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ajh

Electricity Bills

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You may or may not be aware that a slow-moving weather system has brought high temperatures to the US, and in particular to California, during most of July.

Now one of the big electricity suppliers in California has a sliding price scale, with the lowest rate for 'base consumption' of the first 15.4kwh/day averaged over the bill. Rates climb from there as electricity consumption increases, and the highest rate (which cuts in at about 46 kwh/day) is about 3 times the lowest.

So right about now the July bills have been hitting households that have had the air-conditioners running on their McMansions all month. And some of these houses, especially those built recently, are very large by UK standards and very energy-inefficient.

Bottom line: there are quite a few reports of people getting hit with a MONTHLY electricity bill which is over $US1000, or 550 quid. That's gotta hurt :o .

The California-based housing blogs are seriously suggesting this, along with petrol prices, might be the pin that bursts the bubble over there.

Edited by ajh

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You may or may not be aware that a slow-moving weather system has brought high temperatures to the US, and in particular to California, during most of July.

Now one of the big electricity suppliers in California has a sliding price scale, with the lowest rate for 'base consumption' of the first 15.4kwh/day averaged over the bill. Rates climb from there as electricity consumption increases, and the highest rate (which cuts in at about 46 kwh/day) is about 3 times the lowest.

So right about now the July bills have been hitting households that have had the air-conditioners running on their McMansions all month. And some of these houses, especially those built recently, are very large by UK standards and very energy-inefficient.

Bottom line: there are quite a few reports of people getting hit with a MONTHLY electricity bill which is over $US1000, or 550 quid. That's gotta hurt :o .

The California-based housing blogs are seriously suggesting this, along with petrol prices, might be the pin that bursts the bubble over there.

Fuel costs were behind the last three HPCs that the UK and US went through at the same time. The shere cost of fuel increases has not yet worked its way into the system fully. IMO, it will hit around October and become a full-on crisis by the Spring. Sadly, I cannot see how a sharp recession will be avoided.

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They're paying over 45 cents per kW/h once they use more than 46 kW/h per day? That's some very expensive power we're talking about! :o

But then, California is the place where it's impossible to build a power plant so it serves them right really. You just can't expect to rely so heavily on precious natural gas burned in ancient plants and have build any new ones across the border and not pay a fortune for electricity.

Nonetheless, three cheers for the Hydro where I am (Tasmania, Australia). Run the air-conditioning or heating as much as you like for about 6.75 US cents per kW/h (a bit under AUD 9 cents). And of course hardly any greenhouse gases, no nuclear waste, no need to worry about oil/gas barrons jacking up the price, you can drink the "waste" product and catch fish from the fuel stockpile... Obviously hydro isn't the universal answer, although worldwide use could certainly be increased, but it's time to put more effort into renewables IMO. At some point we will have NO choice in the matter since non-renewable energy sources are just that.

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Wait until the winter months come around this year especially if you live in the mid-west.

My natural gas bills averaged 300 USD per month last year. God only knows what's going to happen this winter.

Natural gas bills could double this winter (US and UK)

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Wait until the winter months come around this year especially if you live in the mid-west.

My natural gas bills averaged 300 USD per month last year. God only knows what's going to happen this winter.

Natural gas bills could double this winter (US and UK)

Yes, there's a high risk of some tragic stories in the news this winter with the rises in energy costs that are going on. Every year we here of the elderly struggling with heating and with such low inflation(!) I'm sure the annual increase in pension isn't even worth mentioning in recent year. Those gas and electric bills are gonna soar when the cold sets it. Lets just hope we have a mild and short winter.

AFP

p.s Its no wonder the goverment meddles with keeping RPI/CPI so low as many benefits and payments are based on it.

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There's a reason why people in the past generally haven't bought 4000 square foot houses unless they're rich...

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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