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Is Your Electric Bill Going to Sky Rocket? Electric Rates Going Up?
Are Electric Rates Heading for the Stratosphere?
Click Here for Video Obama and why electric rates will go up
I recently saw on TV that electric rates may go up next year. The idea is that there have been laws in effect for the EPA to force coal powered electricity plants to retro fit their equipment. Well, the older plants need this. This necessarily means that costs will go up. No one actually knows how much. There are two main arguments, each diametrically opposed in viewpoint. Let us consider them.
President Obama’s point of view:
We have health concerns with older coal plants. They spew mercury at high levels into the atmosphere. The wind can carry mercury and other pollutants across state lines. These pollutants hurt citizens in the following ways. First there is a higher incidence of asthma and COPD in places near to old coal plants. Children and the elderly are especially at risk. This means that there is a financial cost anyway, but it is born by the young and old.
The mercury that is released by the old style coal plants is a powerfully dangerous chemical. It especially hurts children. It causes mental disabilities, and therefore a lifetime of costs for the young that are affected. This is not a guess that this is happening. This problem has long been studied, and the effects are known and not disputed.
These old coal fired plants were scheduled long ago to re-tool for efficiency, and pollution worries. This has not happened. Why not make it happen? This is not a political issue, it is a human issue. We are killing and maiming people every day. Why don’t we protect the young, old and weak? Why don’t we protect ourselves?
Authors comment: The issue is for health safety which the country is moving towards with extra taxing of cigarettes for instance, and working toward a health care system that is not financially broke. Brain damage is a life long problem that is completely avoidable as a problem related to old coal power plants. The fear is that the electric rates will sky rocket, but could that be avoided? One reason they could sky rocket, is that the electric companies have made no plans for many of the plants. Yes, some have, and they are being implemented anyway. But, some are not.
If all these plants go offline at once, then we are saddled with a problem of supply. This too could hurt Americans. Why do we need to force all the change at once? This may not be necessary. Keep in mind that at some point these old plants will break down and have to be replaced anyway. Why not now? Well, a schedule could be used, where a certain amount of coal fired electricity plants would be replaced yearly let’s say. This of course would need to be done in a way so that the energy lobbyists don’t pay off congress to set the issue aside again, as has happened over and over for years.
The Electric Companies Point of View:
I do not see how the electric companies are in a position to argue against the clear health risks that at least mercury poses. Their argument centers on money. Retro fitting a coal fired electricity plant costs money. If done all at once it could very well cause a nightmare scenario. This scenario includes shuttering the coal fired plants all at once. This having the negative effect of lowering available electricity. This causes blackouts. This also causes electricity spikes. Especially for people on a month to month electricity plan this would be a disaster.
Even if the costs of upgrading coal fired plants to a newer plant or a retrofitted plant would in the end be born by the consumer. The upfront cost would be born by the electricity provider. That could put a huge dent in their pocketbooks. Some electric companies may not have huge sums of money available for this task. The electric companies see this problem not as a health issue, but as an economic one. Some even see it as a political one, government versus big business. Not all companies are fighting change and upgrading it should be noted.
Editors Note: Each side in this debate has strong reasons for what their point of view is. My personal point of view would be to realize that both sides have important concerns. Yet, why not merge them both together and find ways the up front costs are not impossible for the remaining electric companies? Why not spread the timetable out, and not allow political wrangling to stop a needed process?
Nevada and it’s Coal Fired Plants
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Cheap Texas Electricity Rates: In Texas
Cheap Texas Electricity Rates Electricity In Texas, Electric Deregulation
During the winter the cold tries to push its way into your apartment.If you become aware of a draft in an living area that could be the problem. Which could suggest its not insulated. There There could be a crack in the insulation. This could be expensive. You can locate insulating strips that you screw into the door that may block drafts coming into apartment. This will save money and lower on utility bills.
Ways to Save Electricity
Here is another way to save. If you have access to the water heater, it is a great idea to put out the money and purchase a water heater heat saver. You could be saving 17% or more of your electric bills. The insulating coverkeeps the heater from heating and re heating water to control many gallons of hot water.
To be direct, more people need help with the electric deposit than on the lowest rate side. But, I find they start out looking for lower rates. This is what lets me know buyers will be looking a long time. This is because most of the time, utility companies that ask for a lower electric deposit are taking extra risk. Let’s realize it, some people are going to leave the electric company high and dry. For some, through no fault of their own. For some others, not so much. So, to me anyway, it makes sense that electric companies that help with the deposit, should ask a little more per kWh.
