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Fuel Charge on Electric Bill

Discussion in 'BBS Hangout' started by greenhippos, Aug 23, 2011.

  1. greenhippos

    greenhippos Member

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    So I got my entergy bill in this afternoon, normally it's between $50 and $80, never lived in a big place and I'm gone a lot. But this bill I see a total of $119.... I didn't start using 80-100% more this past month, in fact I'd argue I was here even less. So I look at the specifics, see $97 in electric charges, quite a bit, but still somewhat reasonable. Then I look at the Fuel Charge and see $56.50, what hell is that anyway? I seriously have no idea and from the quick google search all I can see is that it's the charge of getting me the power, but $56 for a one bedroom apartment?! It all added up to just under $160 but I had a $40 credit (always paid more than the actual bill because it was always relatively cheap) I am aware that it's August and more power is consumed to keep your place warm, but not anywhere near twice the amount, my limited knowledge withstanding.

    So I thought I'd post here and get some feedback, isn't $56 in fuel charges on $97 worth of electricity a lot?
     
  2. greenhippos

    greenhippos Member

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    keep your place cool*
     
  3. Dr of Dunk

    Dr of Dunk Clutch Crew

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    http://www.entergy-louisiana.com/faq/faq_consumer.aspx

    Q. What are the energy and the fuel charges on my bill?
    A. The energy charge covers the cost of operating and maintaining Entergy’s system. For electricity, this includes the cost of power plants and power lines. To calculate the electric energy charge, multiply the total number of kilowatt hours (kWh) used during the monthly billing period by the current rate per kWh. For gas customers, the energy charge is based on the amount of gas you used recorded in CCF (100 cubic feet). To calculate the gas energy charge, multiply the total number of CCF used during the monthly billing period by the current rate per CCF.

    The fuel charges on your bill cover the cost for the fuel needed to generate electricity and any purchased power acquired to meet customer needs. This charge is a dollar-for-dollar pass through to the customer and is closely regulated. Entergy does not profit from the monies collected through the fuel charge.
     
    1 person likes this.
  4. greenhippos

    greenhippos Member

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    Got yourself some rep my friend. I still think that amount is outrageous but it can always go down.
     
  5. JuanValdez

    JuanValdez Member

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    Deregulate.

    Seriously, from what DoD posted, it sounds like you are paying a variable rate where you are exposed to fluctuations in the wholesale price. This past month in Texas has been a crazy power market with the drought and sustained high temperatures all over the state. We've seen prices in the market of several thousand dollars per megawatt and a lot of deregulated retailers taking big losses. Entergy is probably passing on only part of the pain.
     
  6. greenhippos

    greenhippos Member

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    I am. Thing is I just moved so I don't think I can lock in a rate as of yet, even though I have been with the company for over 4 years, I think the new place will keep me from getting it.
     
  7. macalu

    macalu Member

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    if you're not bounded by a contract now, go to powertochoose.com asap and sign up for a fixed rate.
     
  8. MoonDogg

    MoonDogg Member

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  9. leroy

    leroy Member
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    Why do you pay more than your actual bill?
     
  10. weslinder

    weslinder Member

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    Most (if not all) of Entergy's market isn't deregulated. That link will likely do nothing for him.
     
  11. JuanValdez

    JuanValdez Member

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    Right. Entergy customers are in regulated territory. They can't switch providers. He might be able to get a fixed rate product from Entergy though.
     
  12. greenhippos

    greenhippos Member

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    I like to pay my bills in even amounts, if say my bill is $68.93, I just assume pay $75 and thus my bill the next month will be a little less, and it carries over. No important reason behind it really.
     
  13. greenhippos

    greenhippos Member

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    I checked online, and it says I could potentially get a fixed rate, but that fixed rate would be $140...??? I've only had one month even close to that, and most were half that amount.
     

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