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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?
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)
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.”
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 future to comply with Commission orders in the pending Net Metering
2 sty 2024 · 4 Electric Power Industry Stocks to Bet On. NRG Energy: Houston, TX-based NRG Energy, along with its subsidiaries, operates as an integrated retail electricity and power generation company....
21 lut 2024 · Despite lower fuel costs, retail electricity prices were projected to increase by 1.9% year-over-year, with residential prices potentially rising by 4.7%.
A rider is your share of literally any unplanned expense that the utility incurs. They already paid for this year's coal, they know what fleet maintenance and expected labor outlays will be, and what profit they will make. Riders cover the cost of storms, new taxes and regulations (hahaha), etc.
