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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. Other suppliers can be half the cost of Duke.
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)
Net Metering (Rider NM and NM-H) 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
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.
Energy Retail Suite (ERS) supports a range of products and market segments. Our electricity meter billing software monitors supply for periodic meter readings.
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).
