It’s an annual total. I have solar (owned, no monthly fees). With solar generation, I roughly break even on electricity + charges/fees . I use gas for heating home, but live in a climate where I almost never need to turn heat on. The small amount that remains is mostly gas for other things besides heating home, such as running my clothing dryer + gas fees.
Was pleasantly surprised that my homeowners’ policy went up only 6% for the next renewal term (while the county thinks the house is 20% more valuable). The other policies are flat or up a little less. So one bright spot for me, an upper middleclasser, in the sea of inflation.
Homeowner insurance is based on the rebuilding cost, not market value.
However, if construction labor and building materials (the costs of rebuilding) are in short supply, then it seems odd that they only increased by 6%.
Yup. A well-known fact.
That said, I’m too surprised that the insurance co thinks the replacement value has not gone up a whole bunch.
For some time, college tuition had been outpacing inflation (or seemingly so anyway…). This year, that is not at all the case.
Getting back to eggs: I am not an egg bigot, but $3 more per carton is $3 more per carton, so if the white ones are cheaper that’s the way I’m going. hehe
We bought a dozen eggs at Trader Joe’s today for $2.99. Once I found them, we started scouting down other ingredients for egg casserole.
It is a good thing chickens mature fast… the farms where chickens got culled due to bird flu should be repopulated soon.
Still buying what is on sale at the store. Pork Chops were buy one pack get another free. So 2lbs of chops for $6.50. Butter had a good U Savings on it. Blackberries continue to be super cheap. Shredded cheese was half price after all discounts. Box of Wheat Thins $1.99 regularly $4.79. And this one type of apple was $0.99 per lb.
Was at the local expensive store getting eggs as Costco was completely out. The guy in front of me had a cart full of groceries what looked as food for a week … $687 - I kid you not.
The only expensive item in his cart was a bottle of D2… $50. Ouch.
Rent here went from $1725 to $2200 between tenants. I am the new tenant. I wonder if rent can be renegotiated if rates go back down.
Electric bills are going up in a large way in Connecticut starting in January. Yikes.
In PA it started with our last bill. We rarely had the heat on and it skyrocketed. My kids are home for break and the one is always saying it’s too cold in the house.
If you’re not wearing pants, a hoodie and something on your feet, stop whining.
Cold at night? Get another blanket, we have plenty.
Our electric/gas bills were really high in Nov. They were supposed to go down in Dec but a neighbor just posted his was $707! (no idea what size house or what the previous bills were). For the last 3 days of below zero temps, our furnace wasn’t working right so we used space heaters. NOT looking forward to this bill.
My most recent gas bill was $11 for 5 therm usage. A year ago it was $10 for 5 therm usage. . My gas bills are low because I live in a moderate climate. Weather reports predict highs of upper 70s tomorrow. While my bill only increased by $1, looking at the rates, show a much more noteworthy change.
In November, the gas rate was $1.40 (service) + $0.65 (energy) = $2.05. In December, the rate increased to $1.40 (service) + $1.05 (energy) = $2.45. The energy portion had a 60% increase increase from November to December. I can’t recall ever having this large a month-to-month increase in gas rates before. Their website mentions the wholesale gas rates they pay have increased by 160%* over last year. If accurate, a 60-70% increase in cost to consumer over last year sounds mild.
My electric bill was $20 for 68 kWh usage. 1 year ago it was $35 for 128kWh usage. While the bill went down due to less net consumption (better weather, so more solar generation), my on-peak rate increased from $0.33 + $0.12 = $0.45/kWh to $0.38 + $0.14 = $0.52/kWh. This is a 16% increase. Off-peak and super off-peak also increased by 16% over last year. Fortunately, I generate enough solar credits during the summer to cover my winter usage, so my net cost for the year will be a small excess generation credit regardless of what the electric rates are.
*The website actually says a 260% increase from $0.40 to $1.04. This is a 2.6x factor = 160% increase, not 260% increase.
My neighbors regularly had bills around $1000 in the southern Va winters years ago. That’s why we kept our temps at 63 to keep them in the $700 range. With the new boiler we’ve been able to increase it to 65 and have them be in the $600s. I know it will go up this winter though, as our gas rates were supposed to go up 20%
US natural gas exports have been increasing over the years as natural gas has become more tradable and therefore more subject to international markets.
https://www.eia.gov/dnav/ng/hist/n9130us2a.htm
Domestically, utilities also are increasing preference for natural gas over coal.
Fracking killed coal. It’s not without problems as far as pollution but less than coal.
yep, and fracking has kept natural gas prices down. They’d be quite a bit higher without it.