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Re: PA electric rate increase

Posted: Thu. Feb. 01, 2024 9:32 am
by k-2
nut wrote: Wed. Jan. 31, 2024 9:05 pm US electric rates affected by LNG exports

https://www.yahoo.com/finance/news/another-sneaky ... 02772.html
Ck if Hunter is getting a check out of this somehow .He seems to profit from everything the old man does. And also its an election year so theres that.

Re: PA electric rate increase

Posted: Thu. Feb. 01, 2024 9:38 am
by Rob R.
In my area the variable rate direct from the utility company almost always works out to be the cheapest long term. Every fixed term plan I have seen advertised in my area has turned out to be more expensive. We might be a bit unique due to the amount of hydro power in the grid.

Re: PA electric rate increase

Posted: Thu. Feb. 01, 2024 9:45 am
by nut
If we stay with the utility company, PPL in my case, we get a fixed rate plan usually a couple cents more than the best alternative plan. A large part of ours is NG generated now and took a huge jump when the Ukraine thing started.

Re: PA electric rate increase

Posted: Thu. Feb. 01, 2024 10:12 am
by k-2
In my zip code i can normally get at least 3c KWH cheaper that the utility rate. Which is more than 20%.

Re: PA electric rate increase

Posted: Thu. Feb. 01, 2024 10:21 am
by nut
In that article it says the last 3 Presidents went along with exporting our energy. We should go back to keeping it here. This is why when I hear " Drill Baby Drill " I say " Not In My Back Yard".

Re: PA electric rate increase

Posted: Thu. Feb. 01, 2024 10:45 am
by k-2
nut wrote: Thu. Feb. 01, 2024 10:21 am In that article it says the last 3 Presidents went along with exporting our energy. We should go back to keeping it here. This is why when I hear " Drill Baby Drill " I say " Not In My Back Yard".
Should help the huge trade deficit we have but not by that much. Oil and gas are some of the few things we still produce here that the rest of the world wants and needs. Along with coal. Not much else. And not very hi-tech.

Re: PA electric rate increase

Posted: Fri. Feb. 02, 2024 10:42 am
by waytomany?s

Re: PA electric rate increase

Posted: Sat. Mar. 02, 2024 9:57 am
by k-2
Rates holding steady. Im at 8.8 Cts generation but i see AEP offering 7.9 for 9 months.

Re: PA electric rate increase

Posted: Sat. Mar. 02, 2024 10:11 am
by nut
k-2 wrote: Sat. Mar. 02, 2024 9:57 am Rates holding steady. Im at 8.8 Cts generation but i see AEP offering 7.9 for 9 months.
I was going to switch to them this week but their website required me to call. Instead I went with another cheap 3 month plan.

Re: PA electric rate increase

Posted: Sat. Mar. 02, 2024 10:20 am
by k-2
nut wrote: Sat. Mar. 02, 2024 10:11 am I was going to switch to them this week but their website required me to call. Instead I went with another cheap 3 month plan.
I try to stick with 9 month or more plans so i dont have to change all the time. They rarely renew at the low rate.

Re: PA electric rate increase

Posted: Sat. Mar. 02, 2024 10:36 am
by nut
Yeah that was my intention but I did not want to talk to a salesperson. Also they might be the ones spamming my texts with "you must call by the end of the day". I was with them once or twice before. I usually switch to a longer term/ higher rate plan in the summer months when my bills are low then switch to a cheapy plan for the shoulder months when I use electric heat.

Re: PA electric rate increase

Posted: Sat. Jun. 01, 2024 10:54 am
by k-2
PPL dropping its standard generation rate 6/01/2024 by 10% From 11c to 10c KWH.