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Topic: Low $/kwh Locations in the US (Read 750 times)

full member
Activity: 210
Merit: 100
November 17, 2017, 11:17:38 PM
#25
It's also worth it to say whether you're after residential or commercial rates - I'll assume commercial if you're looking to do anything substantial.  In my experience it matter much less how 'rural' someplace is, but instead matters more what the source of the regions power is - up in the pacific northwest, hydro is common and very affordable.  Here in Phoenix we have nuclear power which is relatively inexpensive, so commercial rates are in the $0.05 to $0.06/kwh neighborhood.  The other thing to watch out for is as one person pointed out, virtually every power company charges additional fees, some that scale with usage, some that don't - and some combine some demand billing element as well.  There also can be multiple power companies in the same city - in Phoenix there are two major ones (SRP and APS), and then some municipalities actually do their own power generation (such as Mesa, AZ).  The prices I'm talking about is for SRP, and is basically your 'all in' rate - so if you use a relatively small amount you'll be closer to the $0.06 price, if you use more you'll drop down to $0.05.

The final thing to keep in mind is that they usually offer different power usage plans, like time of use plans, or pay as you go plans, etc.  For literally all of the ones I've done the math on, assuming you're a constant load 24/7, they all unsurprisingly end up with basically exactly the same effective rate.  BUT, if you can do something to make your load a-typical, you can take advantage of this - when I was first starting out using residential power, they had a program called EZ-3, where you paid a low rate 21 hours of the day, and a substantially higher (3x or more) rate for 3 'peak' hours.  I just setup my miners to shut down for the 3 hours of the day, and got my residential blended rate down to the $0.07 range (where it was typically closer to $0.08-$0.09).


Thanks for the info man! Commercial here in CA is still around .12-.15 and that's just from their website which definitely isn't including taxes, fees etc.. Utility companies seem to have a monopoly here in CA as most major cities only have 1 provider so they can charge us a ton and we can't do anything about it. Even asked a couple buddies who live in NorCal rural areas and they're paying .30+, must be the nice weather tax or some shit lol. Currently AZ, WA, VA, PA, and TX look the most promising but shit I'd honestly take anything around .05-.12 residential or commercial. Granted I know the cooling situation may be different in other states so if you guys have any info on that (gota run the AC all day, bad humidity etc.) I'd appreciate it too! Lots of good insight so far good shit guys.

Florida is actually not too bad at least where I live.. SW Florida.. but its hot AF here most of the time, finally getting some cooler weather here
member
Activity: 94
Merit: 10
November 17, 2017, 03:00:28 PM
#24
There is no right answer to this as depending on the size of the facility rates can be negotiated and be significantly less than advertised.
sr. member
Activity: 1470
Merit: 325
November 17, 2017, 12:14:28 PM
#23
As fun as it is paying .35/kwh in southern California, I may have the opportunity to have an out of state location for my rigs. How much are you guys paying for electricity around the US? Looking at a possible move in 2018 so scoping out some options to get this electric bill down as the farm keeps on growing. Either residential or commercial info is appreciated. Thanks guys!

I am not in the US and in fact am very far from it in good old Europe but I have heard people in this very board saying that the best place are some districts in Washington DC, paying as low as 0.02 USD/kwatt per hour. That is every miner dream as it is almost free electricity with the salaries of the US country Smiley .

cereberus? seriously isnt that name spelled wrong?

regards
hero member
Activity: 1498
Merit: 597
November 17, 2017, 11:30:31 AM
#22
The only correct way to determine the true cost would be to do the math yourself and take the total bill including all electric and other fees, meter charges, taxes, etc. and then divide that total by the number of kwh you used. I think if people did that you would see a lot of the rates across the US at least would start to get a bit closer together.

Exactly Smiley

There is one of my gpu mining location electricity bill ...
9010KWh - 877.74$ --- 0.097$/KWh before all the additional fees
the real price is :
9010KWh - 1102.09$ --- 0.122$/KWh
with 9000KW/h , that is 225$ more than what the power company appetizing on they website Smiley or you can see on any nationwide stats Smiley




I think most on this board are somewhat smart knowing especially what their electric costs are since its the most expensive ongoing expense.  I would hope so anyway.  I Pay 7 cents all in.

Most of time they dont know in the begining ,before ordering they miners , they not even know how much amps they house electrical wiring can handle .... They will know the price after they receiving they firs / second power bill for sure Smiley
newbie
Activity: 82
Merit: 0
November 17, 2017, 10:41:15 AM
#21
It's also worth it to say whether you're after residential or commercial rates - I'll assume commercial if you're looking to do anything substantial.  In my experience it matter much less how 'rural' someplace is, but instead matters more what the source of the regions power is - up in the pacific northwest, hydro is common and very affordable.  Here in Phoenix we have nuclear power which is relatively inexpensive, so commercial rates are in the $0.05 to $0.06/kwh neighborhood.  The other thing to watch out for is as one person pointed out, virtually every power company charges additional fees, some that scale with usage, some that don't - and some combine some demand billing element as well.  There also can be multiple power companies in the same city - in Phoenix there are two major ones (SRP and APS), and then some municipalities actually do their own power generation (such as Mesa, AZ).  The prices I'm talking about is for SRP, and is basically your 'all in' rate - so if you use a relatively small amount you'll be closer to the $0.06 price, if you use more you'll drop down to $0.05.

