Electric Bills

[cynic1]

Originally Posted by Chs2014

The national average cost for electricity is 6.5 cents per kilowatt hour, according to Forbes magazine. The highest rates are in New England, with Massachusetts having the 3rd highest rate in the country at 14 cents per KWH. Only Connecticut and Rhode Island are higher.

Today SCE&G's rate is right at 14 cents per KWH (13.6 for the first 800 KWH and 14.9 for all over 800 KWH). They want to increase that by 2.8 cents per KWH. If any increase is granted, customers of SCE&G would be in contention for paying the highest electrical rates in the United States. The rate is already over twice the national average.

According to the US Energy Information Agency .. part of the US Energy Dept ...for the first 6 months of this year ... the national average cost per KWH is 12.95 .... SC's rate is 12.69....highest is CT's rate of 23.06 ( gotta be burning gold)... I checked my bill for SCE&G .. and your numbers regarding them are correct.

I have to assume ... That SCE&G rate increase has to do with funding its share of the new nuclear plant... since the cost of gas and oil have fallen a lot this year.

[Ziggy100]

Originally Posted by evertec

Yep, I am getting 45 solar panels installed on my new house... should be finished next month. It's a good time to get solar, since there's 55% back in tax credits between state and federal, and cost of the panels has gone down recently. Still expensive, but it'll be worth it.

After factoring in your credits and cost, interest rates, etc. what does your cost per kWh come out to for going with the panels?

[IsNull]

When we built our home I looked hard at geothermal heating and cooling. The cost and payback simply wasn't there, and that was using their own projected cost figures.

[kingping]

I was disappointed in geothermal heating when I lived in a colder environment. Seems like not matter how high we turned up the thermostat it never felt really warm.