“...paying 4.29 cents per kilowatt...”
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Sounds pretty cheap to me.
Yep - $5.393 on MS Gulf Coast - and I consider it decent.
The $4.29 was for the “renewable source” and probably artificially low which meant they would be losing money from the get-go...and the town had visons of sugarplums dancing in their heads...
1960 prices
Remember here in NYS we also have on top of per kilowatt:
Merchant function charge
supply charge
Delivery charge
basic service charge
revenue decoupling mech
SBC charge (welfare/low income fund)
Then taxes on top of all these charges at 2.04%