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July 2025 Discussion-OBS - seasonable summer variability


wdrag
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15 minutes ago, Wannabehippie said:

ConEd made $1,820 million in profit in 2024. That is $1.82 billion. And they want to raise prices, and transmission costs. Which means even if you choose a 3rd party provider for gas and electric, you still will pay more due to the higher transmission fees. They should get zilch, zip, nada for gas and electric increases.  In fact their prices should be rolled back a good 5%.

 

It's not just ConEd's fault. They are taking advantage of our infinitely stupid government. 

"Let's shut down 20% of NYC's electricity supply that is already clean and immune to global price shocks with nothing in place to replace it!"

That's just one example. 

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4 hours ago, LibertyBell said:

Heard more about the Con Ed situation, they are going to raise both gas and electric prices 15% and not only that, they are also going to increase transmission costs so even if you use less power you will still pay more.  And it's not an insignificant amount, WABC7 said it could amount to a 200 dollar higher bill PER MONTH.

 

Exactly.  The problem is that utilities are protected, because we need water and electricity to meet our basic needs.  These utilities are "regulated", in other words protected, to insure there will always be enough supply for our demand.  Therefore, capitalism cannot be counted on to keep costs down, since they are exempt from competition.  So, a power company has to pay for their overhead, and are guaranteed to make a profit.  Every time we buy a more energy efficient refrigerator, HVAC, washer and dryer and utilize led lights, the rates must increase to offset losses in revenue.  Sort of counter intuitive.  Doesn't matter if the energy sources are renewable or not. The only way to beat the system is to totally go off the grid, which I don't think is possible yet, unless you own a ranch with enough space to supply enough wind, solar and geothermal power and store it?

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5 minutes ago, Sundog said:

It's not just ConEd's fault. They are taking advantage of our infinitely stupid government. 

"Let's shut down 20% of NYC's electricity supply that is already clean and immune to global price shocks with nothing in place to replace it!"

That's just one example. 

Note I am a supporter of nuclear energy. 
Indian Point Nuclear Power plant was commissioned between 1962, and 1976. The oldest of the three was decommissioned in 1976 due to poor design and operational issues. The other two licenses were set to expire in 2013, 2015. Those two had a history of issues dating back from 2000. Any shot at getting their licenses extended was blown to hell when the operator, Entergy, refused to build a new closed-cycle cooling towers system at the cost of $1 bil. That was key due to environmental impacts on the Hudson River from the water taken, and returned to it. 
The licenses for nuclear power plants last 40 years. 

 

12 minutes ago, Dark Star said:

Exactly.  The problem is that utilities are protected, because we need water and electricity to meet our basic needs.  These utilities are "regulated", in other words protected, to insure there will always be enough supply for our demand.  Therefore, capitalism cannot be counted on to keep costs down, since they are exempt from competition.  So, a power company has to pay for their overhead, and are guaranteed to make a profit.  Every time we buy a more energy efficient refrigerator, HVAC, washer and dryer and utilize led lights, the rates must increase to offset losses in revenue.  Sort of counter intuitive.  Doesn't matter if the energy sources are renewable or not. The only way to beat the system is to totally go off the grid, which I don't think is possible yet, unless you own a ranch with enough space to supply enough wind, solar and geothermal power and store it?

In NYC, LI, and at least in my area of NJ, you can buy your power from 3rd party providers. Example buy your power from Superelectric company rather than ConEd. Coned still provides the transmission of the power. This is because you cannot have a million different transmission lines from each power company. Same goes for gas service.  
ConEd in particular has had ever increasing profits the last few years. A lot of that money is given back to shareholders with dividends. Coned pays $3.40 a share, and that rate has consistently gone up year over year. 

 

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1 hour ago, LibertyBell said:

ugh I was going to do some landscaping work in my yard tomorrow lol.

when you said sea breeze minimal I thought you meant it was going to be hot lol

From what I looked at, it's going to rain both Thursday and Friday and cloudy Saturday, so no sunshine after today until Sunday?

 

When the sea breeze is minimal and we have a another focusing mechanism we can get heavy rain right to the beaches. Weekend looks like a perfect summer weekend.

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8 minutes ago, LongBeachSurfFreak said:

When the sea breeze is minimal and we have a another focusing mechanism we can get heavy rain right to the beaches. Weekend looks like a perfect summer weekend.

Big thing I miss about living on Long Island, or even in Astoria, ease of access to the south shore beaches, in particular Jones Beach Field 6.

 

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10 minutes ago, Wannabehippie said:

Note I am a supporter of nuclear energy. 
Indian Point Nuclear Power plant was commissioned between 1962, and 1976. The oldest of the three was decommissioned in 1976 due to poor design and operational issues. The other two licenses were set to expire in 2013, 2015. Those two had a history of issues dating back from 2000. Any shot at getting their licenses extended was blown to hell when the operator, Entergy, refused to build a new closed-cycle cooling towers system at the cost of $1 bil. That was key due to environmental impacts on the Hudson River from the water taken, and returned to it. 
The licenses for nuclear power plants last 40 years. 

 

In NYC, LI, and at least in my area of NJ, you can buy your power from 3rd party providers. Example buy your power from Superelectric company rather than ConEd. Coned still provides the transmission of the power. This is because you cannot have a million different transmission lines from each power company. Same goes for gas service.  
ConEd in particular has had ever increasing profits the last few years. A lot of that money is given back to shareholders with dividends. Coned pays $3.40 a share, and that rate has consistently gone up year over year. 

 

I've been told, first hand, that the bulk of the increase is for the transmission.  Yes, we can buy our electricity from a 3rd party provider, which in theory does create competition, but doesn't solve the ever growing transmission costs.  I have a feeling we are paying for repairs done in other parts of the grid and or country during crisis time?

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6 minutes ago, Dark Star said:

I've been told, first hand, that the bulk of the increase is for the transmission.  Yes, we can buy our electricity from a 3rd party provider, which in theory does create competition, but doesn't solve the ever growing transmission costs.  I have a feeling we are paying for repairs done in other parts of the grid and or country during crisis time?

But the transmission costs are a separate fee from the electric/gas costs. 

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7 minutes ago, Wannabehippie said:

But the transmission costs are a separate fee from the electric/gas costs. 

Yes.  But, they are fixed costs and are increasing rapidly.  A Board reviews their requests to raise rates, and apparently rubber stamps the increases?

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8 minutes ago, winterwx21 said:

Storms missing well to the south, but at least it has been a decent batch of steady light to moderate rain. 0.10" here so far and we'll be adding a little more to that. Just enough to water things out there. 

We might see some storms approach the area later tonight

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