Beaches Energy jacksonville beach, .074 per KWH. They even give you energy saving lights when you go in and pay your bill in person.
People Begin Living Without Electricity and Water in California
- Thread starter hippie
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black hills power. .0825. if you get their optional demand controller its under .07.
Normal size house...3bd/2ba 1330 sq ft.
It's a brand new energy efficient house, so that might have something to do with it. Not one of those 50-80 year old homes you see in southern CA.
The house I am in is probably 70 years+ old. and around the same size as yours but not in California, in the summer is when the electric bills of course start to move higher, running a few ACs in the house ranging from 5000 BTU to as high as 10,000 BTU is costing around 275-350 a month in electricity...
Ouch! Get some energy efficient windows, a new aircon(not those wall units) and upgrade your appliances. I used to use an old refrigerator where just running it cost $60 per month. I only paid $100 for the fridge,but it sure cost me alot in monthly expenses. Now I use a maytag energy star which I think barely costs me $60 per year in electricity now.
You guys are missing the point of my post. Doesn't matter if the house and associated bills are $1K, $2k, $3k or $10k a month.
It's the domino effect.
There is an entire supply chain reliant on the monthly residual income generated from each property. Just like insurance actuarial tables and bundled mortgage risk assessments they have a finite amount of write offs they can absorb ie. < 5%.
Once this limit has been breached they either have to raise their rates or rob peter to pay paul.
One abandoned/foreclosed house in a subdivision of 500 houses is ordinary in the normal course of life. 10 raises eye brows but still shouldn't significantly impact prpoerty values and operations.
50 foreclosures and all bets are off... Everyone gets that nice everlasting sting. There are entire buildings in Miami and entire subdivisions in Vegas that have been raped and pillaged.
Dollar deflation is in progress no denying. While I'm not a socialist per se without the monthly transactions derived from a property its only a matter of time before the local economy deflates.
Stimulus funds paid to banks so they can pay lawyers to foreclose doesn't solve a thing. Sweeps the underlying problem under the rug. Stimulus funds paid to preserve the supply chain may buy time but this snowball has some momentum.
It's the domino effect.
There is an entire supply chain reliant on the monthly residual income generated from each property. Just like insurance actuarial tables and bundled mortgage risk assessments they have a finite amount of write offs they can absorb ie. < 5%.
Once this limit has been breached they either have to raise their rates or rob peter to pay paul.
One abandoned/foreclosed house in a subdivision of 500 houses is ordinary in the normal course of life. 10 raises eye brows but still shouldn't significantly impact prpoerty values and operations.
50 foreclosures and all bets are off... Everyone gets that nice everlasting sting. There are entire buildings in Miami and entire subdivisions in Vegas that have been raped and pillaged.
Dollar deflation is in progress no denying. While I'm not a socialist per se without the monthly transactions derived from a property its only a matter of time before the local economy deflates.
Stimulus funds paid to banks so they can pay lawyers to foreclose doesn't solve a thing. Sweeps the underlying problem under the rug. Stimulus funds paid to preserve the supply chain may buy time but this snowball has some momentum.