Author Topic: Everyone’s an Energy Trader  (Read 1502 times)

ergophobe

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Everyone’s an Energy Trader
« on: August 29, 2022, 03:58:45 PM »
Everyone’s an Energy Trader as Power Bills Hit the Sky in the US (Bloomberg)

https://stocks.apple.com/AQJSdf_NSSia-OMD_wE6RFQ

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That’s because under so-called customer-choice programs that predominate in these states, consumers have the option to go with a variable rate of electric, oil or natural gas — usually the priciest option — or lock in a fixed rate that comes with a term ranging from six months to as many as five years

Another segment of the US economy goes self-service.


rcjordan

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Re: Everyone’s an Energy Trader
« Reply #1 on: August 29, 2022, 05:26:05 PM »
In NC, power rate change requests must go before the Utilities Commission - a tribunal that is usually leans pro-consumer. (Louise's mom was Chief Clerk.)  I wonder how long before we'll be forced to subscribe to contracts like BOL's.

rcjordan

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Re: Everyone’s an Energy Trader
« Reply #2 on: August 30, 2022, 02:49:28 PM »
I'm seeing a steady number of howls about rates & power bills from central & western NC.  Some of it is attributed to increased consumption due to the higher-than-past summer temps, but there is a price hike in the mix, too.  (I'm not on Duke Power.)

Rising natural gas prices push up Duke Energy electric rates in NC
https://www.whqr.org/2022-08-29/rising-natural-gas-prices-push-up-duke-energy-electric-rates-in-nc

rcjordan

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Re: Everyone’s an Energy Trader
« Reply #3 on: September 08, 2022, 02:19:29 PM »