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Started By
Message
re: Why is Entergy my only choice for electricity? How is that not a monopoly?
Posted on 2/16/21 at 2:56 pm to Kreg Jennings
Posted on 2/16/21 at 2:56 pm to Kreg Jennings
It is a monopoly, and you have another choice.
Posted on 2/16/21 at 2:59 pm to ell_13
quote:
You made it sound like the utility that sends you a bill owns it all.
For large utilities, they do. They own the generators, big wires, transformers and little wires. Only Co-ops and cities have the luxury of only owning the small stuff because they buy their power from the big boys. The billions and billions of dollars it took to get it to them is paid for by the big boys.
Posted on 2/16/21 at 3:01 pm to Dawgwithnoname
quote:Cleco and Entergy, yes.
For large utilities, they do.
Posted on 2/16/21 at 3:07 pm to ell_13
quote:
In most instances, each utility owns its own distribution lines, poles, substations and other equipment.
It says what it says. It doesn’t mention the power plants or the transmission lines as being owned by the distribution utility.
Posted on 2/16/21 at 3:07 pm to jcaz
quote:
Because grid infrastructure is ridiculously expensive
Is that why Entergy rarely updates theres?
Posted on 2/16/21 at 3:08 pm to Kreg Jennings
Read about natural monopolies, baw.
Posted on 2/16/21 at 3:11 pm to noonan
quote:
Are you talking $6.88? That is lower than the wholesale price right now.
Yes.
Six Dollars and Eighty-Eight Cents.
If it is higher then. Some of these Texas baws are going to need a second mortgage for their utility bill if they are totally electric. An electric heater can run you 20 kWh per hour.
Posted on 2/16/21 at 3:12 pm to Buck Nekkid
quote:Will you relax? It needed more clarity. People don't think demco actually generates its own power, but what you said made that seem so. Although cities like Laffy do own partial ownership in some smaller power plants. My point was simply that there's a difference between distribution, transmission, and generation. You and I know that, but most people don't understand that not every line that brings them power from power plant to the house meter is owned by the exact same entity in most cases outside of Cleco and Entergy. That's all. You and I get it. But that wasn't totally clear from your first post.
It says what it says.
This post was edited on 2/16/21 at 3:14 pm
Posted on 2/16/21 at 3:13 pm to boxcarbarney
quote:Entergy Louisiana updates their lines all over the state. It's pretty reliable there. Entergy New Orleans, on the other hand, has a ton of local political shite to deal with to update infrastructure in the city. Totally different animal.
Is that why Entergy rarely updates theres?
Posted on 2/16/21 at 3:18 pm to Tarps99
quote:
Yes.
Six Dollars and Eighty-Eight Cents.
Right now griddy is reporting it at $8.99 per kw/h. I think the normal power companies that lock customers in at their advertised rates would be getting crushed right now if they weren't rolling outages to "keep from overloading the system" or whatever they are claiming.
I'm starting to think there aren't problems with distribution, they will just lose a ton of money if they provide the power.
Posted on 2/16/21 at 3:18 pm to Sid in Lakeshore
quote:
It is a regulated monopoly...
the big scary market controlling, price gouging monopolies you're taught to fear in government school only exist through government.
the government's solution: also government
This post was edited on 2/16/21 at 3:20 pm
Posted on 2/16/21 at 3:21 pm to Kreg Jennings
Check water entities aswell..BR has a private water company. There in rural Louisiana too. Not run by the city but a company that has a contract with the city. Its impossible to start one now essentially but ridiculous. The company has zero competition and there is nothing that can be done
Posted on 2/16/21 at 3:39 pm to noonan
quote:
Right now griddy is reporting it at $8.99 per kw/h
Damn. I would be shutting everything off at my house and move into a hotel. You would be spending nearly 180 dollars per hour just to heat your home if your heater had to run constantly.
And we Louisianians complain about Entergy.
It does sound a little suspect. Those people that locked in their rates at cents per kWh and now the wholesale rates jump to 9 dollars a kWH. Some companies would lose everything like the short sellers of GameStop.
Posted on 2/16/21 at 3:47 pm to boxcarbarney
quote:
that why Entergy rarely updates theres?
Also have to take in account to update the system you have to take line outages. This puts customers at risk as reliability decreases.
Posted on 2/16/21 at 4:03 pm to Tarps99
quote:
Damn. I would be shutting everything off at my house and move into a hotel. You would be spending nearly 180 dollars per hour just to heat your home if your heater had to run constantly
I don't think it works out quite like that.
But yeah, griddy was actually telling their customers to switch to a different provider because their cost would be outrageous. I can't imagine how much money normal companies are losing right now only charging their customers $0.12 or whatever per kw/h.
This post was edited on 2/16/21 at 4:04 pm
Posted on 2/16/21 at 4:05 pm to Dawgwithnoname
quote:
Different line. If Entergy puts poles in the ground, Entergy rate payers paid for it. They're not going to let you use it to buy power from another provider. It's not like cable.
I could see this being a thing along the boundaries where there’s some overlap but people in Texas talk about choosing providers and that’s mostly the same lines, right?
Posted on 2/16/21 at 4:07 pm to BeepNode
The texas grid is all market based with the transmission/distribution line owner being "for sale" in a way. Whoever you purchase from as a distributer has to purchase power from some generator company. All of this is done on a market like the stock market. Companies constantly buy and sell power and in multiples ways... day ahead market, realtime market, reserve market, etc.
Posted on 2/16/21 at 4:14 pm to OweO
We all wish that power companies would deny service to you specifically
Posted on 2/16/21 at 4:21 pm to Kreg Jennings
In Ohio, there is a monopoly on "delivery", First Energy, of the electricity, but there are multiple electricity providers, including First Energy. Bills come from FE with there delivery charge and whatever rate you have negotiated from them or other suppliers.
This post was edited on 2/16/21 at 4:22 pm
Posted on 2/16/21 at 4:25 pm to Kreg Jennings
I will say that this event has shown one thing. Even if your deregulated like Tx, there’s still a bureaucrat in charge that can frick it up.
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