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Event Power rates for October https://t.co/JuZMUZ6F42

Discussion in 'NORECO II Announcements' started by NORECO II, Oct 21, 2020.

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  1. NORECO II

    NORECO II Guest Guest User

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  2. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    That's a big increase, Oh yeah Christmas is coming.
     
  3. Rye83

    Rye83 with pastrami Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    Could it be that more power is being used due to people staying home more? I know very little about power production or how the price changes with increased demand. I would think the extra demand may result in higher maintenance costs.
     
  4. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

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    But greater income - only problem is if excess demands cause bigger problems not covered by that additional income. Or as @jimeve says "It's Christmas"!
     
  5. SkipJack

    SkipJack DI Forum Adept

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    I don't know.
    In a free market there will be fluctuations. The utilities enter long term contracts for the base load and then fill the remainder of what they need with short term and on the spot bidding.

    Fuel cost fluctuations, mostly coal here in the Philippines, are passed on to the utility. If one power plant shuts down for maintenance or repair then the excess power required from the other plants is more expensive. Older contracts expire and newer contracts are more expensive. (Labor increases, etc.)
     
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  6. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    On going brown out since 1pm today.
    Bamboo breaking the power line.
    Sacsac bacong. Where are the repair boys?
     
  7. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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  8. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    Minutes after posting this the power came back on.:smile: I can eat my dinner in without candles.
     
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  9. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

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    You like wax with your food? You really have become Filipino. :smile:
     
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  10. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    You're welcome to have my wax from my ears. :smile:
     
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