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Topic: Which countries have the cheapest electricity? (Read 16195 times)

hero member
Activity: 756
Merit: 500
njloof:

We have these already .. that's actually half the problem:

http://forums.whirlpool.net.au/archive/1304164

You see we are charged more for the peak rate because we have solar and thus a smart meter than we would be charged without it. I also live with my parents and they
will freak out if I am using their electricity to mine bitcoins. They actually want to see themselves getting a credit for the power they supply back to the grid rather than a bill for what they
draw. My mum goes mental if I leave a light on so I am doing my best to change most of the lights in the house to LED and I want to sell off all the LCD screens in the house and replace them with LED screens. I have started paying money on their power bill via direct debit from my bank account every fortnight but it still won't make financial sense at the rates we are charged.

I am also looking for other alternatives e.g. I live in a horse racing area and there is a lot of horse shit that the horse trainers can't get rid of fast enough. I would like to make
a horse poo - > methane -> electricity generator.

so then I have horse poo -> methane -> electricity -> mining rig -> bitcoins

Something like the examples here:

http://www.builditsolar.com/Projects/BioFuel/biofuels.htm

or this story here:

http://beta2.tbo.com/news/suncoast-news/2010/mar/05/wp-plant-turns-horse-manure-into-methane-powering--ar-73553/

I have been looking for open designs and resources like this:

http://bio-gas-plant.blogspot.com/2011/04/homemade-biogas-methane-gobar-gas.html

and I'm looking up videos about the subject like this:

http://www.bukisa.com/videos/331437_how-bio-gas-digesters-can-sell-energy-back

http://www.youtube.com/watch?v=XJSmI-aONio

I will also need to buy, build or modify a gas combustion turbine.

I would probably make a very low power machine and still bitcoin on it and get it to hash even if its a very slow hash rate simply as a proof of concept.

A more exciting possibility is perhaps even using bacteria to produce electricity directly:

http://www.youtube.com/watch?v=8n1LsafQ194

Geobacter:

http://www.greeniacs.com/GreeniacsArticles/Energy/Microbial-Fuel-Cell.html
member
Activity: 73
Merit: 10
So what should I do if electricity is so expensive here? I'm seriously heart broken now that I know what synergy charge.  Cry

Solar panels.
newbie
Activity: 15
Merit: 0
I was looking over the tariffs for Utah,

Business rates are around $0.026Kwh offpeak and $0.04 Kwh onpeak.

   But ...

I dont get the charge they have called a "Power charge" that is per KW

I am guessing that is in addition to the "Energy charge" that is measured by Kwh


If anybody is familiar with this Industrial pricing structure let me know what they mean by that Power charge, that is listed per KW


http://www.rockymountainpower.net/content/dam/rocky_mountain_power/doc/About_Us/Rates_and_Regulation/Utah/Approved_Tariffs/Rate_Schedules/Large_General_Service_1_000_kW_and_Over_Distribution_Voltage.pdf


hero member
Activity: 756
Merit: 500
So what should I do if electricity is so expensive here? I'm seriously heart broken now that I know what synergy charge.  Cry

sr. member
Activity: 280
Merit: 252
I don't know about other countries (I'm just an ignorant American :-), but Wyoming supposedly has the least expensive electricity in the U.S..  I pay after taxes and fees, I pay about $0.09/kWh here.

Really? 0.09/kwh is the cheapest in the USA? That stinks!

Up in ontario average rate is about 0.07/kwh

It dips down to 0.05 at night and up to 0.09 during the day I believe.

My condominium building is free however Wink I am saving about $200/month right now!
full member
Activity: 168
Merit: 100
In Northern California, I pay 11 cents per Kwhr.  California average is 15c i think...  I live a few miles away from a 676Mw Dam (Shasta Dam).
hero member
Activity: 756
Merit: 500
It's not looking so good here in Western Australia with Synergy we have something like 20.42 or 40.14 cents per kilowatt hour depending on the time of day and if its summer or winter and 10.78 cents/kWh off peak 9pm to 7am.  http://www.synergy.net.au/docs/SmartPower.pdf

So it looks like if I want to keep mining I can only do it offpeak and even then I should be looking at getting the highest amount of per kilowatt hashing rather than the highest hash rate. Damn I just bought a 6950 as well. Maybe I should undervolt and underclock my CPU and only mine offpeak but even the offpeak rate isn't cheap here. Other than that I may have to start thinking about biological computing that I could just feed kitchen scraps. You know FPGA's in DNA etc.
member
Activity: 84
Merit: 10
Just took a look at my last bill and it averaged out to about .12 USD/kWh here in Korea. From a low of about .05 USD/kWh for the first 100 kWh, .11 for the 2nd 100, .17 for the 3rd 100, to .25 for the 4th 100. That's the last bill I got before I started mining so I'm pretty curious to see the next one.