If the cost of the electric service is very important thing. Then for for best results, turn your appliances off when not in use, and that means the unplug TV’s too. Turn the water heater down. Test the temperature with the refrigerator. By all means turn the air conditioner up when you leave for work. This way your family can have smaller electric bills and a lower electric deposit.
When you move next think about the shade when choosing a place. Try to avoid the summer heat in the south. Do this by getting a townhouse on the bottom floor. Everyone above you who runs the air conditioner, will send you cool air down to you. This is because cool air is dense, and it flows down hill. Get a house where the main windows Do NOT face south. All other directions is better, with North being the best. This is because the sun will blast you all day after 12. If you do have a south exposure, make sure those windows are insulated, especially good is to cover them with a heavy curtain. This can trap the heat near the windows. In addition make sure your front door and windows are not leaking air. There is a way to test this in the winter. When it is especially cold, see if there is a draft at the doors and windows. If there is, a quick putty fix will take care of it.
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Consultant Don writes about electricity and business.
He grew up fishing as a boy, and loves it to this day,
Visit PowertoChooseElectric.com
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How to Compare Electric Rates: Compare Startex Electric Rates
How To Compare Electric Rates : Compare Startex Electric Rates- By: Consultant Don
Getting a Good Deal on Electric Rates: Lock In Your Startex Electric Rates Today!
Get Electric Power with Startex Power
Startex (REP) is a well known Electric Utility (REP) whose corporate offices are located in Houston Texas. Startex Power offers residential customers several residential electricity rate plans. The rate plans range from month to month or 3 months, 6 months, 9 months, 12 months, 24 months and 36 months. Startex Power also offers Green Power. This is created by wind turbines.
The reason for the energy rate periods is simple. It is a type of insurance against changing electricity prices. Commonly the dilemma that energy users want to avoid is a rising electric rate market. This is an problem that residential electricity customers want to avoid. There are times that natural gas rates actually decline. Generally speaking, electricity rates in Texas fell during 2010. As we have seen, many people that obtained electricity on a fixed rate, usually would have probably have done better by not having any rate guarantees at all. After all, they cost money, just as insurance rates cost more the longer you want to be insured. It is the same with electricity rates.
Clues to Where Electric Rates are Headed: What the electric Companies Prices are Telling You
If you find that the further out you go, the lower the rates are, you have an inverted curve. That means electricity rates are expected to go down over time. The normal expectation is that it costs more the further out you go. If for no other reason than you must add the insurance cost to the rates, and insurance will cost more as time goes further out.
What is a Normal Electric Price Curve?
Usually, there are just two possibilities for a strong trend for electricity rates . Either demand is expected to change, or natural gas is expected to change price. The reasons for these can be mixed and varied. But they are the driving forces involved in price.
So, if you are checking electric plans. and see that the curve is inverted, just get a short term deal. That is if you want to go with conventional wisdom. Unless you are a commodity trader, I would suggest that you follow what the energy market experts are saying.
Don’t worry if you are thinking you will move. Residential Electric Providers will allow you to move, and they will just allow your rate plans, to continue at your new residential location. That is provided that you are remaining in a deregulated area.
Check the resource box at the bottom of this page to compare electricity rates with Startex Power.
Check Startex Electricity Rates Here
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Electricity Deregulation: Quickly Becoming a Reality
Electricity Utility Deregulation Across the states- By: consultant don
Summary
Electricity deregulation is quickly becoming a reality. Electric energy companies are gaining ground on deregulation, and that is a fantastic thing to happen.
Electricity utility deregulation is a timely attempt to turn the statewide monopoly of public electric companies into a brand new competitive marketplace. Electricity deregulation generally speaking breaks up the utility’s power over two of its most important features, That is electrical power development and electricity energy delivery. This is usually caused by bills passing in the legislature of a state. Maryland Electric Deregulation for instance is the result of a bill passed in 1999 by the Maryland General Assembly . Electric deregulation came to Maryland. But this huge change is not well understood by very many individuals.
The common U.S. price for natural gas used by the Electric utility sector tripled from $2 yet energy prices typically have gone up far less than that.
Electricity energy is now considered a commodity similar to natural gas, and as such is subject to market forces at the retail level . Energy in Oklahoma for instance is provided by investor-owned utilities regulated as to rates and reliability of service by the Oklahoma Corporation Commission, by municipalities and regulated by the state, Electricity deregulation began in the late 1990s when rates were capped on utility charges. Competitively bid electricity markets are good for American customers and businesses. As a result of the deregulation of the electricity generation market in Illinois, new means to purchase power have emerged. One of the new products that a customer can buy is green power. For instance wind energy and solar energy have been developed.
