Electric rate hike kicked in

[It's Just Me]

I only fill up with premium high octane electricity in my truck

If I may be so bold.......Holy F@cking Sh!t

 

[TaxmanHog]

My garage rate won't come down from 49c/kwh to 26.6c/kwh until next billing cycle, just got the Nov/Dec bill $551, when it could be $299 for 1124 kWh, note I have electric heating in the motorcycle workshop during winter months, I need to update that to a heat pump this spring now that I have the extra capacity.

 

[frautumn]

Rates in CA (PG&E at least) are out of control. I hadn't paid much attention to mine for the past few years since I got solar in 2016 and it covered all of my usage (and then some), even with charging my Chevy Volt. Now with the Lightning my avg monthly usage has doubled from 500 to 1000 KWHr, so I'm now seeing a huge true-up bill looming in April. My current rates are 0.28/kWhr off peak. I could switch to the EV rate but that's not much of a savings at 0.25. Just 4 years ago the EV rate was 0.14.

Nuclear fusion can't come soon enough!

 

[LightningShow]

Yup, our new garage service was activated 9/30, we had 16 days at the National Grid summer rates then it jumped to the winter rates on 10/15. We assumed incorrectly they would set up our third party energy provider as it is for the main house from Constellation, now we've requested the change. Once done we will be at 27 cents a kWh from around 38 cents (including delivery rates)

I hadn’t even noticed that i was already on a Constellation municipal plan. The previous owner must’ve signed up. The contract for my town runs through Nov 2023 at $0.10/kWh. So, i’m protected from that big hike for 11 more months.

 

[ragj1976]

I hadn’t even noticed that i was already on a Constellation municipal plan. The previous owner must’ve signed up. The contract for my town runs through Nov 2023 at $0.10/kWh. So, i’m protected from that big hike for 11 more months.

What town? Same rate that I just signed up for. Seekonk here.

 

[TaxmanHog]

What town? Same rate that I just signed up for. Seekonk here.

Just up the road from you in South Attleboro.

 

[wighty]

Upstate NY: Interestingly my bill spiked from around $0.12/kwh to $0.17/kwh for a few months (August-Sept, Sept-Oct) and then dropped back down to around $0.11/kwh in Oct-Nov. I've seen a slight bump in those shoulder months previous years but never up to $0.17, usually $0.14.

 

[It's Just Me]

Well, just got my new bill today on way into work.

$316.69, and that is with solar as I mentioned before, but I have no real comparison because for the past decade I have made way more than I ever needed.

Big learning curve to this, which makes me wonder, how in the holy hell is this EV push from the feds and California (especially) going to really shake itself out?

I'm now spending as much on my new electricity usage as I did for gasoline on my '15 F-150.

And California is going to make it so most, if not all, semi trucks are electric.....Just spit-balling.

 

[MM in SouthTX]

Rates in CA (PG&E at least) are out of control. I hadn't paid much attention to mine for the past few years since I got solar in 2016 and it covered all of my usage (and then some), even with charging my Chevy Volt. Now with the Lightning my avg monthly usage has doubled from 500 to 1000 KWHr, so I'm now seeing a huge true-up bill looming in April. My current rates are 0.28/kWhr off peak. I could switch to the EV rate but that's not much of a savings at 0.25. Just 4 years ago the EV rate was 0.14.

Nuclear fusion can't come soon enough!

It can be interesting to compare notes. I was struck by your 1,000 KWHr usage. I am also amazed at a lot of people who say that solar charges their truck for free. I have solar, but it does not keep up with my usage.

For those who are interested...

I am on the South Texas coast, where the nightly low temperature for several months of the year is about 82 degrees, with 85% humidity. Our A/C's run 24/7. If they didn't, the house would rot. I have 3 A/C's for our 4,100 sq ft one-story. Here is my usage.

That's with a solar array delivering 1 MW/month in the summer. Also with natural gas water heating, heater, and cooktop. (Yes we need heaters too, just not as often! Supposed to freeze around Christmas time.)

Fortunately I am in an electric co-op. Last summer the rate was $0.07585/KWh. At the end of the year we get a rebate amounting to about 5% depending on the year, so subtract that. Right now we are at $0.10266/KWh. My latest bill is below. (Amount due is negative because of the rebate/capital credit adjustments. It was low this year. Sometimes up to $600.)

