Why Your Electric Bill Is So High - and Could Keep Climbing | WSJ

[@gb23a]

The reason for high cost is greed. you got to love it when they call it everything but what it is

[@nonexistent5030]

Consolidated Edison enjoyed net profit margin expansion of 50% and yet they blamed rising utility prices by 300% due to "increased operational costs" yet they experienced operational margin expansion too!

[@jameswood2615]

Inflation is killing my budget and my salary. I can't invest and it seems like I will need to sell a part of my portfolio to keep my head above the water this year

[@yasminesantos8558]

There's a lot around crypto and whole economics . You must learn to buy high in order to sell low, or buy low in order to sell high.

[@fabriziorossi5664]

Crypto is bringing a different revolution in the world economy. People who are optimistic investors earn consistently.... Others will just sit and watch!.

[@curtissjody5784]

Even with the fluctuation in the economy, I'm so excited I've been earning $45,000 from my $10,000 investment everyday 10days.

[@curtissjody5784]

Investing is easier with proper guidance, especially from a proffessional it really helps reduce the chances of running into losses. All thanks to Mrs Jennifer Marie Ferguson. She changed my life, was able to pay off my mortgage

[@alessiaroca4966]

Wow I know Mrs Marie Ferguson . I met her at a conference in carlifornia 2019 where she introduced us her business strategy, she helped me cover my loans

[@TheNickboogie]

Why don’t you address corporate greed raising the price? CEO keep giving themselves raises for the wonderful job they’re doing raising rates on consumers.

[@thomasjust2663]

That is correct, I have family in Mexico and they pay $20 dollars a month for electricity!! why? well because all power is provided by CFE which is the non for profit national electric company, I believe the power companies in the US use every excuse in the book to raise prices

[@willw3736]

Why dont you address the real problem? THE BIDEN ADMIN!! Its not by accident that EVERYTHING has gone up under the abysmal Biden Admin...I miss the mean tweets guy...my wallet misses him too. I hope the Dems get whats coming to them in Nov. ...RED WAVE IS COMING

[@nonexistent5030]

Consolidated Edison enjoyed expanding operational AND net profit margin expansion by 50%! Yet they blamed rising utility rates on rising operational costs. Can't blame rising g operational costs if operational margins are expanding!

[@geraldarcuri9307]

Accusing companies of "Greed" is the last refuge of socialists. Keep voting Democrat and you will continue to see high costs and runaway inflation. Save the earth and become poor.

[@redoxhilk1055]

i admire the effort of these journalists to demystify the costs of power. They did hard work to identify cost of building power plant, cost of power plang fuel, cost of power posts and lines and cost of labour and servicing. they did that, right?

[@ASkippingRock]

My wife and I have been debating having solar installed. Helpful knowing that prices are expected to continue rising.

[@inthedarkwoods2022]

I'm sure that's an interesting discussion at night.

[@bngr_bngr]

What’s the payoff period!

[@domdrty]

Make sure you write your state elected officials. A lot of local electricity providers are lobbying states to reduce solar incentives and reduce the rate they have to pay solar panel owners for unused electricity sold to the power companies.

[@user-if2jq8vr8y]

solar panel collect energy on battery for night

[@TricycleRaider]

Is the price of solar panels still the same like a few years ago?

[@bngr_bngr]

We need to create more nuclear power plants to generate electricity. How do people think we are going to Mars with out nuclear energy.

[@abdulachik]

some people think we need more eolic and solar, i think you are absolutely right nuclear energy for some reason is a tabo, i think its because if we make more nuclear plants, then natural gas is not that important anymore and the oil industry which is huge is not gonna have it

[@MnktoDave]

​@@abdulachik Nuclear energy has a bad rap because of the inherent danger involved in producing it, and the thousands of years (or more) the stored radioactive 'waste' remains extremely toxic to almost every living thing. Until they solve those problems (in my opinion) it should not really be considered as a mainstream energy source, and certainly NOT considered a viably 'clean' energy source, as the industry likes to portray it. All it takes is one mistake or an unpredicted act of nature like for example, what already happened at 3 Mile Island, Chernobyl, and Fukushima. Last I heard, Japan still wants to dump millions of gallons of toxic contaminated water directly into the Pacific ocean (starting spring of 2022, and continuing for the next 30 years!) because they don't know where to store it all, and it's the cheapest/easiest option to deal with the problem. They estimate 40 years or more to clean up the Fukushima site from that incident alone, and the Chernobyl site was completely buried under thick concrete, and will continue to be uninhabitable for hundreds of years or more into the future. Not what I'd call safe, or green energy. That's why many consider it to be taboo.

