Electric rates.

Are you asking how much you'll be spending if you use 2200/2300? See the charts above. If you use 2200 kWh, your price will end up being about 11.6 cents/kWH and if you use 2300, it'll be about 12 cents/kWh. For 2200, your bill will be around $256.09 not including any other fees or taxes and for 2300, it would be around $275.94.

 

Speaking of this thread... y'all conserve :

ERCOT Issues Conservation Appeal to Texans and Texas Businesses

 

For the months you gave, you would've averaged $0.1322 per kwh. That's a pretty solid price IMO. You should still check what you get on a flat rate plan though in comparison.

 

Where are you finding some of these batshit crazy plans lol. The one with the $248 base charge is nuts. I've put the numbers into the spreadsheet. You can see it with different tabs on my previous post.



The 4change plan is easily the best one for you usage

EDIT: Actually, the New Power plan is pretty close to the 4 Change plan for most of your months. However, if you end up not using much power at all for a month (say you take a month long vacation), the New Power plan absolutely hurts you badly.

Here's the spread sheet link if you want to look at the equations:
Google Sheets Link

 

Oh my. Are you guys really breaking out math and Xcel sheets to analyze and debate electricity rates here in the Hangout?

 

Unfortunately that's the reality we're in right now in Texas. Spreadsheets are absolutely necessary to ensure your electricity plan matches your usage. You could be spending hundreds more per month if you pick the wrong plan.

 

Moving from regulated (Entergy) to an unregulated area in Spring. I haven't had to shop rates and companies in a decade. Looking over powertochoose but I'm not sure who's really good or not.

 

I was comparing bills from my last plan rate (for last year) to my current rate for my newer plan. My average rate before was like 10 cents per kwh and is now 13.5 cents per kwh. Last year's bill was around $177. This year's bill was around $230. This is for approximately 1630 kilowatt hours used. Last year's plan would have had a $75 usage credit for 1000 - 1999 kwh but outrageous rates if I didn't hit that range. No usage credit on my new plan versus having more of a flat rate for all ranges.

I'm definitely going to raise my thermostat higher to mostly 80 degrees versus ~ 77 degrees before. I've also been running my newer variable speed pool pump more often at higher speeds and low speed overnight. I'm going to change the pump settings to only run 8 hours a day.

My old pool pump which was recently replaced ran at 3450 rpm at one speed only. It was definitely inefficient and a power draw because I used to run it more to use more power to try to stay in range for the usage credit in winter months. I think I will see cheaper bills than before in cooler months because we all know A/C is the main draw and I can run the pump at a lower speed for 8 hours in cooler months. I also won't be trying to hit that range to get a usage credit like I used to do...which is an inexact science meaning I usually draw more power than necessary to hit the minimal 1,000 kwh to get the usage credit. I foresee probably 750 - 850 kwh used in the cooler months. In a year's time, I'll have to average it all out to see what my monthly average bill costs are and compare to last year.

 

Ultimately all of the companies are the same. The company you pick from PowerToChoose is just the entity that bills you. I've never had any issues with any of them. I'd just pick the company with cheapest flat rate plan with no base charge or incentives to hit a specific usage threshold. It's the least amount of work. You can pick a company that's 100% renewable for a bit higher price if you want to support renewable energy generation.

Though if you feel like you have a really really good handle on your power usage for the entire year, some quirky plans like Mr Scarface posted can save you some money. It's just more work to keep up with it than I'd like.

 

That's neat. These more quirky plans are hard to find on Power To Choose. Good to have this site it in your back pocket.

 

I will say that some companies are better at hedging than others. When Hurricane Ike hit (maybe it was a different storm) and natural gas prices (and electricity as a result) spiked, my provider kicked me off of my plan (this was for a commercial property). Afterwards, I only signed up with larger companies that could withstand a market shock or would have better internal controls. In a stroke of luck, I signed a 5 year contract back in 2019 for our commercial properties at a fixed rate. The company honored it during the winter storm when prices went crazy, so that was nice.

I didn't hear horror stories of companies claiming "act of god" so maybe I would have been fine with anyone...

 

Good point that I didn't even think about. I also luckily signed a 5 year contract extension in 2020 for work which locked me at around an average of 9.6c/kwh. I was hesitant about signing a contract for that long, but it ended up being a great decision that locked my price til November 2026.

 

Hah. When I used to do this all day long at work to reverse-engineer Japanese electric plans/bills, it was about the most fun I had. Plus, if you don't do this, you'll just be like "I think I'll use about 1800 kWh... and that looks like it'll be around 11 cents ... yeah, I guess that's cool." and end up paying way too much per month. And they're hoping you do that. I mean look at some of those crazy ass plans Mr.Scarface posted. lol. "If it's a Tuesday and your mother-in-law is on I-45, and you don't use your washing machine, your rate is 8 cents/kWh!" Makes me laugh and be pissed off at the same time.

I live in a co-op's area, so I don't have the ability to choose, but I can't complain. I pretty much pay near the lower-end of the rates I see and don't have to worry (yet) about looking for a new plan every 12-24 months or worry about being locked into a plan for 36 months with an escape fee of several hundreds of dollars.

Haha... couple of degrees... that should reduce the increase by $100. Jk. I don't know, but when the rates have gone up as much as they have combined with the temps we're having, you'd probably have to turn the thing off to save money. lol. And geez, a pool? That thing is just a hole in the ground that sucks money year-round even though you're only really going to use it a few months, at most. I'm seeing people around here griping about how much water they're using to top their pools off in this heat every other day. Save your money and buy a new Breville toaster oven, dude.

 

Oh go operate on your dunk moves! I’ll have enough extra money to buy one whole roasted Tom Thumb chicken a month. Yea...pool water evaporation is a b**** right now.

 

making sure I hit certain usage targets for the discounts and credits spoiled me as I’d turn the AC down to 64 and even run it in the winter to cool down the house at times. I finally ended up using energy ogre to do all of the plan renewals for me. One perk of being in a co op now is not having to deal with it anymore.

 

I know electricity rates are way up but why is a pound of turkey deli meat $10? Yet, I can buy a whole roasted chicken for $9 and have ample chicken meat to make twice as many sandwiches as I would have if I bought the pound of turkey. Can somebody explain that to me dammit?

 

Global warming. Unlike chickens, who can reproduce in the warmest hatcheries, turkeys prefer cool conditions to get it on. Only the skankiest turkeys are willing nowadays. That led to a shortage of turkeys, hence the increase in price. Covid 19 also hurt the turkey population hard as they are the most ardent antimaskers and antivaxxers in the poultry community.