You're not supposed to understand utility rates, are you? I thought they tried to make them as confusing as possible.:laughing: You get to select from a number of plans. I still use TXU Energy (used to be TP&L "Texas Power & Light). Right now today, I'd have a choice of 9.9 cents per KWH for 24 months if I signed up for "Auto Pay" (i.e., they just draft the checking account), or 13.9 cents per KWH with free electricity at night or free weekends (your choice) for 24 months, or 11.4 cents per KWH for 12 months. I was on 12 month plans before, but they were going way up, so I'm now on a 10.4 cents per KWH plan for 9 months. But in each case, there's a few extras such as a "base charge" ($4.95 in my case), "gross receipts reimbursement" ($5.11 this month, and I'm not even sure, but that may be the surcharge to pay for a "smart meter" which you pay whether you wanted a smart meter or not), then there's sales tax ($4.64 this month). So the amounts I posted before include everything. In other words my 10.4 cent plan is actually costing 10.7 to 11.5 with an average of 10.9.
Oh, I also just noticed that I currently have $46.74 in their "rewards" program. I think you can order different merchandise or prepaid credit cards, etc., but I only use it to apply to the electric bill.
So if Ron's total is $.174, up from a charge rate of $.093, then they have a lot more added on than we do.