[@mauriciosolano9342]

@@MnktoDave nuclear energy fixes the problem "Renewable" doesn't Compare Spain and France Simple case studies If governments wanted to solve problems they would

[@Malikar001]

@@MnktoDave radioactive from tritium mainly. If they dumped all of it into the bay at once no sealift would die. None. The Japanese are very paranoid when it comes to radiation.

[@bngr_bngr]

@@MnktoDave but we know it wasn’t a simple mistake or just an act of nature.

[@lindsayhengehold5341]

I’ve had trouble with paying my electric bills myself in the past but never had my power shut off blessedly ( only had my gas turned off).

[@aerodude9903]

I'm am in Ohio (south of Dayton) our electric supply via AES Ohio went from $0.041/kwh to $0.102/kwh due to the current U.S energy policy changes, THANK YOU BRANDON!

[@thomasjust2663]

That's nothing, in south Texas, the cost is $0.25 per KW!!

[@JT-zl8yp]

@@thomasjust2663 Maybe because texas grid is not connected to the rest of the usa

[@TomNook.]

It's funny, in winter we use more electricity obviously because it gets darker quicker, we're inside more and for heating. In the US you use more in the summer because of AC

[@Avantime]

In the US in winters, home boilers and furnaces using heating oil are much more widespread because the fuel is cheaper and more reliable than electricity, especially with snowstorms bringing down powerlines. However you can't run the AC with heating fuel in the summer. Texans don't use heating oil because of the state's milder climate, which is why they froze when electricity got cut out last year.

[@hobog]

Are you in central/northern europe? (I'm curious if Latin America also isn't AC-heavy)

[@Avantime]

@@hobog Nope, I'm in New Zealand. Electric space heaters and heat pumps (aka reverse cycle AC) are the most common here, followed by wood pallet burners. A few homes have gas heating.

[@Connor_Roush]

If this keeps up, why would you buy EVs?

[@squirrelcovers6340]

Because gas is $7 gallon?

[@jeryljoseph1]

@@squirrelcovers6340 Because of state regulations and taxes. Where I live, it's $3.5

[@michelbruns]

Because it’s still much cheaper than gas

[@Connor_Roush]

@@squirrelcovers6340 lol it’s $4.25 here. very dishonest answer.

[@michelbruns]

@@Connor_Roush and it’s 9+ in other countries so all stop crying lol

[@ddeboy002]

All the southern states could have enough solar in dead land areas to heat the north in the winter and the North could produce enough to cool the south in the summer. It just needs to be built and planned.

[@graphixs26]

Storage is the issue. Not transporting power. Lookup energy duck curve. We need power between 6 and 9 pm after the sun sets.

[@AceMonkeyIlium]

I remember my mom putting up a poster to not use the washing machine at a certain time to save electricity

[@jathebest2835]

Interesting. What was the time then?

[@aarononeal9830]

The Wall Street journal needs to talk about Ecosia they are a search engine that plants tress

[@TechGamer-pq1gu]

As someone who lives in a country with the highest power rates in Asia this is just an alarming news.

[@danieljordan465]

Thanks for the link , it's come to my realisation that some batteries that were dieing suddenly received charge from what I can only explain as a microwave and ultrasound cross feed from some other devices. So it then came to mind that wave density in places has started to sap the electric from our homes like it's bouncing round the plug and wavering the electric goodbye. When these batteries recieved energy from the wave transit at that moment it was surprising. Yet must be part of the reason some kind of usage is having to be paid for and I believe it's a seepage due to a wave density issue. If the powers that be have unexplained seepage or usage they compensate by raising the cost it might become clearer. Thanks again,

[@Jalex92]

PAINT YOUR ROOF WHITE! Leaving an Asphalt roof black is really dumb. Even on old roofs, Using a rubberized white paint reduces heat absorbed from sunlight and some paint companies will warranty not just the paint but the roof to (the paint waterproofs old roofs)

