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  1. The total electric portion of my bill was 173.90. The Retail Energy Rider was 98.68. Energy Rider was over 56% of my bill. This is crazy! Has anyone been able to sign up for another energy company and had much lower rider on their bill?

  2. 20 lut 2024 · She said riders allow Duke Energy to recoup the cost of specific programs, credits and purchases that the company makes. But what customers are seeing on their bills now is called a rider...

  3. 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.”

  4. 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.

  5. 19 lut 2024 · The rates went up and this increase in cost was passed to the customer through charges such as the retail energy rider, also known as Rider RE, a fee the state allows electric companies...

  6. Understanding your utility bill is an important first step in lowering your energy costs. This guide provides you with simple and direct explanations of the components of your utility bill and how it is calculated.

  7. Want to better understand the various components of your monthly Duke Energy bill? View a sample bill for explanations of the features and charges.