I was looking at my electric bill the other day. Man, riders sure are a pain. I have about ten of them on my bill, at least two are credits but still. Why so many. From what I have gathered, it is a may to make more money from the customer. A nickel here, a dime there. But I have a problem with two of the riders. Rider 71 – Clean coal adjustment. Well, clean and coal don’t below in the same sentence but that is another issue all together. Rider 61 – Coal gasification adjustment. Here is the problem. From everything I have heard about “Clean Coal” it almost always points to gasification. So the two riders are the same thing!

On my last bill, rider 71 was $2.93 and rider 61 was $1.40. Not that much but I know this just goes right to the bottom line of Duke Energy. To top it off Duke wants to raise rider 61 because of cost over runs. You can’t win. So I took the “can’t beat them join them approach”. I purchase some Vectren Stock about a month ago. Vectren is my Gas company not my electric company. But they do provide electric to most of the southern half of Indiana. A few months ago they asked the Indiana board for a rate increase. Most of their case was based on falling revenue. But some of it was to cover equipment upgrades. (Just like Duke wants to do.) In the rate case documents they stated they wanted to maintain about a 10% ROI for their stakeholders. Who would not want a 10% ROI. So I purchased some stock. I figure that Vectren was a more stable company then Duke.

I guess everything is going a la cart these days. Just look at your trash bill. Mine has a fuel cost adjustment. I called and they said that anytime the average fuel cost is about $2 a gallon of diesel they charge the adjustment. When is the next time you will see Diesel below $2?

Maybe I should just buy a little piece of all the utilities I have at the house, then I won’t feel so bed when I have to pay more for the same service.

I need to call my friend over at Solarhome.org. Maybe they can run the numbers for me on a solar panel system??? Prices keep coming down on solar and up on electric bills.

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