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We're currently working on including the lobbying costs of each provider on our website (https://findenergy.com https://findenergy.com), because we believe cons
by vonadz 4y ago
We're currently working on including the lobbying costs of each provider on our website (https://findenergy.com https://findenergy.com), because we believe consumers should be aware of what providers are spending their money on.
We've also begun building a full industry map of who owns which power plants and the chain of parent companies / subsidiaries. Quite amazing how deep the rabbit hole goes on the thing that all of our modern lives rely on but many of us take for granted. For example here: https://findenergy.com/providers/first-energy/#overview https://findenergy.com/providers/first-energy/#overview you can see all of the companies tied to the company at the beginning of the article.
If any journalist or fellow dev is interested in this space, feel free to drop me and the team a note at alex@findenergy.com
- zbrozek 4y agoWhere does the pricing data come from? The page for my own utility, PG&E, says the average residential rate is around $0.12, but no plan exists anywhere close to that. Residential plans start at $0.32.
- jeffbee 4y agoEIA says the average retail price was 18¢ in California in 2020, and though not all of California is PG&E territory, that is a data point.
- wumpus 4y agoThe residential rate I pay in Palo Alto is 16 cents. PG&E is one of the most expensive providers in the state. That's why bay area datacenters are concentrated in Santa Clara and use Silicon Valley Power.
- zbrozek 4y agoI hope that if V2G happens we'll start seeing electricity arbitrage from Santa Clara to nearby communities. We desperately need competition in that market.
- deleted 4y ago[deleted]
- mistrial9 4y agothis is an important observation on rates -- IMO a typical way to cheat at the executive levels is to state as fact some rate or charge in a long overview with many other details. Then, when that rate or charge is implemented, away from oversight and review, actual charges are not the same, due to "special fees" or categories. This practice is far older than digital record keeping.
- vonadz 4y agoData comes from the EIA. They release company revenues ($), sales (kWh), and # of customers for residential. We calculate the rate as revenues / sales (and correcting for units). It's a bit more nuanced than that, like we sum up all of the revenues and sales for each company that is owned by or merged into the specific company (adjusting for % ownership as well). The numbers are definitely not perfect, and for many companies are a year behind (they only report to the EIA yearly), so that's why there might be a major different in prices (there has been a MAJOR increase in electricity prices in the past couple of months). There are some companies that we have exact rate data for, and those rates are visible on the page when that's the case.
- zbrozek 4y agoThey haven't been $0.12 in PG&E territory since ~2010. Seems like the data source must be very misleading.
- vonadz 4y agoI decided to look into this, because the data is often a bit off, but not by this much. It turns out there was an error in the calculations. For some providers, we extrapolate the values based on historical data, and in this case, it was being done incorrectly. The values have been updated here: https://findenergy.com/providers/pacific-gas-and-electric-company/ https://findenergy.com/providers/pacific-gas-and-electric-co... It looks a lot closer to the numbers you've been quoting now (hitting 31 cents / kilowatt hour in March). Thanks for catching that.
- ta988 4y agoI wish we would have something similar for every industries. Findlobbies.com or something like that