[@kimmer6]

I had a rigid urethane foam roof 2'' thick sprayed on my entire roof in 2019. It has tan mineral granules as a finish. It cut my natural gas heating bills in half, never had AC in this house, just ceiling fans and box fans. The attic stays below 95F even on hot days. It was 92F outside but upstairs remains 77F this afternoon. The attic gable vent fan ran 14+ hours a day in Summer before the foam roof now might run once in 6 weeks for 20 minutes, then stop. My neighborhood is full of black roofs for some reason. I walk in the evenings and hear attic fans still running after dark all up and down my street. The addition of the foam roof is the best thing I ever did in owning this home for 30+ years.

[@the_rubbish_bin]

In other words, the pissing contests between politicians are why we have to pay more... Got it!

[@alparslankorkmaz2964]

Nice video.

[@Dbabacbone]

Americans first this isn’t the war in UKRAIN it’s the administration that has made the choice to send our resources abroad leaving Americans paying the price. Can’t wait to vote in 2024.

[@richctv]

Time for Germany to rethink shutting down their very effective nuclear power plants. France for the time being is the wiser and sticking with nuclear power; often producing surplus energy. Meanwhile the rest of Europe are dependents on Putin's power whims. So now we'll be paying higher electricity costs to subsidize some real bad planning in Europe. This was/is a huge unforced error.

[@leonelgaldinomonteiro4783]

Half in maintence

[@air_pln]

Tell me you're american and don't know nothing about world politics, without telling me you're american and know nothing about world politics.

[@richctv]

​@@air_pln I can tell you one thing for sure. The truth really stings when I get a comment like yours.

[@florianfaber9799]

German here. Our 3 last nuclear power plants provide around 6 % of the total power production. End of 2022 we will shut it down. We can replace them with other sources. In france around 50 % of the nuclear power plants are shut down due maintance or security issues. This started end of 2021. France buys a lot of energy from germany

[@jathebest2835]

@Zaydan Naufal The real question is how he got verified.. He has no followers🤔

[@crhonda500]

This town has alot of solar pannels to lower the grid load,so why are we paying more for electricity!?

[@davidwelty9763]

Fracking is why we had a surplus in 2011.

[@carrowxhex6891]

I get free nights. I live in Texas and I run my AC at nights as low as I can. Then during the day I put it at 78. I place bubble wrap in my windows. Lightly dampen your windows and the bubble wrap sticks to it. You can’t see it from the outside.

[@Baestrada]

Do you think its more worth having free nights?

[@carrowxhex6891]

@@Baestrada for me yes because I work night shift and I’m up at nights getting my laundry, running my dishwasher and watching tv

[@irishcherokee8884]

So the takeaway is electric prices are high but they’ll be higher later

[@toram6210]

How about build a solar panel on ur roof

[@Deanna-z2s]

All Stores Please Lower the price of all Military and Local for all Brands of Electric Bills and Accessories and Production Cost Now That's too much $$ The Whole World Now 🙏🙏🙏

[@Inpreesme]

Nice propaganda, I worked for 30 years in a public utility most costs increases were caused by inept management covering up their horrendous mistakes with increases in premiums a.k.a. bills to cover it all up, Trust me it’s a good old boys club from every level of government

[@williamhoskins2300]

it's always customer fault for the huge profits these poor utility companies have to except , and everyone to think that's OK. why is no one demanding paperwork and proof of these explosive increases? shareholders won't allow it ? our company is customer owned, we never get any of these surprises..get rid of the management.

[@michelemarie8346]

Stop buying electric cars

[@jamievidd775]

I seem to never have a shortage of natural gas.

[@Deanna-z2s]

All Stores Please Lower the price of all Military and Local for all Brands of Electric Bills & Electric Motor Products and Accessories and Production Cost Now That's too much $$ The Whole World Now 🙏🙏🙏

[@gaguil13]

Yea we need a new President…

[@j303ab2]

Somehow my gas bill is higher that my electricity bill.

[@jonathanbuck6526]

So here we are in New Zealand with the highest ratio of renewables of ANY OTHER COUNTRY IN THE WORLD. Yet here we are importing expensive coal that is making our Kw unit pricing very expensive. About time someone made some decisions that change this anomoly.

