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Our power company (consumers power, Michigan) is offering us $500 per year to allow them to switch on our whole house generator (natural gas) during high energy days. Up to 50 hours per year. Is it worth it?
The RE rider is the primary energy generation charge from Duke. If you switch providers the RE rider goes away and is replaced by the generation charge (on a kWh basis) of your new supplier. Duke will still charge you the distribution fee (~0.039/kWh plus a fixed rider)
Retail energy rider is Duke’s cost of supply. If you look to the right where it says “cost to compare” they give you the per kWh cost you can compare to other suppliers. Other suppliers can be half the cost of Duke.
19 lut 2024 · You could end up paying a higher or lower rate for the electricity, but you would no longer see so many riders on your bill, including the retail energy rider, also known as Rider RE.
Excess generation credits are based only on the energy portion of the retail SSO rate (Rider RE). DEO recovers the cost of the excess generation credits through Rider SCR (Supplier Cost Reconciliation). The net metering tariff sheets will be amended as necessary in the future to comply with Commission orders in the pending Net Metering
Rider RE (Retail Energy Rider) recovers the cost of energy purchased by Duke Energy Ohio in the Competitive Auctions. Rider AER-R (Alternative Energy Recovery Rider) recovers Duke Energy Ohio's costs of complying with the State of Ohio's Alternative Energy requirements.
For example, FirstEnergy’s Rider PIR pays debt service on fuel and purchased power that apparently were first acquired more than a decade ago. AEP Ohio’s customers also pay a Phase-In Recovery Rider for “ fuel that was consumed but not billed to customers from 2009 to 2011.”
