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I received a bill from Duke today. Curious, I opened it up. And looking at the itemization, I owe them over $200 (?!?!?!) for a Retail Energy Rider in *addition* to my metered power usage? What the holy hell is this?
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.
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)
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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. Many businesses have found they can lower their utility bills without impacting their operations.
Customers who select a different generation supplier no longer pay the following charges to Duke Energy Ohio: Rider RC (Retail Capacity Rider), Rider RE (Retail Energy Rider), Rider AER-R (Alternative Energy Recovery Rider), Rider RTO (Retail Transmission Organization Rider) and Rider SCR (Supplier Cost Reconciliation Rider).
Net Metering (Rider NM and NM-H) 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
