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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: w0z who wrote (5155)10/23/2017 4:07:40 PM
From: Kirk ©  Respond to of 26837
 
Thanks.

NC is far cheaper than CA. DO you use coal for most of it?

Energy Charges: Summer (June – October) Winter (November – May)

1st 1,000 kWh per month 9.979 ¢ per kWh...............9.979 ¢ per kWh
kWh >1,000 per month.....9.979 ¢ per kWh...............9.479 ¢ per kWh

We're much more expensive, especially when you consider our baseline is the first 300 KWh!

I believe FPL (Florida) where my friend lives is 7¢/KWHr....



To: w0z who wrote (5155)10/29/2017 12:09:37 PM
From: Kirk ©  Respond to of 26837
 
PG&E Electricity Rates

Digging more into my bill now that I have two months on the new system with 100% carbon free. Rates are raw and ignore taxes, credits, etc....

Generation Charge:
$0.0673 per kWH for 542 kWH (not sure if there is a higher rate for higher usage)

Delivery Charge:
Tier 1: 313 kWH at $0.19979 /kWH
Tier 2: 228 kWH at $0.27612 /kWH ( think it is up to 626 kWHr)
Tier 4: above $0.40139/KWhr

I believe we have high delivery charges because they have to do things like replace power poles that burn down in the fires AND since they paid out so many dividends to shareholders, they had to raise rates to replace gas lines after they exploded and killed people a few years back. I also believe they have huge legacy pension costs that are not discussed a lot... so we keep paying more and more.

pionline.com
The company's traditional defined benefit plan was closed Dec. 31, 2012. Employees hired after that date are eligible to participate in a cash balance plan.

As of Dec. 31, defined benefit plan assets totaled $14.73 billion, and projected benefit obligations totaled $17.31 billion, for a funding ratio of 85.1%, up from 84.3% a year earlier. The discount rate for the plan dropped to 4.11% in 2016 from 4.37% the previous year.
and it looks like they missed the great returns by being only 27% in stock! Dumbazzes!
The plan's target allocation is 58% fixed income, 27% global equity, 10% real assets and 5% absolute return.