The final thing to keep in mind is that they usually offer different power usage plans, like time of use plans, or pay as you go plans, etc.  For literally all of the ones I've done the math on, assuming you're a constant load 24/7, they all unsurprisingly end up with basically exactly the same effective rate.  BUT, if you can do something to make your load a-typical, you can take advantage of this - when I was first starting out using residential power, they had a program called EZ-3, where you paid a low rate 21 hours of the day, and a substantially higher (3x or more) rate for 3 'peak' hours.  I just setup my miners to shut down for the 3 hours of the day, and got my residential blended rate down to the $0.07 range (where it was typically closer to $0.08-$0.09).


Thanks for the info man! Commercial here in CA is still around .12-.15 and that's just from their website which definitely isn't including taxes, fees etc.. Utility companies seem to have a monopoly here in CA as most major cities only have 1 provider so they can charge us a ton and we can't do anything about it. Even asked a couple buddies who live in NorCal rural areas and they're paying .30+, must be the nice weather tax or some shit lol. Currently AZ, WA, VA, PA, and TX look the most promising but shit I'd honestly take anything around .05-.12 residential or commercial. Granted I know the cooling situation may be different in other states so if you guys have any info on that (gota run the AC all day, bad humidity etc.) I'd appreciate it too! Lots of good insight so far good shit guys.
hero member
Activity: 687
Merit: 511
November 17, 2017, 05:01:48 AM
#20
It's also worth it to say whether you're after residential or commercial rates - I'll assume commercial if you're looking to do anything substantial.  In my experience it matter much less how 'rural' someplace is, but instead matters more what the source of the regions power is - up in the pacific northwest, hydro is common and very affordable.  Here in Phoenix we have nuclear power which is relatively inexpensive, so commercial rates are in the $0.05 to $0.06/kwh neighborhood.  The other thing to watch out for is as one person pointed out, virtually every power company charges additional fees, some that scale with usage, some that don't - and some combine some demand billing element as well.  There also can be multiple power companies in the same city - in Phoenix there are two major ones (SRP and APS), and then some municipalities actually do their own power generation (such as Mesa, AZ).  The prices I'm talking about is for SRP, and is basically your 'all in' rate - so if you use a relatively small amount you'll be closer to the $0.06 price, if you use more you'll drop down to $0.05.

The final thing to keep in mind is that they usually offer different power usage plans, like time of use plans, or pay as you go plans, etc.  For literally all of the ones I've done the math on, assuming you're a constant load 24/7, they all unsurprisingly end up with basically exactly the same effective rate.  BUT, if you can do something to make your load a-typical, you can take advantage of this - when I was first starting out using residential power, they had a program called EZ-3, where you paid a low rate 21 hours of the day, and a substantially higher (3x or more) rate for 3 'peak' hours.  I just setup my miners to shut down for the 3 hours of the day, and got my residential blended rate down to the $0.07 range (where it was typically closer to $0.08-$0.09).
newbie
Activity: 42
Merit: 0
November 17, 2017, 04:40:28 AM
#19
Always try rural areas where population and the expenses are lesser
sr. member
Activity: 462
Merit: 258
Small Time Miner, Rig Builder, Crypto Trader
November 17, 2017, 03:24:07 AM
#18
Atlanta , GA : 15 cents summer rate (may-september) / 10 cents winter rate (oct-apr) , thats with all fees and other bullshit real figures on bill when calculating actual cost  . And thats with a freaking nuclear power plant in state , absurdly expensive especially in summer period  Angry

Where to move guys ? Washington state too far and will miss Florida and Atlantic ocean beaches just hours of driving distance  Sad

Washington is not that far considering the OP is just in cali, but for .074 cents per kw/h is well worth the travel
newbie
Activity: 59
Merit: 0
November 17, 2017, 01:55:10 AM
#17
Atlanta , GA : 15 cents summer rate (may-september) / 10 cents winter rate (oct-apr) , thats with all fees and other bullshit real figures on bill when calculating actual cost  . And thats with a freaking nuclear power plant in state , absurdly expensive especially in summer period  Angry

Where to move guys ? Washington state too far and will miss Florida and Atlantic ocean beaches just hours of driving distance  Sad
full member
Activity: 126
Merit: 100
November 17, 2017, 01:21:37 AM
#16
Slightly off topic, ive got equivalent to 16 cents in the UK
sr. member
Activity: 462
Merit: 258
Small Time Miner, Rig Builder, Crypto Trader
November 17, 2017, 01:02:22 AM
#15
As fun as it is paying .35/kwh in southern California, I may have the opportunity to have an out of state location for my rigs. How much are you guys paying for electricity around the US? Looking at a possible move in 2018 so scoping out some options to get this electric bill down as the farm keeps on growing. Either residential or commercial info is appreciated. Thanks guys!

