OVERKILL
$100 Site Donor 2021
Originally Posted By: SHOZ
One of the problems with the Forbes article is the cost and how they are determined. In Illinois the actual producer does not directly sell the electricity. While Exelon (owner of the nukes) does produce power and sells it in the northern part of the state, they first sell it wholesale then buy it back again from Ameren which is the transmitter of the power.
My electrical coop does not produce any power. They buy it from the generator who is also a national coop power provider.
Here is my electrical use for 2015, notice how the cost are broke down.
Yes, your system is definitely quite different from ours. Our prices, which are the rate the Generator/Provider (OPG, Bruce Power....etc) sells to the utility is set by the regulating board (Ontario Power Authority IIRC). They then dictate the rate that we, the ratepayers, pay to our Utility, which covers their costs and makes profit for the government. Our local Utility has 5 (IIRC) hydro electric dams and a 10MW solar farm as part of their own generating capacity, but it has no effect on what the ratepayers pay (our local capacity) because they do not set the rates, even if we were able to generate all our own capacity locally. What DOES differ is a separate charge that appears on your bill in the form of a delivery charge, which is something HydroONE (the largest provider in the province) dings their ratepayers for, but those of us still using a local utility (PUI in my case) are often insulated from. So while I pay the same rates as a HydroONE customer, my bills are much smaller due to the lack of the delivery charge.
The delivery charge and the increase in the rates in recent years are the direct result of provincial subsidies to green energy companies and providers like HydroONE (and my local utility) to encourage the roll-out of things like wind and solar. Energy from those sources is then subsidized again; those sources are paid significantly more for their power than traditional sources. This can be as high as 17-18 cents a KWh.
One of the problems with the Forbes article is the cost and how they are determined. In Illinois the actual producer does not directly sell the electricity. While Exelon (owner of the nukes) does produce power and sells it in the northern part of the state, they first sell it wholesale then buy it back again from Ameren which is the transmitter of the power.
My electrical coop does not produce any power. They buy it from the generator who is also a national coop power provider.
Here is my electrical use for 2015, notice how the cost are broke down.
Yes, your system is definitely quite different from ours. Our prices, which are the rate the Generator/Provider (OPG, Bruce Power....etc) sells to the utility is set by the regulating board (Ontario Power Authority IIRC). They then dictate the rate that we, the ratepayers, pay to our Utility, which covers their costs and makes profit for the government. Our local Utility has 5 (IIRC) hydro electric dams and a 10MW solar farm as part of their own generating capacity, but it has no effect on what the ratepayers pay (our local capacity) because they do not set the rates, even if we were able to generate all our own capacity locally. What DOES differ is a separate charge that appears on your bill in the form of a delivery charge, which is something HydroONE (the largest provider in the province) dings their ratepayers for, but those of us still using a local utility (PUI in my case) are often insulated from. So while I pay the same rates as a HydroONE customer, my bills are much smaller due to the lack of the delivery charge.
The delivery charge and the increase in the rates in recent years are the direct result of provincial subsidies to green energy companies and providers like HydroONE (and my local utility) to encourage the roll-out of things like wind and solar. Energy from those sources is then subsidized again; those sources are paid significantly more for their power than traditional sources. This can be as high as 17-18 cents a KWh.