[@ShibaSoftware]

Would love to see a follow up video on current renewable energy alternatives to the grid. ☀️ 💨 🔋

[@PhukYouTube]

How much is your monthly bill in fantasy land ?

[@hampusbrokmann8249]

@@PhukKZbin Exactly 😂😂

[@maribethcondrillon1079]

Almost in dollor at least 700$ per month

[@dasfahrer8187]

Renewable energy is an impossibility. Also, learn the difference between energy, electricity and power. Smart people pushing to move away from fossil fuels aren't serious about it and are using it as a political cudgel, and the ones that are serious about it are too stupid to understand what they're saying.

[@bngr_bngr]

There is not. Didn’t you see how she said natural gas, a fossil fuel, is the largest fuel used to create electricity. Time to make more nuclear power plants.

[@arunupreti2391]

My last month home electricity bill is 150Rs which is around 2 usd I have 7 room house

[@budakulu2307]

Mantap tehnologinya ,,slm by indonesia

[@noneofyourbizness]

shareholders need to deal with inflation too. Which means that their handouts must go up...consequently, we will all be forced to pay extra in order to cover however much more they think they'll need.. if they don't get a large enough increase in their handouts they'll sulk and go and blackmail another firm instead...and so on . So, we can't escape. great system... isn't it?

[@gus473]

¯\_(ツ)_/¯ Works for me and most of America. Buy a few hundred shares in your electric company when the market is down, pay your bill with the dividend. Never been easier! 😎✌🏼

[@JustAThought155]

Well, to put it bluntly, EVERYTHING cost more and will increase in price from here on out!😔. This isn’t just reserved for energy cost.

[@jeffreyjones8531]

What bull. Electric here was 8 cents now it’s .20 cents

[@elegua9160]

Imagine if you have to plug 🔌 up your electric car ....smh

[@nmcalmond]

This video leaves out the effect of recent restrictions on drilling that has reduced US production as another major factor in the cost increase. Transitioning to natural gas from coal would be a better way to go green without raising prices on people who already have a hard time making ends meet.

[@berenicemarchese1593]

how about we cap corporate profits and start charging companies taxes again? i think this inflation would magically resolve itself if the greedy rich couldn't horde all the money.

[@florianfaber9799]

There was a a nice hint for con edison. I would buy a LFP batttery. Set it to charge at night, so you can use the cheap power for the day. btw in germany we could only dream of 26 cent / kWp. We pay 0,31 cent / kWp. The contract only runs for a year. The next contract has 0,58 cent / kWp

[@cmdr1911]

I am sitting at 6 cents a kilowatt hour and that locked in for another 2 years.

[@florianfaber9799]

@@cmdr1911 you are located in?

[@aylyi-huh9355]

wow katherine's hair is on point

[@LouisChiaki]

I thought US usually have higher electricity bill during winter not summer.

[@djp1234]

California has enough renewable energy to power 100% of our needs, and they still keep raising prices.

[@chefdave2910]

Biden 2024!!!!!! Make America Poorer Again. MAPA….

[@rok1475]

Let’s talk about raising corporate profits and the impact of that on inflation, shall we?

[@유형석-d9r]

you are saying corporate should put their production on hold and try not to earn money?

[@rok1475]

@@유형석-d9r I am just pointing out that corporations are making more profits now than 2-3 years ago while working people suffer more now than 2-3 years ago. Profits of some companies are now the highest in their history.

[@유형석-d9r]

I don't get it. Inflation often happens when wages of employee increase and they start spending more, but the inflation we are now facing is caused by supply issues, which is not able to be solved until supply chain gets back to normal. Due to Russian invasion and China's lock down, many products are falling short their demand. Coampanies have little things to do with current inflation indeed.

[@offgridwanabe]

The sky is blue oh that will make the rates go up.

[@scottcaverly5135]

Go Brandon!!!!

[@sirrufaticheligo7367]

It kind of irritated me that the music suddenly stops when the lady starts talking and it starts as soon as they switch to the video clip. I couldn't concentrate on what she was saying AT ALL.

