Posted on 10/06/2023 7:36:38 AM PDT by where's_the_Outrage?
What’s even more insidious are the red states which allow their counties to provide electricity through any outside utility they wish. In Florida there is not one utility providing power to the state as a whole.
In Pinellas, Pasco, Polk and Hillsborough Counties, Tampa Electric is the monopoly provider. It serves no other Florida counties.
In turn, Tampa Electric was bought out several years ago by a Canadian utility company, EMERA, which got caught with its pants down in Nova Scotia, the province where it is located, by regulatory authorities for overcharging customers on their electric bills.
The Nova Scotia Legislature then passed Bill 212 in response, after fining EMERA hundreds of thousands of dollars. The new law placed a cap on rate increases. This in turn caused EMERA to seek a utility company to purchase where they could invest their capital and where they would not be subject to what it calls “regulatory override”.
So guess who they found. The US SEC approved EMERA’s purchase of Tampa Electric. All Tampa Electric shareholders including the thousands of its pole-climbers who had employee stock options linked to their 401-k’s were paid fifty-five dollars per share for stock which was trading at the time for around twenty bucks.
Nobody pursued any possible insider trading violations against anyone. The deal was kept secret up to the last minute. For over two years no one knew who the new suitor was going to be. Tampa’s mayor didn’t even know until it was in the papers after the fact.
Bottom line: Our electric bill went from average $160 per month in 2022 to over $320 per month in 2023. When you call TECO for help you get a goddamn robot. There is no customer service and you cannot even get a due date change if your life depended on it.
They tell you in your bill the increase in rates is a pass-through of increased costs to TECO for fuel it uses to generate the power they sell you.
And then they tell you the current bill is paying down only the increase in fuel costs from the previous year, not even the current year.
Wow. Just wow.
And you all want Meatball in the White House, am I right?
Let them shiver and freeze in the dark.
Not that I’m some sort of “tree huger”, and spoken from the vantage point of having spent my entire career in the electric power industry, the high rates here in NH are somewhat of an acceptable trade off for living in a state like NH, but it’s hard to accept the doubling of the rate over the last few years.
I don’t know if the Trenton Channel plant is idle downriver, but I don’t think I’ve seen anything coming from its chimneys in the past couple of years. I believe it’s a coal plant down near Monroe that still active.
“Keep voting Democrat for high energy prices, hordes of immigrants sucking up tax dollars, increasing crime and pillaging, higher inflation and a government that is growing so large it is frightening.”
Likewise keep sitting at home as the Trolls here tell you that “There is no difference between the parties”, or “Senator so-and-so is a RINO”. While you do that, please find a way to convince yourselves that the far lower electricity prices in red states is just sheer luck, kind of like winning a Vegas jackpot.
California rates are also skyrocketing too rates went up 23% Edison asked people not to use A/Cs until 9:00pm rates from 5:00pm to 9:00pm can double.
Oh yeah no charging EV’s until after 9:00pm
That assumes the spiffy new electric busses are actually running when they need to go.
Could the rise in costs also have to do with doing what is necessary to update aging systems, plants, and equipment? I don’t think such expenses can be avoided. The power companies may have even been mandated to do so. But are probably most difficult to meet in cities where a great many occupants fail to see any reason to pay for electricity. That means the cost is divided among fewer customers. Lucky honest guy!!!
Remember too that (AFAIK) disconnecting power for non payment is illegal during certain times of the year in some places. So the power company just has to eat that expense.
I am pretty sure the solution offered by more than a few politicians and community activists will be to put power companies under government ownership. That will go just as you would expect.
I live rural.
Heat in the winter=propane.
Ceiling fans in summer.
NO A/C.
Jan 2022—BILL for power == $75.56
Jan 2023-Bill for power == $89.29 Increase of 18.17%
Sept 2023 Bill for power== $113.38 Increase of 26.98% over 8 months
Increase of 50.05% over 20 months
SOC SEC hasn’t increased anything like this.
8 months S/B 9 months-—
Interesting that one of the cheapest is dark blue Washington state. The reason is that a large percentage of our electricity comes from hydro, the only true renewable source.
So, what does the crime syndicate which is the Washington State Democrat party want to do? Remove dams, the source of our cheap electricity.
My electricity rate this year went up from $.0454 per kWh to $.047. The nations
average is $0.1591 per kWh.
My bills in rural N Nevada: Power & Propane:
2022 total==$2458.60
9 months 2022==$1731.20
2023 9 months==$2242.53
9 months of 2023 === 29.54% higher
I have only 1 choice for power-—but I have many choices for propane
Not true. Charging stations at public libraries and county buildings. It's free!
I spent a lot of time working in northern NV. Lets see, Reno, Elko, Battle Mountain, Dumphy (in between Battle Mountain and Elko), and Winamucca come to mind.
Thanks to PA Electric Choice, I'm paying 9.5¢/kWh.
Oregon is as blue as the sky, but comes in at #39.
It’s one of the few areas where current inflation rates are almost unnoticeable....... for now......it won’t hold up.
“Consistent with EPA’s traditional approach to establishing pollution standards for power plants under section 111 of the Clean Air Act, the proposed standards are based on technologies such as
carbon capture and sequestration/storage (CCS)
low-GHG hydrogen co-firing”
“Base load affected facilities that follow the CCS pathway must meet a second phase standard based on 90% capture of CO2, using CCS, by 2035”
“Baseload affected facilities that follow the low-GHG hydrogen pathway must meet a second phase standard based on co-firing 30% low-GHG hydrogen by volume by 2032 and a third phase standard based on cofiring 96% by volume low-GHG hydrogen by 2038”
The Republicans had two years in DC (2017,2018) to clean up the US Code so the US people would not get stomped on.
Imagine what your future electric bills are going to look like.
Florida Power & Light is going utility-scale solar in a big way.
Note RFK jr was a major factor in blocking pipelines to New England.
With ERCOT in control of Texas electricity production, we might as well be a blue state.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.