Changing Electricity rates can have a ripple effect throughout our community and could profoundly affect the lives of some of our residents. It has been stated that rates in all states, regardless of their regulatory structure, have soared about 34% since 1996, matching fuel cost increases.
We are dealing with a more competitive environment these days, and it makes sense to deregulate the energy sector. At the time when the telecom industry deregulated there were certainly bumps along the way. But, it would be really hard to find someone that thinks they would rather have it the old way. One large company deciding every price, and every new idea would be hard for todays consumer to accept. Without the ability of other company to enter the markets, we will only have one vision. That would be a vision of a company that does not need to work hard. That is because they own the market and supply of what is badly needed, and have no real reason to innovate. Deregulation changes all of that.
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Electricity Rates are on the Rise for Residential and Commercial Customers| What You Can Do
Residential Electricity Utility Rates are on the Rise
We know that Residential Electricity Rates are based on a customer’s power requirements. Residential Electricity Rates are purchased on a month to month basis or on a contract basis. Generally speaking, consumers and businesses need to know what their electricity rates will be. An electricity contract can do that. Usually you can get between 1 and 3 years on a contract. If the curve for energy is U shaped, then you will likely save money as rates are anticipated to rise over this time period. If rates are flat, then it will cost very little to insure yourself against the possibility of rising rates over time. If the curve for energy is an inverted U, then rates are expected to go down. In this environment, it would be wise to stick with short term contracts from your chosen provider.
Residential Electric Rates are high and threatening to go higher as demand continues to increase. Consumers and even businesses do not have the time nor expertise to find the best provider (REP) for their needs. It will usually take lots of trial and error to do this.So, what I am saying is that electricity rates in Texas change greatly depending on what residential electricity provider (REP) you choose for your energy supply and what type of term you sign up for. Having a reliable energy consultant is a must in today’s high cost energy environment.
Get an Energy Consultant
Our Electric Consulting Company serves residential and commercial customers within the State of Texas.The companies we offer are electric provider and operates under their license with the Public Utility Commission of Texas. With our knowledge and experience we can provide our customers with some of the best rates in the State of Texas. Our commitment to quality demands we provide the best customer experience available. We choose to represent strong electricity provider (REP) that meet our criteria for excellence, customer service and strength.
Residential Electricity Rates are Rising
Even though Electric Utility Rates have been increasing over time in Texas, there is a lot of fluctuation in pricing. This depends on your location and which electricity provider you purchase from. That is where our services at Cheap Texas Electric Rates comes in. We help you find the best rates in your area. This is for both residential and commercial electricity rates. Energy consumption is measured in kilowatt hours ( kWh ), which is how the utility company tracks energy usage. so it does also matter how much electricity you use to determine your price.
No one wants to see Energy Rates rise, but if they must, the best reason is to bring consumer bills down. With the economy still weak, it may be time to expand the clean energy argument to: environment and economy and lower household bills. The amount of money that you are going to be asked to pay per kWh of electricity used in the home is likely going to go up. However, this doesn’t mean that your own electricity bill needs to rise along with the rates. Smart use of energy-saving tips around the home can keep your electric bills low even though rates are rising.
Evaluating Electricity Provider (REP) and Plans
Evaluating Electric Rates and plans doesn’t have to be difficult. Our process eliminates bias and confusion allowing customers to get to the process of evaluating rates based on their unique needs. Contact electricity utility provider individually in the most inefficient way to obtain rates and each contact that is made, increases the chance that a customer will be fielding follow up phone calls and e-mails from heavily biased salespeople
Another reason that electricity rates are rising is because electric companies are feeling the economic crunch. Many people started to reduce their use of electricity in their homes in order to save money during the recession. Electric companies have suffered as a result since this means that less money is coming to them. Unfortunately, many of their costs of maintaining electric lines are still the same as they were before. This has resulted in a need for money. They hope to offset their recession losses by increasing their rates.
You can compare Texas Residential Electric Rates with multiple electric utility provider in Texas as there are over 50 different providers to choose from. Not all of these electric provider (REP) offer rates that disclose all fees and because of this you can accidentally sign up for a too good to be true offer. Let a trained energy consultant help you find the company that truly meets your needs.
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