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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.
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)
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.
1 mar 2017 · Reading your electric meter; Calculating and sending your electric bill; But if your state has a deregulated energy market, you have the power to choose where your electricity comes from. This means you can get your energy supplied by a retail electricity company rather than the utility.
The energy charge recovers costs for the electric energy (kWh) you consume in one billing period (approximately 30 days). It is represented in $/kWh or ₵/kWh. The monthly energy consumed is determined by subtracting the previous month’s meter reading from the current month’s meter reading.
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.
