Weird Day

[Arctic Fox]

The electricity cost -40cents/kWh to -60cents/kWh today in Finland.

So what a more you used electricity today, the smaller your monthly (November) electricity bill/invoice became.
'
Reason? Some mistakes in Norway.

 

[atomsplitter]

Sounds like the math our accounting department used near the end of my tenure. They determined that there were 27 paydays instead of 26 for the year so they docked everyone's pay that extra paycheck throughout the year to even it out. Twits.

 

[Arctic Fox]

Sounds like the math our accounting department used near the end of my tenure. They determined that there were 27 paydays instead of 26 for the year so they docked everyone's pay that extra paycheck throughout the year to even it out. Twits.

I think that energy markets might work differently here vs in the USA. Anyway; the Scandinavia is one market area (having/using same energy grip). The hourly prices will be confirmed a day before (today tomorrow's prices etc.) Those prices are calculated via the estimation of energy production versus the estimation of energy consumption. For some reason (pure mistakes) Norway sent lots of energy to that energy grid ... and because of that the formula gave us minus electricity prices

 

[atomsplitter]

Definately different in the US. It's an open market and energy on the grid is bought and sold using contracts. Energy production is not allowed to talk to energy distribution because that's "insider trading." Depending on where you live the markets can be quite expensive or down right cheap. I live in Texas now (retired) and because of "retail wheeling" the energy costs are very low, about 1/3 of what I was paying when I lived (and worked generating electricity) in Kansas.

 

[Vector]

Rates are much less here in Nevada vs. Kalifornia

 

[Greyfell]

Rates are much less here in Nevada vs. Kalifornia

Well...duh! Absolutely true, even though CA seems to produce more electricity. But the increase in Nevada Californianites may "equalize" things, sadly.

 

[DaveM]

When we lucky to have electricity it cost a fortune. The more you use in a month the price increase untill the next month.