Electricity rate comparison

HIghbeam: I thought page 5 shows residential rates....

I got your email Louis. I will write back!

Andrew

Not unless the canadian dollar is worth that much more than ours. 8.17(eh) vs. 10.0 (us)?

At least it's at par right now 1 CAD = 0.9977 USD

And on April 2nd 2012 it was
2012-04-02 0.9903 CAN 1.0098USD

It's right about .016/Kwh here and I suspect it will be going up since natural gas just went up 0.10 a therm. Might not sound like much but winter use for average house is around 150-200 therm so that's a $15-20 increase per month.

Every $ adds up....

Most rates went down because natural gas is cheap now. Thank fracking for that. $0.147 here all said and done. Down from $0.168

TS

We are running out if natural gas according to the gas company... Yet they export it to the Chinese and Japs.
They also said coldest winter since 1982, when its been really warm so far. I'm pretty sure they don't know their ass from a hole in the ground.

Over 24 cents a KW last time I checked up here. Oil for electricity, best of both worlds...

They certainly are not giving it away up there.....wowzers!

Well I feel blessed... Here in North Carolina I pay 9.2 cents per kw. I have a 5 kw solar panel array that I "sell all-buy all" It puts out 6 - 800 kw per month. The co-op pays me 4.2 cents per kw... Then I get 8 cents per kw from the state as a renewable energy credit. That $70 - $100 comes in handy... Kinda hoping rates go up

Not Really!

How much does a setup like that cost?

What?!?!?!?!?! $3K for a solar system? That's it? What would be the average turn around time for it to pay itself off?? Crap, I wish I had less trees around my house!

You can do it. Hydro Quebec wiil install a 2 way meter atYOUR cost and will only credit you from your actual bill what you are backgeeding to the grid and at 7 cent kwh. And there is no incecitive for personnal solar array in Quebec, so basically, it will never pay for itself, oh, and if you want to be grid tie, it needs to be a certify installation by a hydro spprouve contractor i think !

I want to eventually put a back up system on the house, and being grid tie will sonewhat lower the cost, but if you only looking at it financially, it is not a good investment for us, hydro quebec costumer. Me, I am thinking of it as a hobby, a sort of freedom and a peace if mind for the little survivalist hidden insude me, But again it is just a to do thing on the list for now, and as it is not making financial sense, it keeping falling at the bottom of the list !

3K refers to 3 kw... I spent about $24,000 for 5 kw. But, I get 30% back from Uncle Sam ($7200), 35% back from NC ($8400) and then sell the power. So I will have $8400 in the system after all tax credits. At $80 per month - about 100 months to pay off. Not a stellar investment - but, doing my part.

Joe: that seems like a decent deal! Did you install the equipment yourself?

I installed the panels - Had an electrical contractor (solar specialist) do the wiring. turn key project with them doing all of the work would have been $36,000. I had a south facing roof with 6 on 12 slope - not too steep. It was a very simple install.

Over here I pay 21 cent for 1 kWh. 400 kWh in December

Ha! That's what happens when your country builds Volvos Just kidding. How does Sweden generate most of their electricity? 400KWh is not much for a month. I just received my bill for 69 days (including CHristmas) and I consumed 3900 kWh. But I made mistakes in there: I left my heater on in my garage for a week (while it was -25 C) and I also left about 4000 watts of CHristmas lights on for 10 days. Ha ha.

ANdrew

That's almost twice my annual consumption

LOL. BUt remember I live in a climate where we had -25C at night and -17 in the day for 25 days straight or so. I also heat primarily with electricity, supplemented by wood.

How the heck can your annual consumption be 2000 kWh?!?!

My folks live in Northern Maine and they have never paid that much for power.

That isn't that hard to do if you are really careful about use. I generally use around 350-400KwH a month. 3900 KwH would be a ~$650 electric bill at our rates!

That is true..I have never seen rates really go down before....

Nate: it is no typo. But just remember that it is for 69 days. That is almost 1/5th of the year and it is during our coldest weather. Attached are 2 pictures: the first one is the average average cost per month over the past 2 years and the second one is the average consumption profile. The lighter band was last year and the darker one is this year. As I mentioned earlier, I have some of the (and perhaps THE) cheapest electricity rates in North America.