Lower Electric Bill NOW!

[ireefny]

would you guys consider switching Electric Company (from Con Ed) to save about $0.14/kwh?


only available in 5 bor. for now.

 

[DrGonzo]

how?

 

[kenske]

tell us more.

 

[jhale]

this may not be true, but someone told me that when they switched electric companies con ed charged a line fee to deliver the power and the savings were negated by that fee.

 

[DevIouS]

Sounds like SPAM!:grumpy:

 

[inkblue]

i'm gonnA savE money bY breakIng down my tank

 

[Awibrandy]

this may not be true, but someone told me that when they switched electric companies con ed charged a line fee to deliver the power and the savings were negated by that fee.

The offer for saving by switching companies is on the electric bill, LIPA bill as well.
But now I would like to find out if in fact there is a fee attached with it. Although I was told that nothing would change except that of the savings.

 

[thirty5]

It is along the same lines of you being able to select your own telephone company for local and long distance. I was working with line guys running fiber lines for a company that i cant remember (brain fart). But it was a company other than Verizon. They were running lines to an office building. But they said that they will make money, The lines will be tied into Verizons infrastructure and verizon will maintain. But Verizon has to sell the bandwith at a much lower price than to basic subscriber. So there is a profit for the other company.

Hope that all makes sense. You have to have an option for utilities....

 

[ireefny]

I just recently heard of it through a friend not in the Reef comunity. I asked him the same skeptical questions ( Im a NY'er too), so I figured post this question up first & maybe hear from someone that has experience. The Company is Texas based, under "Shell" group. if there is enough interest I can ask him for a website or maybe a sales rep to talk to us.

PS. Im saving money by going FOWLR :letitallo

I shall now be called as "the reefer formerly known as ireefny"

 

[Chiefmcfuz]

From what I remember it may sound cheaper now but they still need to buy the electricity from con ed and then you get hit with other fee's like a switching and line rental charge. I would look at it very closely.

 

[home wrecker]

yea theres a delivery fee from con ed ...i made the switch an it actually came up more than my con ed bill so i switched back

 

[leoskee]

Its all a big scam and we end up paying the price regardless of what we try to do.

 

[sporty]

I smell---GROUP BUY!!!!---lol

 

[ming]

ditto here. Tried the switch and the delivery fee made it a little more expensive. Eventually switched back

 

[nyfireman3097]

yeah I talked to con ede a lil bit back ago and they told me that in the long run theres no savings. What this is here is that if you decide to sign up because of this he will get a cruise or discount of some kind. I know others that are doing this and I dis agree with it

 

[masterswimmer]

Up here in cow territory we have Orange and Rockland Utilities (O & R). About three years ago O & R sent out notices in all their monthly invoices. The notice advised us that we can switch electric suppliers for competitive rates. They offered the homeowner a $25 credit to their next bill if they switch. They were encouraging the switch.

What they do is still provide the means for delivery (lines) and the maintenance of those lines, but the new company will provide the electric. There would be two charges on our bill. One charge for electric and one charge for delivery. Both charges, O & R and the new provider would be included on the same bill generated from O & R.

O & R included a list of various providers that would offer a quote for electric per Kw hour. I did the research and made the switch. The fee that the new provider supplies is fixed at the beginning of the year for the remainder of the year.....regardless of the fluctuation of electricity charges. This change saved me money over the course of the three years. However, this past January we received a notice from the supplier that they could no longer provide electric at the rates previously charged. They went out of business and we were hence forth switched back to O & R. My rates went up.

Bottom line, do your research. It can benefit you (IF YOU DO YOUR HOMEWORK). I was bummed that I was switched back to our local utility company.

swimmer

 

[ireefny]

I guess the promise of cheaper electricity is just a big scam for us New Yorkers. figures.


lets all move to CT:tired: (darn you Warren)

 

[cb747]

I hear good things about solar energy becoming very affordable in the next few years. I think it was something i saw on the science channel recently.

 

[meschaefer]

My wife wants me to put solar panels on the roof for the sole purpose of powering my reef.

 

[gsmsalty]

I remember a dead line decision came and went this year; we needed choosing a billing/provider plan or a default was chosen for us. The state leg made nyseg switch the default on way or another to/from the fixed/variable rate. I pulled my hair out for a couple days looking at what info I could, and there is potential savings, and yes there is delivery fees added on; the companies own and upkeep the lines. Some may chose paying more by going with a green source of energy. In the end for me, I couldn't put my finger on any one plan certain to save more than a couple dollars a year and let the default take over.
BTW Solar costs are about $6 a watt installed w/o tax rebates for being tied to the grid.