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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)
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.”
Sector Stocks. The Energy sector has a total of 249 stocks, with a combined market cap of $3,515.07 billion, total revenue of $3,384.87 billion and a weighted average PE ratio of 12.00. Market Cap.
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
22 sie 2023 · A retail energy provider is a company generally operating in deregulated energy markets, offering consumers an alternative choice for their energy needs. Also known as retail electric suppliers, these entities purchase electricity and/or natural gas from the wholesale market (bulk purchases) and then resell it to residential and business ...