Search results
Our power company (consumers power, Michigan) is offering us $500 per year to allow them to switch on our whole house generator (natural gas) during high energy days. Up to 50 hours per year. Is it worth it?
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.”
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)
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....
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.
Electric Service Reliability Rider (ESRR) Recovers vegetation management costs for its distribution system. Due to significant increases in contractor costs in recent years, the Company’s expenses to comply with Ohio’s rules regarding vegetation management have increased. $10.7 million of vegetation management expenses included in base rates.
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).
