High Electric Bills Are the Tip of the Iceberg

American Thinker ^ | 14 Feb, 2025 | Jessica Marie Baumgartner

[Tudorfly]

Electric rates and bills in Maine have doubled or more in the last two years. Not good for businesses and fixed income folks.

[hal ogen]

Our electric cooperative charges us $.065 per KWH. Not bad. The nobama maladministration tried to sue the cooperative and destroy it. We won in court. Screw LOIB nitwits!

[hal ogen]

LOIB should be “LIB”.

[Bon of Babble]

California, as always, leads in these hare-brained ideas which inevitably back fire, especially with a governor whose sole focus seems to be on "climate change."

"PG&E customers pay about 80% more per kilowatt-hour than the national average.

The average electric rates in California are 34 ¢/kilowatt-hour (kWh), which is 31% higher than the national average electric bill of $2,703.

Also at the pump. Gas today is ≈ $4.50/gallon, apparently only surpassed by Hawaii. Last time I was in Hawaii a year ago, California's gas prices were higher.

[rktman]

“Watts” the generating mix? As an example, the last fiasco that ran rampant over us planned a 30 million acre wind farm in the Gulf of America to supply 11 million homes. Even on the face of it doesn’t sound like a good deal.

[PIF]

47 said that AI companies will be able to build their own power plants - so any excess could go to the grid, helping until Coal is restored and Nuclear plants come one line, along with rescinding the onerous restrictions on Gas plant emissions.

[deport]

https://www.capitaliq.spglobal.com/Articles/428863003.png

The US wind industry is on high alert after President Donald Trump issued an executive order halting offshore leasing in federal waters and pausing both offshore and onshore permits, approvals and loans pending US Interior Department review. Though industry experts expected the incoming administration to block future offshore wind development and potentially rescind past lease sales and project approvals, the expansion into onshore wind "has the potential to catch the US power sector by surprise especially since it targets the few areas where federal authority can impede projects," Peter Gardett, head of energy transition research at financial services platform Karbone, wrote in a Jan. 21 note to clients.

[Bluebeard16]

I’m in NW Indiana and my current gas/electric bill from NIPSCO is $615.00. That’s for one month. I’ve never had such high utility costs.

[sarge83]

In Kentucky we are on a similar plan. I pay $194 a month and will settle up in July. Right now I am about $360 to the bad. My electric bill in December was $369 and in January $459. I have new efficient heat pumps but the cold had them running a lot. My mother-in-law had one heat pump down and the other running at 65 and got a $600 bill for January!

When I bought the house 20 yrs ago in similar winters I might have hit $250-$275 in actual usage. Kentucky Utilities is always before the Utilities Public Screw’em Commission getting another price increase. There are months when we use substantially less KWH and still have higher bills than the last month.

The utility used to “come read the meter” monthly and my bill averaged $285 a month. Then one month a new reader suddenly said they were afraid of dogs even though the previous reader would love to see our dogs and pet and play with them as he was reading the meter and I got a guesstimate which was really high, so I joined their self meter read program and after two readings my balanced budget monthly payment dropped from $285 to $165 wonder what was happening here and in July the last two years I have had $30 and $50 settle up bills.

Now they have put up Smart Meters, this will also end badly for the consumer I’m sure.

[1Old Pro]

Perhaps we should frack in New York, we could easily lower the price of natural gas and allow people to heat their homes at reduced costs. But the NYS government has the wrong priorities.

[vpintheak]

Hmm... Shut down nuclear, coal, gas plants... replace with “green” power and the green just leaks from your pockets.
Amazing!

[minnesota_bound]

Price deliberately raised to force you to go without a/c or enough heat on a cold day.
The insane democrats do this while killing 100 million chickens to stop you from eating chickens and eggs. Same for cattle to raise prices.

Then there are the road diets where they remove a lane or two and turn them into bike lanes or do not cut the brush or the trees making huge fires a likely occurrence. A million dead trees in Big Bear, Calif (above Los Angeles) due to a beetle killing them. They cannot be removed because the democrats say let nature take it’s course. The next big fire will be there like what happened in Paradise, CA.

[RetiredArmy]

Yeah, we have the danged Public Service Commission criminals down here that keep allowing these raises. I heard yesterday that they may be back for more.

[Tolerance Sucks Rocks]

According to Ameren’s Nasdaq listing, the company’s top shareholder is Vanguard Group Inc., a global hedge fund investment company focused on assessing “climate risk” and “net zero emissions.”

BlackRock Inc. is Ameren’s third top shareholder, another global investment hedge fund focused on climate change. BlackRock Inc. and Vanguard Group Inc. are also the top shareholders of Con Edison, PG&E, and the WEC

Die, corporate scum!!!

[minnesota_bound]

If you are wondering why the price of electricity has skyrocketed it is this.

BlackRock and Vanguard are the top shareholders of the majority of American electric companies.
Just like they buy up entire subdivisions of new homes and other homes for sale then rent them to people and sell policies to people so they make a steady 5% a year that raise the cost of buying a home for individuals to high levels they are doing the same for electric rates.

The nuclear Diablo Canyon power plant in California which was scheduled to close by the democrats because they said it cost too much to produce the electricity. Actually because it is nuclear powered and they hate Americans having cheap energy.

The cost is .06 cents a KW.... You are paying at times more then .30 cents a KW because of the policies of closing coal and oil and natural gas power plants and the nuclear Diablo plant. It was scheduled to start closing in 2026 but was then allowed to stay open till 2035 because gov hairgel newsom plans on running for president in 2028 and does not want blackouts happening in California.
Why blackouts? Diablo produces 9% of the electricity in California and the democrats still want to close it down!!!