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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?
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.
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.
Understand different types of electricity market structures. Understand the components of retail rate structures. Recognize how rate structure components affect total cost for different customer sectors. Assess how utilities use rate structures to influence end-user behavior.
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)
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
1 mar 2017 · If you take advantage of retail choice, an energy provider rather than the utility is responsible for buying electricity from power plants and getting it to your utility. The utility will still handle all other services like distribution, maintenance, and billing.
