Recent comments in /f/RhodeIsland

ProvBroker t1_j5ytecv wrote

You don’t need more people for more demand. The amount of money in the system had ballooned and the cost of that money had plummeted. All of easily accessible cash stokes demand. Same amount of people, the activity increases to match the opportunities of cheap money.

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ProvBroker t1_j5ysju7 wrote

Lenders will allow some income of an occupied multi-family to count towards the mortgage applicants income for the purposes of preapproval and determining spending ceiling. So often times borrowers are approved for a much higher value on a multi-family home. So sometimes it can work out to be more affordable on a monthly basis.

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degggendorf t1_j5ypqzl wrote

> Given that "the best deal possible" is 49% higher than what you were paying a few months before isn't really a deal it's just a way to normalize being shit on by a monopoly.

Do you really think that the only reason rates are higher is because RIE is making more money? Nothing outside of PPL is influencing the cost of energy?

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Coincel_pro t1_j5yooat wrote

And? The power company is going to let you keep the lights on indefinitely without paying? No, they'll come after the past due bills with collections and once you hit the cutoff date you'll be cut off.

The relevant point here is that will ultimately be the repercussion for collective action if its not done to an extent that massively impacts RIE.

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Forest ---- trees

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Impossible-Heart-540 t1_j5yog5r wrote

I think a lot of people start with this point of view.

But then we get old and it gets pointed out to us that our property is worth more (aka our wealth is greater) if it can be accessed by a publicly paid for road, can be saved by a publicly paid for fire company, can be protected by a publicly paid for police department, and my family can be supported by a publicly paid for school district.

Nevermind the the time I save not having to go to the dump, or the safety of publicly paid for sidewalks, and monitored water systems.

All of which is paid for by property taxes.

Really what we should be focusing on is value for taxes and whether revenues are shepherded well, not whether they should exist. Absolutists don’t like to hear it, but socializing some expenses via taxes actually does make us all richer.

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Coincel_pro t1_j5yobh4 wrote

Hey that's great, 1st time in 3 years I've seen an advertised supplier actually cheaper than the default.

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Given that "the best deal possible" is 49% higher than what you were paying a few months before isn't really a deal it's just a way to normalize being shit on by a monopoly.

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It's not "Good" that alternative sources are now competitive because the default source has increased their pricing so much.

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I already have my own solar array so I did everything I could to avert this bullshit.

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StinkyDingus63 t1_j5yng90 wrote

Me and wife are in the same boat. We looked for a while last year with two different realtors. We almost bought a house but backed out because it was way too small and especially for the price. A lot of houses in our price range are junk and not worth the money.

We live in a apartment that has rate hikes every year too, we’re about to jump to 1,500 for our one bed.. been there three years. We’re currently working on getting into a two bedroom in Warwick with a private landlord who is asking a way better price. So if all goes well we’ll live there and ride out this market and save our money. Hopefully me, my wife and you guys will be able to buy a house soon.

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degggendorf t1_j5yh3lw wrote

>which of them are cheaper than the current RIE rate?

I left the link so you could check for yourself, but I guess I can click it for you to tell you that SmartEnergy is currently cheaper.

You can also join a community solar project and save 10% off your total RIE bill whatever the rate is.

>the alternatives are not cheaper making the whole thing moot.

If ever other option were more expensive, that would mean you're getting the best deal possible. You see that as a bad thing?

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