There is no way that I could afford my lifestyle with your energy rates.

Car gas is also pretty expensive.

I should point out that I only pay about 6% income tax, which is negligible in my mind compared to what I paid in Canada, so it balances out. Medical care and food are pretty cheap here as well.

Where do you live?
full member
Activity: 124
Merit: 100
Not in near future, they'll become raising now. Just do the math - electric systems are a part of global economic system. The main goal today is to optimize the network/in simple words unified way to deliver the power of electricity to your home/ and lower the costs of el. companies/respectively their losses/ and to raise the bills for the end users.

Yes, in the near future prices for kWh will be too close one to each other for different countries. They''ll be also higher.
vip
Activity: 113
Merit: 12
Russia: 0.023$/kWh.

Wait, What?

Where is this?

Do not know about Russia, but in Ukraine it's currently about 0.032$/kWh but the gov promised to rise it in near future  Angry
legendary
Activity: 1708
Merit: 1010
Russia: 0.023$/kWh.

Wait, What?

Where is this?
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
China:$0.09 kwh, about for residential.
kvk
newbie
Activity: 7
Merit: 0
Russia: 0.023$/kWh.
sr. member
Activity: 350
Merit: 252
probiwon.com
Russia: ~$0.0667 per kW/h
member
Activity: 91
Merit: 11
The space heater model is the one I'm working with. My industrial space is divided into several spaces. One of which is fully heated by a miner. Another of which is about 50% heated by a miner. I'm thinking of adding some to the main space but noise is a factor. Gotta think it through a bit more. Summer is going to be a problem...
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
What would be nice is if you could sell "space heater" appliances to people who were already going to use the electricity anyway for home heating, which also happened to generate Bitcoins at the same time.

Price per kWh = $0.00

It's true when comparing to space heaters, but not true when comparing to heat pumps, which can move 2~4 times energy than what they consume.
legendary
Activity: 2506
Merit: 1010
In the UK there are alternatives to the standard residential fee structure. One of those provides very cheap off-peak electricity in exchange for slightly increased peak prices. For most people it's not a good deal, but for someone who wanted to use their computer normally in the day but mine all night it would be perfect.

For consumer use, time-of-use pricing would provide a nice benefit. [edited]

When equipment is dedicated for mining -- as long as the cost of peak electricity is below the revenue from mining during that same period of time, mining will not likely be curtailed for any part of the day whatsoever.

Time-of-use electric pricing irrelevant — Mining is 24x7:   http://www.bitcoinminer.com/post/2858427974/time-of-use-pricing
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
What would be nice is if you could sell "space heater" appliances to people who were already going to use the electricity anyway for home heating, which also happened to generate Bitcoins at the same time.

Price per kWh = $0.00
member
Activity: 91
Merit: 11
Residentail rates are $0.05 kwh and industrial are $0.08 kwh CDN, here in Vancouver, Canada. The entire province runs on hydro-electric.

That sounds backwards, as the larger customers tend to have bigger discounts.  Why is it this way, is residential electric subsidised?

Well... I'm not speaking as a large industrial client. It's well known that large industrial customers (eg. Teck-Cominco aluminium smelter) get super sweet deals on bulk power. I'm only speaking as someone who maintains an office in a light industrial area of town.

In a related note, our power utility is considering offering a different pricing structure that involves the installation of real-time meters and discounts during off-peak times, combined with surcharges during peak times. I think this has been done quite effectively in other parts of the world.
sr. member
Activity: 440
Merit: 250
#SWGT CERTIK Audited
Set up your own windmill for your household needs and generate bitcoin only when there is excess electricity at peak times.

Then you are getting your electricity for free.

Thats a pretty cool idea. Too bad about the hw going unused for most of the time!
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