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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...
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 · 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...
This guide to deciphering bill rider charges would apply to a sample 2019 residential bill for FirstEnergy’s Illuminating Company. The first eight items are included in the bill’s Distribution Related Component, according to FirstEnergy spokesperson Christopher Eck.
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)
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).
