Why Your Electricity Bill May Be Higher Than Your Neighbor’s | WSJ

by News Update

Retail energy companies compete with local utilities to give U.S. consumers more choice. But in nearly every state where they operate, retailers have charged more than regulated incumbents, meaning you may be paying more for your electricity than your neighbors. Here’s why. Photo Illustration: Jacob Reynolds

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38 comments

Sarvente May 4, 2021 - 12:24 AM

First

Denmark Fidelio May 4, 2021 - 12:26 AM

This should be a “How To” video of Texas

Ben Lecluyse May 4, 2021 - 12:28 AM

Third!

watchdealer11 May 4, 2021 - 12:28 AM

It's great for consumers who actually do the leg work and not for idiots who say yes to any man who shows up to their door. Sounds good to me.

Vayam Agarwal May 4, 2021 - 12:28 AM

My neighbors connect to my socket and charge their Tesla.

Edward Huang May 4, 2021 - 12:30 AM

If it’s hot I just sleep in my basement.

Tanishq Bansal May 4, 2021 - 12:33 AM

How is this possible.

Dee Dee May 4, 2021 - 12:39 AM

Next up is water

Amir Baig May 4, 2021 - 12:39 AM

Cool

Mavrick Schofield May 4, 2021 - 12:55 AM

What if I am the neighbor…?

DUN DUN DUH!
oh the suspense.

Organica May 4, 2021 - 1:01 AM

What about with an EV car racists

Mike May 4, 2021 - 1:15 AM

Dumb people and their money will be parted…

Spiral Breeze May 4, 2021 - 1:19 AM

My account had this thing on it last month where it compared my usage to the neighborhoods. I electricity usage is way lower than average because I live in an apartment and not one of the massive houses around here, but my gas is way higher than average because I cook three meals a day and people in those massive houses are always eating out!

mohan aryal May 4, 2021 - 1:24 AM

Electricity, Railways, Petroleum are some of the things that any government shouldn’t privatize.

untouchable360x May 4, 2021 - 1:34 AM

I'm going back to burning wood and coals.

Who Deani May 4, 2021 - 1:41 AM

Man it cracks me up every time people try to reform capitalism, " consumers need better education from the industry" you mean to tell me these private electric companies are gonna want to educate the very customers that they're ripping off? Comedy

Richard Gunther May 4, 2021 - 1:44 AM

Should look at the insane amount of comparing servies in the UK. Seems to be a good model

Jiang zhu May 4, 2021 - 2:12 AM

The entire system is a flaw, ‘modest profit’ doesn’t allow the system to be efficiently upgraded. The state should own the entire thing as they’ve a proven they can just print money to make problems go away

Nako simpson May 4, 2021 - 2:32 AM

;0ijm

YouTube Sucks May 4, 2021 - 2:39 AM

Yeah I’m getting home solar. This is absurd.

Financial Shinanigan May 4, 2021 - 3:04 AM

Yes, because we all love free lightbulbs

Squigga May 4, 2021 - 3:15 AM

But what if I am the neighbor?!

Paula Kay May 4, 2021 - 3:48 AM

I know for a fact my bill is lower than my neighbors. I’m lucky enough to get the friends and family hook up from a friend that works in O&G. My 1700 sq ft home stays at 70 degrees in TX and my monthly bill is $95 / month. 😊 It’s legit my only flex.

Justin Cowgill May 4, 2021 - 4:11 AM

My toaster is just better than yours that’s why.

U Haul May 4, 2021 - 5:35 AM

Crypto minang JAXX ^ prices.

Marcin W May 4, 2021 - 8:36 AM

In GA we have not for profit co-ops. Seems okay, we get like 30% of our electricity from nuclear/solar.

Tom Doody May 4, 2021 - 10:13 AM

SOS rate should b ¿Achievable? eye'm at 12 cents in NJ not eight ¿Help?

Big Neuton May 4, 2021 - 11:10 AM

You must be tossing my salad if you think I'm going to pay more than my neighbor.

RC Trucks May 4, 2021 - 12:56 PM

That’s not different from Cambodia, during COVID-19 outbreaks and lockdown the city, electricity bills are increased more than usual, and authorities told people in the city have to pay for the bill

Trivalent Clan - Mizar May 4, 2021 - 8:07 PM

Real simple require a monthly banner that states how much more you are paying then if you bought directly from the utility, anyone who opposes this is a crook and is stealing from someone.

Aurobindo Ghosh May 4, 2021 - 8:13 PM

from 220 volts it went down to 110 volts. now with advanced technology why hasn't it gone down to 50 volts?

Alparslan Korkmaz May 4, 2021 - 8:44 PM

Nice video.

colorless_man May 4, 2021 - 8:51 PM

well even if they(read us citizens) die they(read us citizens) won't accept the fact capitalism sucks them dry! 😂😂😂😂

R D May 4, 2021 - 9:32 PM

All this video does is highlight how everyone loves a "market" economy as long as it's benefiting them but when things go badly and it's time to pay up (ALWAYS an eventuality, not if but when) they don't want to pay and then want the "socialist" solution of controlled pricing. Can't have it both ways.

crashweaverda May 4, 2021 - 11:35 PM

There pretty none existant here in Michigan due to the electric co. Started charging the alternative electric companys for using there infrastructure. Which killed the cost savings.

scarlet 001 May 5, 2021 - 2:27 AM

im pretty sure the first guy who know how hydroelectricity works did it for non profit but later being used for business

MeiXIng Michael May 5, 2021 - 10:33 AM

thought electricity is universal facility

pintu singh May 5, 2021 - 5:53 PM

You should cover other countries also .. their also you have subscriber base