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BPU decreases fuel and energy recovery charge; says average electric bill to decrease
The Board of Public Utilities announced today that the fuel and energy recovery charge from the November 2009 – April 2010 time period will be decreased by 18.6 percent.
Because of this, BPU says the typical electric bill will decrease by approximately $4.86 per month.
“In light of reduced BPU costs for the fuel and purchased power to generate electricity, we have been able to lower the ERC once again for the next six months,” said BPU General Manager Don Gray. “As a result of this adjustment, the average BPU residential customer’s electric bill should be reduced by approximately $4.86 per month this winter season.”
The Energy Rate Component, as the charge is known by, is the cost of fuel used to generate electricity. The rate changes every six months and are incorporated into the bills.
- Nick Sloan
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Timothy, Good god...if you are using over $300/mo on electricity, especially this summer was cool& mild, you need to invests in some new appliances. What are you doing? running in air conditioner with the windows open? My highest bill this summer was $170 for both Elec./Water/taxes/PILOT, my house is over 2600 sq feet.
Skelator
Are you folks sure you're not just looking at the total bill and not subtracting the water and trash portion?
I have a very old furnace, but it's gas, so that has nothing to do with BPU.
My house is over 100 years old and I think the highes BPU bill I've ever had was $350 or so, and I used a great deal of water on my lawn that month.
Granted, I use a lot of fans rather than turning down the AC in the spring and summer, but still... I feel bad for you folks that have a $350 electric bill, especially in the winter.