We try to use electric appliances while the sun shines, but still usually end up selling a bit of energy back at a loss. If only I could charge during the day, but there is that pesky work problem that most of us have!

With my rates and no state tax incentive, my solar investment recoupment is like 17-20 years. I did it anyway, because I think it's the right thing to do.

If my rates were like those I see in CA and MA, the solar recoupment would be quicker, but I definitely would not have bought an EV.

 

[jimfigler]

Upstate NY: Interestingly my bill spiked from around $0.12/kwh to $0.17/kwh for a few months (August-Sept, Sept-Oct) and then dropped back down to around $0.11/kwh in Oct-Nov. I've seen a slight bump in those shoulder months previous years but never up to $0.17, usually $0.14.

Yep I’m here in western NY and noticed the rate fluctuations between 0.130 to 0.157. we contacted NYSEG to get a new meter for TOU plan but have not heard back. I wish I had done that when I had my Kona EV but that got twice the mileage per kWh so it I never pushed it.

 

[jimfigler]

Well, just got my new bill today on way into work.

$316.69, and that is with solar as I mentioned before, but I have no real comparison because for the past decade I have made way more than I ever needed.

Big learning curve to this, which makes me wonder, how in the holy hell is this EV push from the feds and California (especially) going to really shake itself out?

I'm now spending as much on my new electricity usage as I did for gasoline on my '15 F-150.

And California is going to make it so most, if not all, semi trucks are electric.....Just spit-balling.

So your truck is costing at least $317 in electric a month?

Even with gas dropping in cost a daily commute would cost $10.5 in gas in the 2019 Ram 1500 I had and $2.80 in electric for the Lightning. But I only commute 2 or 3 times a week, $28 - $34 a month.

 

[It's Just Me]

So your truck is costing at least $317 in electric a month?

Even with gas dropping in cost a daily commute would cost $10.5 in gas in the 2019 Ram 1500 I had and $2.80 in electric for the Lightning. But I only commute 2 or 3 times a week, $28 - $34 a month.

I suspect it is costing me a bit more. It's hard to figure out because, as I said, I banked a whole lot of juice with my solar system. That's all gone. So now I'm paying every month, which I expected to, however not this much, and wasn't even expecting half this when the rates were less than half of what they are now.

I drive a good bit. About 18,000 miles per year. I was spending about $400 a month on gas for my old truck when it went stupid earlier this year.

As it is, IF gas gets back to the $2.20 ish that it was 2 years ago I'll still be paying a lot more than I would with an ICE truck.

 

[ivan256]

In MA, it's difficult to recommend municipal power communities strongly enough.

The first two things anybody should look for before buying a home in MA is whether they have municipal power, and FiOS. If not both, no deal!

 

[JRTN34]

Eversource is literally doubling our service rates here Jan 1 to $0.24/kWh before their owned tacked-on delivery charges (we'll land somewhere around $0.37/kWh). People who say they'll save on gas by going EV have never been to CT. Gas was $2.93 this morning. At the new rates it will actually be cheaper to use an EA+ station than to charge at home. This state is going to struggle getting people to convert to BEVs. None of the new F150 Lightnings even qualify for our $2,250 CHEAPR tax incentive (only the MY22 Pro falls under the $50K MSRP cap).

I'm in CT on Eversource not happy about increase, but it makes no difference for me regarding having the Lightning. I love my Lightning because it's far better than a gas/diesel vehicle. I don't miss twice weekly visits to the gas station, oil changes, the smell of gas and exhaust. The driving experience is just much more fun and comfortable. If the electric rates slow adoption, that's fine, the manufacturers still can't keep up with demand. In the long run it will all work out.

 

[It's Just Me]

In MA, it's difficult to recommend municipal power communities strongly enough.

The first two things anybody should look for before buying a home in MA is whether they have municipal power, and FiOS. If not both, no deal!

It is astonishing how much the price difference is in those towns with municipal power vs. Eversource, or (God help you) Unitil where you might as well just bend over for monthly butt whooping.

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