Submitted by cryptocratic7 t3_z16dm6 in Connecticut
Comments
eddie964 t1_ixa0mdl wrote
They actually won't get a penny from the supply rate increase. If you're looking for someone to be angry at, look at the owners of the big natural gas power plants: PSEG, Emera, etc. They are the ones getting all the money. Eversource is just a pass-through.
thawkth t1_ixadi7u wrote
It infuriates me that in their anger people in this sub downvote objective truth.
What you said is true. Which is why UI had the same increase at the same time. And why NH and MA customers are getting huge increases as well.
It’s almost like there’s a war halfway around the world and the global energy crisis is a real thing.
And yes, Eversource is shitty and deserves to be broken up and made a publicly owned utility.
Doesn’t mean you should downvote the truth.
eddie964 t1_ixaduq6 wrote
It also kind of bugs me that the people who are literally profiting from this are getting off scot-free. When is the last time you heard PSEG or Emera mentioned in a news article about the supply rate hike? The money is literally going straight to them, and (unlike auI and Eversource) they are making a profit from it.
thawkth t1_ixae7gj wrote
Two dimensional outrage is a social narcotic.
jizzhose2 t1_ixahhry wrote
How is it possible that Constellation is able to supply electricity to anyone who wants it at a rate cheaper than what Eversource, with all its power, is able to obtain? Why can’t Eversource buy from Constellation on our behalf?
Something seems very wrong with the wholesale energy market.
howdidigetheretoday t1_ixcqgqd wrote
Asked another way... why is any Eversource customer paying Eversource for supply?
Voormijnogenonly t1_ixasjwk wrote
I was in Europe months ago and my host chastised me for leaving a light on for too long. The energy crisis is already a huge issue across the Atlantic. We were insulated from it for a bit but without more independent renewable generation our supply chain is still vulnerable to global events.
Regulators should do what they can to make this easier on people including energy aid payments for low income people, investment in renewables, and a mandate that the prices go back down if/when the market stabilizes. Until we have a public utility, putting all the blame on the company responsible for transmission doesn't affect the price of the product they buy and sell.
blueturtle00 t1_ixbmw8p wrote
If that’s true how can that other company that the name Is escaping me lock in at 13 cents for the next 3 years.
thawkth t1_ixcdv3f wrote
There’s only so much to go around. You think many people are signing up for constellation vs total eversource customers?
I’m also not here, nor am I qualified, to teach people how the energy market functions.
You want to be mad, be mad. But Eversource can be greedy bastards AND not be making money off this increase at the same time.
TituspulloXIII t1_ixenieu wrote
It is in fact true.
As far as Constellation (that's the name you're forgetting) they might be losing money on this 13 cents per KWh for the next few months, but they also have you in at a 3 year contract, perhaps down the line they will turn a profit.
Constellation might also have a cheaper way to produce power (i believe they are based out of texas, so they could be getting higher priority on the pipeline)
TheTechOcogs t1_ixcu83a wrote
This needs to be spread.
tom_echo t1_ixbdxhw wrote
Im sure they’re doing very well with the highest delivery fees in the country.
eddie964 t1_ixbebyr wrote
Sure they are, and that's fair game.
But it's not the delivery fee that's going up 50%, and those supply rates go straight to third parties, who are making a killing off the high prices. They must be laughing their monacles and top hats off watching UI and Eversource take the blame.
juice06870 t1_ixc7cv2 wrote
Where is the gas coming from that supplies the power plants? Not by pipeline apparently, since the politicians vetoed any new ones to connect the power plants to the supply fields.
So now they have to pay mega bucks to import it by ship from overseas. And if they want to bring it by ship from domestic sources, they are paying 3x or more on top of that because of the Jones Act. Oh and by the way, the entire world is looking for ships to deliver this stuff right now, so the shipping rates are also through the roof.
The results of our voting, and of the unrealistic dreams of transitioning off of fossil fuels so quickly without 100% viable alternative replacements are coming home to roost.
eddie964 t1_ixcic6a wrote
The gas is coming in by pipeline. We just need more capacity. Almost all of the supply used in Connecticut is domestic.
Strongly disagree about transitioning off fossil fuels. What's going on is the strongest argument I can imagine for moving to renewables. If this had happened five years from now, with thousands if megawatts of offshore wind operating off the MA and RI coast, we would be pretty well insulated from volatile fossil fuel prices.
Sadky, the last administration put those projects on hold, so the turbines aren't in place yet.
Middle-Class-Dad t1_ixdijfb wrote
How do you produce solar power during the winter when days are short and highest demand is at night?
hamhead t1_ixdt5xg wrote
That’s not really relevant. Solar isn’t the only power source. But it does help reduce the need for others.
Gas isn’t going away in the foreseeable future. But other types of power production can reduce the need for it, especially at off peak times.
TituspulloXIII t1_ixenqz4 wrote
Highest demand isn't at night, it's still during the day.
And any extra solar produced that could help turn down gas power plants means pipelines can get a "break" during the day and help fill up storage rather than everything being used.
W00DERS0N t1_ixck0by wrote
Firelight, the way God intended.
[deleted] t1_ixa9mje wrote
[deleted]
[deleted] t1_ixag6iu wrote
It is a meme. I don’t hate it.
I hate peoples bring skewed politics into memes.
