It seems like SoCal Edison is targeting the outliers, and with this model, they may be able to make enough additional revenue to leave the majority of consumers relatively untouched. Obviously, because this is a tier based system, if you are consuming different quantities of electricity than the national average, you may be hit with significantly higher increases than this, but it is up to you to run those numbers. So, what we can see is that the cost for an average household will increase, but it will be increasing by an almost irrelevant amount. Here are the original and new costs for SoCal Edison’s plan: If we go off of this data, we can calculate the cost by using the 897 kWh value. In the United States, the average annual consumption of electricity in 2016 for a household was 10,766 kWh, or 897 kWh per month. To get a better picture of how this may affect you, we can look at the average amount of electricity a household uses to see how much the overall bill would have increased. Extending the quantity of kWh within tier 2 and keeping the rate the same will be beneficial for the majority of households, but let’s see if this is true overall. Īnother important thing to note is that the cost for tier 2 stayed the same, while the amount of kWh within this tier increased by almost 100. Similarly, the cost for tier 3 went up by 6.5%. The number of kWh included in tier 1 increased by 9.9%, and the rate for this tier also went up by 6.25%. First, SoCal Edison has raised the threshold for entering each tier. Here were the original rates for SoCal Edison:
The 3 tiers stack on top of one another and are based on the total quantity of electricity that the customer uses each month. There is a total of three tiers, and each tier has a different rate. SoCal Edison uses a tier system to determine the rate at which a customer will be charged for their electricity consumption.
SoCal Edison’s New Electricity Rates (Out of Date)Ĭlick here to scroll down to the updated SoCal Edison Rates!
#Edison 5 tier bill install#
This is why to maximize your long-term energy savings it is important to install a solar panel system as soon as you can.
#Edison 5 tier bill update#
SoCal Edison’s pricing update casts a shadow over some of their other benefits, like their recent $10,000 BMW i3 incentive, but increased rates are expected for this industry. Recently, SoCal Edison announced an increase for their 2018 electricity rates and are planning to set a dynamic charging system for electricity consumption in 2019. The national trend of increased electricity rates is no different on the local level for customers of Southern California Edison (SCE). One overlooked aspect, however, is the continuously increasing cost of electricity in the US, which is estimated to go up by 8.4% from Jan. Overall, this is a very good thing because it leads to a higher rate of adoption by the general public. It’s common knowledge that the cost of solar panels and other solar related technologies has dropped significantly over the past decade and will continue to drop.
0 kommentar(er)
