141–150 of 353 posts
The graph shows the price for 3100 kWh. I'm not sure if that is a very low annual amount or a very very high monthly amount. The average US household uses 10,000 kWh annually ~833 kWh per month. So I'm guessing most Americans reading the article and looking at the interactive graph are thinking either: this is very cheap or very expensive, depending on whether they are assuming it's monthly or annual. In the US the a…
Commercial energy broker here - the only 2 'real' costs in your price are the wholesale and supplier costs. Choose suppliers that offer a fully-fixed electricity contract, so that made up variable costs such as distribution, network, etc are all factored into the unit rate that the supplier charges you for your contract. Avoid smart meters at all costs. Renewable / green contracts are always a lot more expensive than…
Variable rate smart billing can be amazing if you have the right setup though! Eg. An electric car that can do V2G with the following; Power to the grid when Rate > Y and carCharge > 50% Charge the car when Rate There's various posts on electric car groups where people have the above setup and pull in ridiculous profits. Your typical electric car can output power for a very long time during the ridiculous 10000% pric…
Not where I live - Sweden - since there is a fixed energy tax raised on electricity. We buy electricity on the artificial 'Nord Pool' market at market rates + 2.5 öre (1 öre is 1/100 Swedish krona, at current exchange rates 1 öre is about equal to $0.009) surcharge which means that the actual electricity costs are 0 when the market rate is at -0.025 SEK/kWh. Such a 'free' kWh costs us around 0.88 SEK due to:
- 0.4280 SEK energy tax
- + 25% 'value-added tax' on top of that tax (yes, tax on tax is a thing here) makes this 0.5350 SEK/kWh
- 0.34 SEK//kWh 'transport charge' (this includes 25% value-added tax)
All this means the market rate per kWh has to fall below 0.905 SEK/kWh for electricity to actually be 'free'. This has happened but fortunately this is a rarity. Fortunately? Yes, of course. This basically only happens when there is a large discrepancy between electricity production and electricity demand/transport capacity which in turn lead to excessive voltage and frequency in the distribution network which in turn can lead to the network going off-line.
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you have to admit english people have a weird tick when it comes to poverty. you worship poor people. and yes, you guys willingly live like you are poor when you guys are definitely not poor
Not for long I suspect. There has been a rather marked exodus of millionaires from Britain since July as a result of a range of fiscal changes promised by the government. Some significant businesses have decided to relocate. Unrelated to this: now it's been found that a majority of Brits receive more in benefits than they contribute in taxes. Not a good outlook. Meanwhile it's estimated that the richest 1% of earners…
Isn't it an automatic requirement of the income distribution?
The median not being the mean, and all.
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It’s so insignificant that at best we might delay the climate catastrophe by a few seconds
People might not like this, but that's true. as long as non-western countries keep polluting - even if we achieve net-zero nothing will change other than us feeling better and patting ourselves in the back.
a) The transition to clean energy, transportation etc by Western countries funds the development and investment in new technologies. These then filter down to developing countries when the economies of scale kick in e.g. solar panels, electric cars.
b) There are also other benefits to cleaner solutions than just trying to achieve net-zero. Reductions in pollution reduce morbidity, improve productivity, improve happiness, secure food supply etc.
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People might not like this, but that's true. as long as non-western countries keep polluting - even if we achieve net-zero nothing will change other than us feeling better and patting ourselves in the back.
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Earlier quoted context omitted.
It’s so insignificant that at best we might delay the climate catastrophe by a few seconds
People might not like this, but that's true. as long as non-western countries keep polluting - even if we achieve net-zero nothing will change other than us feeling better and patting ourselves in the back.
Here's a controversial take: electricity is incredibly cheap for the utility it provides . It is also a fairly well working market in the current system context . I witnessed this by working for an electricity related startup and by doing all the math involved it was really hard to make the math work out right. The possibility to optimize is there but the margins are really slim, even with the large price swings in t…
Commercial energy broker here - the only 2 'real' costs in your price are the wholesale and supplier costs. Choose suppliers that offer a fully-fixed electricity contract, so that made up variable costs such as distribution, network, etc are all factored into the unit rate that the supplier charges you for your contract. Avoid smart meters at all costs. Renewable / green contracts are always a lot more expensive than…
This smells like an advert. Over the last year I've spent less money on energy by being on Octopus Tracker (which requires a smart meter) over any fixed tariff.
It hit £1 a couple of weeks ago. Ouch
It's cheap if you use the majority of your energy in the wee hours right?
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Did PG&E cause the fire? They are legally obligated to serve those customers. It would be safer if they simply didn’t do that no? Wait till you read the facts behind this $41m bailout for 20 homes in one of the richest burbs of LA: https://www.latimes.com/california/story/2024-10-29/feds-to-... You could argue that nobody should be living in a place guaranteed to be destroyed, whether by landslides or wildfires, but…
> This buyout program provides a viable pathway forward for our most vulnerable community members > Hong estimates that his home would have been worth about $3.6 million two years ago Yeah, this person who was able to afford a $3.6M home sure sounds like "our most vulnerable" people. He needs a bailout for making a poor decision on buying that house in a place prone to landslides. Not the hungry kids in our schools w…