That is certainly the hard TRUTH. Thanks for the examples. There is no easy answer.
I have known that electric rates were going to go WAY up (30-100 percent) THIS year from several sources, and so I have been waiting for it to happen. We just got a 'Newsletter' in the mail from our Electric Company and it gave a TON of 'excuses' as to why all the Electric rates will soon 'need' to go way up. I'm sure some are true.
They also mentioned about charging customers for whats called 'Peak load rates'. But the way it was worded was not exactly saying they were starting to do this to their customers. We have NEVER been on the 'peak load rates' at our new house. We have had the simple normal 'mechanical' meter which just measures only KiloWattHOurs and charges only for that.
So I got curious and walked out to see my meter today and quess what,, They had put in a new Digital PEAK LOAD meter without even telling us! We are now automatically on the MUCH higher rates of the PEAK LOAD. And I do not trust the Digital meters. They can control it any way they want. The old meter was a mechanically turning meter. Like you, It did upset us alot.
I did all the math and it is about 30-40 percent more to the monthly bill!
Evidently the rates will keep going higher according to the newsletter below. I thought some might like to read a quotation segment from this recent news letter since you will probably be getting one similar:
"FROM THE DIRECTOR:
The electric industry is entering
a new era of increasing demand and
increasing pressure on electric
rates. Most consumer concern has
been with increasing gas and oil
prices, but the time is coming when
electric rates will be part of this
mix.
Several factors are causing
concern for future rate escalation:
* The electric industry is very
capital intensive, with much of
its system being built fifty to
seventy years ago. It currently
needs a heavy infl ux of funding
to bring it up to date.
* Today's renewable energy
market is adding new pressures
on the electric grid system,
which will only add to costs.
Presently, the renewable energy
alternatives are more expensive
than the fossil fuels. As Capitol
Hill mandates increasing use
of renewables this in turn
increases costs.
* With increasing electric demand
on the system there comes
increasing needs in electric
generation. In today's dollars
this will be the most expensive
generation system ever built.
This becomes particularly
true when taking into account
the costs of compliance with
legislation that curbs carbon
emissions and other pollutants
in energy generation.
* The topic of climate change is
on everybody's mind. It's a
critical issue. With it however,
come even more challenges
to provide reliable energy
at reasonable rates. The
costs of new technology to
ensure cleaner energy will be
enormous.
* China and India's economic
growth has created a huge
demand in energy needs. This
translates into rising prices in
the bidding for available fossil
fuels. This will continue to
put pressure on our country's
energy costs, including
electricity for the unforeseeable
future.
Finally, for the electric cooperatives
our traditional funding received
from the Rural Utility Service
(R.U.S.), is in jeopardy of being
eliminated by Capitol Hill, as
they believe cooperatives are no
longer in need of this discounted
fi nancing. Therefore, cooperatives
will need to fi nd fi nancing
elsewhere which will be more
expensive.
These are just some of the
pressures being felt by both
investor owned utilities and electric
cooperatives throughout the
country. ELECTRICITY RATES WILL BE
GOING UP FOR ALL OF US.
It's just a question
of how much and how quickly.
What can you do as a cooperative
member? Take action in energy
conservation and efficiencies. What
can we do as your cooperative's
board of directors? Continue to
help management control our
internal costs to help minimize any
future price increases.
Additionally, we will continue to
work with other cooperatives to
take our message to Washington
to ensure rate control is kept in
mind when they work on expensive
climate change and renewable
energy policies." (END QUOTE)
So what to do, what to do? I quess Conserve, Conserve, and Conserve, or just live like the Amish!.
Like someone else said though, I also am working on making a Solar air/water heating system for my house and my parents house. Every bit helps.
And I've noticed the Sun is shining WAY more this winter than last winter.
Maybe there is a silver lining to this global warming thing afterall! (he he)
I think It still makes alot of good sense to learn about and install as much Re-newable systems as one can.
This Newletter also talked alot about the problem of people stealing electricity currently. Just wait till the new much higher rates start.
Things are going to certainly get Most difficult.