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The Water Cooler
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<blockquote data-quote="dwkennedy" data-source="post: 1798411" data-attributes="member: 1717"><p>I've had it a couple of years now. It does save money, if for no other reason you can run your dishwasher and clothes dryer at night when the rates are cheaper. Charging something closer to the actual cost of electricity gives you an economic incentive to shift your usage. I think it's a great free-market solution and really good use of technology.</p><p></p><p>Here's why it saves you (and the electric company) money: the newest, most efficient plants run most all the time. The older, more expensive plants get fired up only to handle peak loads (like when everybody's A/C comes on at 3 PM when it's 110 degrees outside) or to cover maintenance at other plants. Therefore, electricity is actually more expensive during peak hours. You also get the cheaper rates all day on the weekend, when a lot of industry and office buildings shut down.</p><p></p><p>You can get your house nice and cool before the peak hours hit, then coast through the peak hours with the thermostat turned back a little. This saves the electric company from having to build new plants just to cover the peak load and/or cranking up the older plants.</p><p></p><p>Not being satisfied with saving a little money, we maximize our savings by going into conservation mode when the red light comes on-- a/c off, lights and computers off, all the phantom loads unplugged. If you don't do any cooking during the peak hours, your house will keep fairly tolerable then you can crank the A/C back down at 7PM when the offpeak rates kick in. It's to my advantage that my wife is some sort of reptile who remains cool while I'm self-basting in sweat.. and most of the peak hours are while I'm gone to work <img src="/images/smilies/rotflmao.gif" class="smilie" loading="lazy" alt=":rotflmao:" title="Rotflmao :rotflmao:" data-shortname=":rotflmao:" /></p></blockquote><p></p>
[QUOTE="dwkennedy, post: 1798411, member: 1717"] I've had it a couple of years now. It does save money, if for no other reason you can run your dishwasher and clothes dryer at night when the rates are cheaper. Charging something closer to the actual cost of electricity gives you an economic incentive to shift your usage. I think it's a great free-market solution and really good use of technology. Here's why it saves you (and the electric company) money: the newest, most efficient plants run most all the time. The older, more expensive plants get fired up only to handle peak loads (like when everybody's A/C comes on at 3 PM when it's 110 degrees outside) or to cover maintenance at other plants. Therefore, electricity is actually more expensive during peak hours. You also get the cheaper rates all day on the weekend, when a lot of industry and office buildings shut down. You can get your house nice and cool before the peak hours hit, then coast through the peak hours with the thermostat turned back a little. This saves the electric company from having to build new plants just to cover the peak load and/or cranking up the older plants. Not being satisfied with saving a little money, we maximize our savings by going into conservation mode when the red light comes on-- a/c off, lights and computers off, all the phantom loads unplugged. If you don't do any cooking during the peak hours, your house will keep fairly tolerable then you can crank the A/C back down at 7PM when the offpeak rates kick in. It's to my advantage that my wife is some sort of reptile who remains cool while I'm self-basting in sweat.. and most of the peak hours are while I'm gone to work :rotflmao: [/QUOTE]
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