eddie964

eddie964 t1_ixf7bqw wrote

Like I said, if you're looking for someone to be mad at about the supply rate hike, I would look at the owners of the gas generation plants, who make a profit off of the high prices.

I would also look at the politicians who helped block gas transmission line expansions, which is one big reason Connecticut's gas prices are higher than other states'.

I would also lay some of the blame at the feet of the last administration, which held up development of offshore wind facilities that would have reduced our reliance on natural gas.

2

eddie964 t1_ixf5li0 wrote

There isn't. There are plenty of reasons to be mad at Eversource. This is not one of them.

They are basically bill collectors for power generating companies when it comes to the supply rate. They procure power from third parties for customers, and charge customers what they pay, with no markup (as they are required to do by law)

Every penny of the supply rate goes to generation companies like PSEG and Emera. Those are the companies making money off of the supply rate increase, not Eversource and UI. It is disgusting that they are not catching the blame for it.

3

eddie964 t1_ixcic6a wrote

The gas is coming in by pipeline. We just need more capacity. Almost all of the supply used in Connecticut is domestic.

Strongly disagree about transitioning off fossil fuels. What's going on is the strongest argument I can imagine for moving to renewables. If this had happened five years from now, with thousands if megawatts of offshore wind operating off the MA and RI coast, we would be pretty well insulated from volatile fossil fuel prices.

Sadky, the last administration put those projects on hold, so the turbines aren't in place yet.

2

eddie964 t1_ixbebyr wrote

Sure they are, and that's fair game.

But it's not the delivery fee that's going up 50%, and those supply rates go straight to third parties, who are making a killing off the high prices. They must be laughing their monacles and top hats off watching UI and Eversource take the blame.

3

eddie964 t1_ixaduq6 wrote

It also kind of bugs me that the people who are literally profiting from this are getting off scot-free. When is the last time you heard PSEG or Emera mentioned in a news article about the supply rate hike? The money is literally going straight to them, and (unlike auI and Eversource) they are making a profit from it.

19

eddie964 t1_ixa0mdl wrote

They actually won't get a penny from the supply rate increase. If you're looking for someone to be angry at, look at the owners of the big natural gas power plants: PSEG, Emera, etc. They are the ones getting all the money. Eversource is just a pass-through.

18

eddie964 t1_ix9zb73 wrote

It still goes through Eversource. They are still your electric utility and run the electric grid that brings it to you; you are just choosing another generation supplier. The new supplier and rate will show on your Eversource bill.

12

eddie964 t1_iwufq8x wrote

I was never a fan. I found their locations to be uniformly overpriced and low on character. They never felt comfortable to me, and I was never tempted to spend an afternoon there lounging with a cup of coffee and a good book.

38

eddie964 t1_iwlupiq wrote

The average electricity cost in Connecticut is about 21 cents/kWh. That includes delivery (the service your utility provides, plus hidden taxes and fees) and supply (the cost of the electricity itself, which is paid to third parties).

The actual rate varies depending on your electric utility (UI in most of the New Haven area), and which generation supplier you choose. Check EnergizeCT.com for competing supply rates.

Typical Connecticut residential usage is 700 kWh/month, so if you do the math that comes to $147 a month, plus a monthly fixed fee of $12.84 for UI customers, bringing it to about $160 a month. Obviously, if you use a lot of electricity you're going to pay more. So if you plan to have a grow room in your basement, or if you're a big gamer, expect a higher bill.

4

eddie964 t1_iueshd1 wrote

Look for towns and cities with decent Middle Eastern/Mediterranean populations and seek out restaurants that cater to them. For example, West Haven has a Turkish population and has at least two very good Turkish restaurants -- Adana and Kebab House. There's also Sultana in Waterbury. There are usually Turkish speaking people at these restaurants. Their menus are Americanized, but I'd be willing to bet they have off-menu specials for their Turkish patrons.

1

eddie964 t1_iu29nwa wrote

For the record, there's a reason electric and water companies are granted monopolies (in exchange for regulation). If you think power lines are unsightly now, imagine five companies running separate sets of poles and lines down your street. And if it seems like the water company is always digging up the road in front of your house now, wait until there's a half-dozen of them competing for your business (not to mention the gas company....).

The best place to exert pressure is the regulatory agency (PURA), and the second-best is your local lawmaker's office. I worked at an electric company, and I can tell you from personal experience the extent to which the executives lay awake in bed at night worrying about pending regulatory decisions and legislation. (Not suggesting that I ever slept with a power company executive, mind you -- but I certainly got plenty of anxious emails from them during hours when normal humans are sleeping.)

10