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Your electricity rate is going up, and you probably don’t realize it

By | September 13, 2012, 8:55 PM PDT

Electricity rates are rising as transmission infrastructure ages and needs to be repaired, but the details often go unnoticed in statements. People typically just pay what the bills say they owe.

Recently, Pacific Gas & Electric asked the state of California for permission to raise rates up to 15% to bring itself up to code. Other rate hikes are occurring in Charleston, Kansas City, Los Angeles, New York City, and Seattle.

Gen110, a company handles the provisioning of equipment and financing for home microgrids, and then bills the customer for their electricity use, is using spiking rates as its marketing message to entice customers to buy solar power.

It has compiled a video of ‘random’ people being asked what they pay per kilowatt hour for electricity. Only 23% of the respondents knew (strange considering they would likely know how much they paid for a gallon of gas and if it went up 5 cents).

Click below to catch the video:

(Image credit: Gen110)

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David Worthington

About David Worthington

David Worthington is a contributing editor for SmartPlanet.

David Worthington

David Worthington

Contributing Editor

David Worthington has written for BetaNews, eWeek, PC World, Technologizer and ZDNet. Formerly, he was a senior editor at SD Times. He holds a degree from Temple University. He is based in New York.

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David Worthington

David Worthington

David does not have financial holdings that would influence how or what he covers. Occasionally he consults for other companies; should David cover a topic in which a client is involved, he will disclose this fact in his writing. His views do not represent those of ScaleOut Software.

He writes for SmartPlanet and is not an employee of CBS.

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0 Votes
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Raising electric costs
Seems that business's answer to all problems is RAISE THE PRICE. Bummer!
Posted by finny@...
14th Sep
+2 Votes
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"People typically just pay what the bills say they owe."
.....and the choices are......???????????
Posted by rttedrow@...
14th Sep
0 Votes
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Maybe I'm atypical
In the east half of North Carolina the rates have been constant for over a decade, 9.5 cents/Kwh in the winter six months and 10.5 cents/Kwh in the summer. Easiest to think of it as a dime year round. (Eat your heart out, California.) These rates may change depending on whether Progress Energy (east half of state) is absorbed by Duke Power (west half) or not.

Maybe I'm atypical but I didn't have to look these numbers up. I've been aware of them for years.
Posted by lmarks@...
14th Sep
0 Votes
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rates are too high as they are.
I pay 9 cents, accomplished by shopping around and finding plans that lock the rate for 6 months, and starting those contracts when rates are low just before simmer. Its still too much money. it should be 7 cents.
Posted by opcom
14th Sep
0 Votes
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I think we're all missing the point
Although it's true that electricity rates are consistently rising, and that awareness simply HAS to increase from the general public, the fact is - people aren't yet doing everything they can to save electricity and energy at home.
This is the equivalent to buying a truck and complaining about it's gas mileage!
First, people should start doing their best to moderate their energy bill, and then complain about prices.
I found some useful tips here: http://www.top10ways.org/top-10-ways-to-save-electricity
Posted by saveguy
Updated - 14th Sep
0 Votes
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100% increase here in one year!
of the facility fee... Not a LOT of money but still..
Posted by bookmanpc
14th Sep
0 Votes
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Told to fly coach.
The Massachusetts AGs office just pushed back on Columbia Gas over a requested rate increase.

It is good to know that $100,000 in corporate jet travel will not be passed on to rate payers.

http://www.mass.gov/ago/news-and-updates/press-releases/2012/2012-09-13-columbia-gas.html
Posted by Hates Idiots
14th Sep
+1 Vote
+ -
Nothing to see here, just move along.
It's just more of the inflation that the government says doesn't really exist.
Posted by JohnMcGrew@...
14th Sep
0 Votes
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Linemen
unless you are or have been a lineman no one can understand the hazard of the job. Yes I've worked live line repairs and new builds live. No we do not kill the power to work on the lines, they are live. Transmissionlines can be rerouterd to be worked bare handed, distribution has to be worked hot unless storm damage has caused the outage. the power cos. have kept rates down but the rebuilding & maintaining lines is expensive. Someone has to pay to "flick" a switch for energy; yes the customer sorry to say.
Posted by Lymon1
14th Sep
0 Votes
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electricity prices
In England, I pay about 11p per unit, so that is quite a bit more expensive than the USA ( don't mention gas prices! O.K. it is around 1.40 per litre. I don't have the conversion to $ per gallon, but it sure is a lot of dollars) The article says that people just pay what it says on the bill. Well if you don't, you get cut off! Simple!
Posted by kitemanmusic
15th Sep
0 Votes
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PAY IT FORWARD!!!!
Here in Georgia USA we all pay for a non existent nuclear power plant that is being built by Southern Co at Vogle. They initially said it would cost something like 80 million dollars. Everyone in the state has to pay $12.00 per year to "build" this power plant so the Southern Co can make additional profit.
Posted by usdoc1
16th Sep
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