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