Edit: I think that’s the fastest downvote I’ve ever achieved. Do I get a medal?
btmc t1_ixcjsq8 wrote
Surely “fuck Eversource” is a universally shared opinion outside of the Eversource board room, right?
bristleboar t1_ixap7pv wrote
FUCK EVERSOURCE
giant_toad42 t1_ixbh7cl wrote
FUCK EVERSOURCE
Holl0wayTape t1_ixcn9wp wrote
EVERSOURCE, FUCK
Ok-Collection-7253 t1_ixd8abd wrote
EVERFUCK?
yeet41 t1_ixcn1xc wrote
But it’s ok Blumenthal is outraged by Taylor swift ticket prices. He’s not going to stand for that.
[deleted] t1_ixaqt4g wrote
At least their executives and shareholders will have warm beds and full bellies, so that's something. Oh, and a 3rd house in Vail.
soupie123 t1_ixas5yl wrote
It's out of control
AncientBellybutton t1_ixdef6r wrote
Why can't we charge them a "customer fee" and get our money back?
If they can just endlessly keep increasing the price, why is it illegal for us to do anything about that?
PossibleRecent8198 t1_ixaqdc9 wrote
Eversource could eat a dick, for real for real.
JustARando321 t1_ixas87d wrote
Connecticut, starve warm or freeze full
SuspiciousYou9163 t1_ixe59n1 wrote
If you voted Democrat, suck it up.
Ziggy1433 t1_ixaj7oh wrote
I am completely against nationalizing/government takeover of utilities, BUT if Eversource is not generating any electrcity, why should we be hostage to their rates? Eversource, as the gas and water company, are laying miles of new supply lines which are very costly, and would account for the "delivery" aspects of our bills.
These are outrageous rates, and unfortunately we are powerless to do anything about it as our corrupt politicians are in their pockets. Fuck Eversource.
hamhead t1_ixdtcvc wrote
I don’t think you understand how the energy sector works. Eversource is like UPS - they deliver the product. They don’t make it. Does that mean UPS isn’t important? Of course they are.
TituspulloXIII t1_ixeoqo2 wrote
> I am completely against nationalizing/government takeover of utilities, BUT if Eversource is not generating any electrcity, why should we be hostage to their rates? Eversource, as the gas and water company, are laying miles of new supply lines which are very costly, and would account for the "delivery" aspects of our bills. > > These are outrageous rates, and unfortunately we are powerless to do anything about it as our corrupt politicians are in their pockets. Fuck Eversource.
0% of this rate increase is going to Eversource, as the other poster that responded to you mentioned. This increase is 100% on the supply side.
gregra193 t1_ixbobdq wrote
Lock in your supply rate for 3 years with Constellation before the Eversource standard offer doubles on January 1st!
No early termination fee, switch back to Standard Offer if it ever goes down.
howdidigetheretoday t1_ixcqwlp wrote
I have done this, but I am by no means "appeased". I have always used "alternative" suppliers, typically choosing 100% renewables, but sometimes choosing "lowest price". And here's the problem, to which you allude: "no early termination fee". That cuts both ways, and I have twice had suppliers renege on their "contract" with me :(
watershoejoe t1_ixdxowf wrote
I am curious how they were able to break the terms? I have also been using third parties when it is cost effective and have only heard of third parties raising the rates ludicrously high after the term expires. This caught people by surprise that were not paying close attention. Never during the contract term. Can you share?
howdidigetheretoday t1_ixerkg2 wrote
I have not had the "price spike" problem. I believe there were changes made by PURA to minimize that risk. As for the provider not fulfilling the full duration of the contract... I may be wrong, but I think they can only do that if they leave the EnergizeCT marketplace. That has happened to me twice.
jules13131382 t1_ixaxlyz wrote
🤣🤣🤣😫
Malak77 t1_ixb5hud wrote
Bonus is that we can use ice in lieu of wrapping paper this year.
Lavenderfieldsforeve t1_ixcf16e wrote
Best advice is: don’t live in a place with electric heat
AncientBellybutton t1_ixdenrz wrote
Yeah my landlord really hates it when I light a fire, mostly because I don't have a fireplace.
W00DERS0N t1_ixcjz7c wrote
1/3rd face cord of wood is like $400 max, just saying.
I went 4 months without an oil fill-up.
backinmyday0 t1_ixdylby wrote
Foreversource-stealing-giving
JonnyTro t1_ixe41ad wrote
I live in NY and was wondering what the average cost for electricity is now in CT? What increase has everyone seen? NY recently went through a hike in price last year and it's been about $30 more per month.
That_Guy381 t1_ixa2ad7 wrote
I don’t think that’s how the meme works
[deleted] t1_ixa9bwl wrote
[deleted]
Plants_Golf_Cooking t1_ixaow78 wrote
Sorry, but that is not really how this meme is used.
DryCucumber1900 t1_ixctlo4 wrote
Oh shit, it's the meme police.
Justinontheinternet t1_ixa66ch wrote
Y’all voted for this don’t be mad now. Lamont has been allowing Eversource to operate like ticketmaster and we’re all trying to get Taylor swift tickets
[deleted] t1_ixa7sfq wrote
You have no idea how any of this works and should feel bad about this comment.
Lamont has no control over what PURA does. Lamont, and to a large part Biden, has no control over what natural gas prices do.
Russia fucked around and found out. Eversource is taking advantage of the legacy of democrats and republicans in this state rubber stamping increases. If you want a specific example look at who Klaradis married into.
Justinontheinternet t1_ixa89ej wrote
Fake news
Edit: Damn looks like someone had a bad day you did the post and block. I meant fake news as you didn’t include any sources. Henceforth could be considered fake news.
[deleted] t1_ixa8ghb wrote
Welp there you go, troll for trolls sake.
Idiot.
hydrationdome t1_ix9y5n8 wrote
Turkey by candlelight this year. Have to make sure the Eversource board can get a fresh coat of wax on their yachts.