Sunny Boy wrote:In summer it's 3.5 cents a kw, total cost delivered. In winter that usually goes up to 4.5 - 5.5 cents kw because of the added cost for going over the village's limit.
If the power companies real cost to produce and deliver (while merely breaking even on expenses and upkeep) is say $0.06 per KWH, and you are getting it delivered for $0.035 to $0.055 due to being grandfathered into a contract, do you feel that the contract you have should remain valid forever, or should the power company declare force majeure and get things legally set right? Do you feel any level of guilt knowing that others are paying more so you can pay less (you lucky dog!
The contract is with whoever built and is running the St. Lawrence hydro and put their transmission lines up to get their power here - I think back in the 1920's - possibly earlier ? I believe the original contract was for 99 years. All the communities in NYS that signed on at the beginning, helped build that system and had to advance money for it to be built. The St. Lawrence end is sticking to the contract and it hasn't put them out of business, so . . .
I paid alot more when I lived on Long Island. When I moved here 22 years ago, we used to sell the Village's summer surplus power to downstate power companies like Con Ed and LILCO and I'd get a rebate on my electric bill. So, I figure I got some back after over 20 years of paying for the most over-priced, highest electric rates in the nation.
I don't feel guilty at all !