The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: FatherBob on October 18, 2016, 09:06:27 AM
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I looked into the Renewable Power Purchase Program from City of Longmont, Colorado. Is it possible they made a mistake in their price quotes?
Here is their website: http://www.longmontcolorado.gov/departments/departments-e-m/longmont-power-communications/electric-service/renewable-energy/wind-power
“They have 100 kWh blocks of energy are available for an additional $2.96 per month”
And they also quote:
“For an extra cost of 0.0296 cents/kWh, you can source all of your electric usage from renewable energy.”
So, is it 0.0296 cents/kWh or should it be 0.0296 dollars/kWh?
Thank you so much for helping me understand!
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It's .0296 cents/kwh. You have to buy it in 100 kwh blocks though so at a minimum you're paying an extra $2.96.
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Do you see how 100 kWH should only be 2.96 cents or rounded up to 3 cents?
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Eh? I don't understand that question.
.0296/kwh is the rate increase.
But they don't sell just one kwh of renewable energy. They sell blocks of 100 kwh: .0296 * 100 = $2.96.
If you use 200 kwh in November, and want to green all of it, you can purchase 2 blocks and pay an extra $5.92.
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.0296 WHAT / kWH?
Is there a difference between 1 dollar / kWH and 1 cent / kWH. Yes
Is there a difference between .0296 dollars / kWH and .0296 cents / kWH - Yes.
I really need help with this question. Thank you!
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Cents. It's what their website states and what I also wrote.
For an extra cost of 2.96 cents/kWh,
It's .0296 cents/kwh. You have to buy it in 100 kwh blocks though so at a minimum you're paying an extra $2.96.
Where's the disconnect?
Eta: Oh, I get it. I fell for it. Oops.
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Eta: Oh, I get it. I fell for it. Oops.
But what is the final answer? That's what I'm looking for...
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Eta: Oh, I get it. I fell for it. Oops.
But what is the final answer? That's what I'm looking for...
1999.
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Eta: Oh, I get it. I fell for it. Oops.
But what is the final answer? That's what I'm looking for...
42
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I think whoever wrote this was daft. I would think it to be $2.96/100 kWh or 2.96 cents per 1 kWh. or 0.0296$ per kWh.
That would be my take on it.
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Nice Verizon tech support reference; those calls are both hilarious and depressing. I imagine they're making the same mistake here.
Reference: Verizon Math (http://verizonmath.blogspot.ca/2006/12/verizon-doesnt-know-dollars-from-cents.html)
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I think whoever wrote this was daft. I would think it to be $2.96/100 kWh or 2.96 cents per 1 kWh. or 0.0296$ per kWh.
That would be my take on it.
This.
FWIW, when discussing utility rates, it's assumed to be in $ unless otherwise noted, so 0.0296 = $0.0296 or 2.96˘
buying it at $2.96/kwh would be utterly absurd. Taking a hot shower would cost you $5.
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This.
FWIW, when discussing utility rates, it's assumed to be in $ unless otherwise noted, [...]
That's the thing... it is otherwise noted as cents, not dollars....
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Nice Verizon tech support reference; those calls are both hilarious and depressing. I imagine they're making the same mistake here.
Reference: Verizon Math (http://verizonmath.blogspot.ca/2006/12/verizon-doesnt-know-dollars-from-cents.html)
Thanks!!! :-)
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This.
FWIW, when discussing utility rates, it's assumed to be in $ unless otherwise noted, [...]
That's the thing... it is otherwise noted as cents, not dollars....
You asked what we thought, we told you... don't argue with it now.
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I immediately thought of VerizonMath, too.
Since it's referenced briefly, let me elaborate a bit for those that don't know:
Guy is quoted .002 cents per kb, is charged .002 dollars per kb. Calls in to dispute with customer service, they don't understand the difference between .002 cents and .002 dollars.
Blog detailing it was linked above by jambongris, but at least listen to the 3:22 condensed version (from 27 minute phone call), it's pretty hilarious: https://www.youtube.com/watch?v=zN9LZ3ojnxY (https://www.youtube.com/watch?v=zN9LZ3ojnxY)
The wife and I sometimes quote the "Well that's just a matter of opinion" to things that clearly aren't.
I lol'd at this thread the same thing happening with a few posters... whoops. :)
My opinion is that it's dollars/kWh, and their example is correct, but them saying cents/kWh is a mistake.
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This.
FWIW, when discussing utility rates, it's assumed to be in $ unless otherwise noted, [...]
That's the thing... it is otherwise noted as cents, not dollars....
You asked what we thought, we told you... don't argue with it now.
Ha! You forget what forum you're on!