Washington state where I live isn't too bad. figure round .074 cents per kw/h
member
Activity: 83
Merit: 10
November 16, 2017, 07:11:35 PM
#14
Here in the center of the country in saint louis, Ours is .09 per kwh with no additional charges.
sr. member
Activity: 847
Merit: 383
November 16, 2017, 05:58:38 PM
#13
The problem with asking this question is everyone just looks at their kw/h rate on their bill and posts it, but it may not reflect the real cost of electric in that area. For example, you may see the rate listed as $0.07/kwh on your bill, but then there may also be a distribution charge or some other BS that adds another $0.02 or $0.03 per kwh so the real rate ends up being closer to 10 cents. Someone else may pay 20 cents per kwh but has no distribution charge, so while they may think they are paying more or less in reality its the same rate.

The only correct way to determine the true cost would be to do the math yourself and take the total bill including all electric and other fees, meter charges, taxes, etc. and then divide that total by the number of kwh you used. I think if people did that you would see a lot of the rates across the US at least would start to get a bit closer together.

I think most on this board are somewhat smart knowing especially what their electric costs are since its the most expensive ongoing expense.  I would hope so anyway.  I Pay 7 cents all in.
member
Activity: 140
Merit: 10
★777Coin.com★ Fun BTC Casino!
November 16, 2017, 05:57:04 PM
#12
The problem with asking this question is everyone just looks at their kw/h rate on their bill and posts it, but it may not reflect the real cost of electric in that area. For example, you may see the rate listed as $0.07/kwh on your bill, but then there may also be a distribution charge or some other BS that adds another $0.02 or $0.03 per kwh so the real rate ends up being closer to 10 cents. Someone else may pay 20 cents per kwh but has no distribution charge, so while they may think they are paying more or less in reality its the same rate.

The only correct way to determine the true cost would be to do the math yourself and take the total bill including all electric and other fees, meter charges, taxes, etc. and then divide that total by the number of kwh you used. I think if people did that you would see a lot of the rates across the US at least would start to get a bit closer together.
newbie
Activity: 56
Merit: 0
November 16, 2017, 05:49:02 PM
#11
Think rural and far away from population centers.  I know some places where people are getting 0.05/kwh and even lower just by being in places where nobody lives.  Decreased demand equals decreased prices
full member
Activity: 378
Merit: 135
November 16, 2017, 05:27:28 PM
#10
.127 in VA

Here is your best reference updated in Oct 2017 that should be able to help you out  Scroll down for the breakdown by states over the last few months for both commercial and residential.  Seems pretty close to accurate.

https://www.electricchoice.com/electricity-prices-by-state/

thanks for the link man...i saw this too but its definitely exaggerated down at least for residential here in CA. no way im getting .18 after all the BS and fees that they charge it ends up being .35+. hoping to get some accurate info from the fellow miners actually paying the bills.



Damn sucks its not accurate. Its pretty close to what I am paying in VA and pretty accurate for Hawaii was paying about that when I lived maybe a little higher.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
November 16, 2017, 05:03:18 PM
#9
6.5 cents residential in NW PA. I live close to Erie which has very low commercial and industrial electrical costs, surprised there's not more miners where I live. Nice and cold on the lake during winter, not too hot in the summer.

Electrical fees can amount to be a lot, especially with bs like delivery costs etc. Do some research and see what's pumping up the costs. Some providers are also cheaper than others.
newbie
Activity: 82
Merit: 0
November 16, 2017, 04:21:08 PM
#8
.127 in VA

Here is your best reference updated in Oct 2017 that should be able to help you out  Scroll down for the breakdown by states over the last few months for both commercial and residential.  Seems pretty close to accurate.

https://www.electricchoice.com/electricity-prices-by-state/

thanks for the link man...i saw this too but its definitely exaggerated down at least for residential here in CA. no way im getting .18 after all the BS and fees that they charge it ends up being .35+. hoping to get some accurate info from the fellow miners actually paying the bills.

newbie
Activity: 44
Merit: 0
November 16, 2017, 04:11:40 PM
#7

Here in Mexico it can be as low as 0.041 USD for KwH but if you made a deal in some points of the city where they have a pact with the company it can be free lol
full member
Activity: 378
Merit: 135
November 16, 2017, 03:59:45 PM
#6
.127 in VA

Here is your best reference updated in Oct 2017 that should be able to help you out  Scroll down for the breakdown by states over the last few months for both commercial and residential.  Seems pretty close to accurate.

https://www.electricchoice.com/electricity-prices-by-state/
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