Reply to Help! Pepco bill is over $1200 in a townhouse!

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[quote=Anonymous][quote=Anonymous]Does anyone know if the power companies are trying to over charge people who are using more energy?  Like the bull shit peak water crap?[/quote]

I posted this on pg. 2 of this thread regarding PEPCO:

"Additionally, the meters enable monitoring that could utilize a rate schedule that either charges based on what time of day electricity is being used or charges based on overall demand on the grid. The former example, a “time-of-use” schedule, would charge predetermined rates depending on the time of day. The latter option, known as “dynamic” pricing, would mean that using electricity when there is great demand – like during a heat wave – would cause everybody’s prices to spike.

“If the grid is stressed and all of your most expensive power plants are running, that means that everybody’s power is very expensive at that moment. [b]One option is to charge higher prices during those times and effectively send a signal to customers that this is a time when the grid needs your help, and that you can save a whole lot of money by reducing your load,[/b]” Morgan explained."[/quote]

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