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I received a bill from Duke today. Curious, I opened it up. And looking at the itemization, I owe them over $200 (?!?!?!) for a Retail Energy Rider in *addition* to my metered power usage? What the holy hell is this?
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)
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.
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.”
Want to better understand the various components of your monthly Duke Energy bill? View a sample bill for explanations of the features and charges.
14 lut 2024 · Cami: A “rider” is a charge, not included in base rates, that allows a utility to recover the costs of specific programs, credits and purchases. Once Duke sets a rate for your energy bill, they legally can’t change it, so riders are essentially a loophole to add adjustments to your rate.
