying a lot more bicycles.


16 posted on 02/23/2023 5:41:53 AM PST by SamAdams76 (4,895,899 Truth | 87,656,930 Twitter)
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To: SamAdams76

The liberals turning Americans into Chinese. The Ubers will be pulling Rickshaws. The Bolshies are taking us “Back to the Future”.


17 posted on 02/23/2023 5:48:48 AM PST by FlingWingFlyer (Remember what FJB Brandon said, "...more than half of the women in my administration are women.")
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To: Tell It Right

How is this possible? VP Harris just said those costs are down. Someone is confused.


18 posted on 02/23/2023 5:49:36 AM PST by grame (May you know more of the love of God Almighty this day!)
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To: FlingWingFlyer; SamAdams76
The liberals turning Americans into Chinese. The Ubers will be pulling Rickshaws. The Bolshies are taking us “Back to the Future”.

In all seriousness, this is why I'm a believer in both national energy independence (to keep other nations from doing it to our nation) and individual energy independence (to keep our own control-freak politicians from doing to our families). See comment #15. But that's only if it's possible for you in your area and only if you're willing to play the long game.

19 posted on 02/23/2023 5:52:03 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

To be honest, most folks are probably using 50-percent more KwH than you in a month....so you might be happy that you are in the lesser category.


20 posted on 02/23/2023 5:53:10 AM PST by pepsionice
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