[@cmdr1911]

I am currently enjoying a rate of 6 cents a kilowatt hour in Ohio.

[@jeffstrong4580]

Fracking has bad name due to using water to bring up oil and not filtering dirty water due to high costs. But if we only want natural gas then we just have to do fracking ground and don't have to use water. Even with raising rates, if Washington allow fracking for natural gas with government soft loans, fracking companies will be able to make big profit after natural gas price went up by 300% in last 3 months with EU buyers waiting. With Putin in charge of Russia, it will be at least 3 years that Russia will be out of oil and LNG market. Biden allowing fracking for natural gas with soft loan will drop natural gas price back to normal again.

[@andrewfinn]

Come to Canada we have lots of gas

[@neilstevens338]

Anyone thought about going Solar? It can be pretty cheap.

[@emmvee1678]

Not a lot of sunlight in the winter in the northeast

[@auro1986]

why? electricity used for showing wsj

[@jefferydebbink282]

Time to build more nuclear power plants!

[@ffletch5277]

So USA natural gas is being sent to Europe instead of USA.. Great, who’s brilliant idea was that? Brandon again ?

[@AwesomePlaylists888]

The more energy efficient houses and appliances get the more your utility company will rip you off.

[@WokeandProud]

That's the reason they try to outlaw private solar panels or heavily tax them in certain places they don't want people being independent and free of their price gouging it's late stage capitalism at it's worst.

[@BoulderfistDalan]

This info on rates is out of date. They are getting rid of time of use as solar is taking away their revenue...

[@simonau7800]

California power prices r crazy high. $0.32/kwh off peak and 59/kwh peak

[@beyondfossil]

Yes, PG&E turned in record profits last quarter too after increasing rates 22% since Jan 1, 2022 -- with another 22% rate increase coming in 2023. Also, their CEO was paid $51.2M in total compensation in 2021. It seems PG&E shareholders and executives are profiting handsomely in this environment.

[@Isaac-qe2in]

Everything's more💲in California... thank your politicians!

[@Vedrajrm]

This is why You have solar panels since 5 years

[@I_need_a_better_username]

ERCOT hired a new CEO. He lives in Ohio and will receive 6.8 million over 6 years. Politics anyone?

[@johnl.7754]

I think in some states it is also because the state government is pushing the utilities to move toward more expensive solar/wind energy sources which is better for environment but will cost more.

[@j.w.wilson8267]

Exactly! Going to cost us more! No savings whatsoever

[@bjs2022]

Katherine’s bad sound makes good video look bad.

[@teddypreston5525]

Inflation driven by greed; in a nutshell shell. They forgot to mention that. Also this should drive the houses standard to retrofit to new DC standards. DC is a lot cheaper and safer (12, 24 & 48 with main panels running automated.) With over 60 to 70% savings for the home owners. Our electrical system is a mess. And prone to hacking + terrorist attacks. EU is way ahead of the USA.

[@TMM-N]

Blame biden

[@m.alexanderjohnsonstroud879]

Just hungry team don't worry it's 3:10am .

[@neilstevens338]

We pay you to go Solar . Up to 8000.00 Let me know

[@ascendor7250]

I think you need Kejriwal. :)

[@ridhobaihaqi144]

Overproud indo: "we have the cheapest electricity fare in the world!! Proud to be indonesian 💪💪🇮🇩🇮🇩👏👏" Yes, that's true... because powered by dirty coal!!

[@JRPGGUY]

exactly why I have a flat fee

[@emmvee1678]

Good for you

[@maribethcondrillon1079]

Yes super big bills

[@kimcissell1905]

Starving infants without formula. Now they want to take children’s school meals away June 30th

[@squirrelcovers6340]

Mine has never been over $45 in summer & $35 in winter.

[@michelbruns]

We pay 100+ euros a month

[@srb1855]

Useless report.

[@speaklifegardenhomesteadpe8783]

Basically theft

[@McpeteOmu2]

👍🏻🔥🔥

[@homewall744]

So greater demand means supplies are lower (wrong!) and she wants us to save by running A/C at night?

[@PhukYouTube]

I agree. Blah blah blah - Putin price hike. Did WSJ mention Biden agenda ? BTW, we don't have such problems in north central Texas. My last 3 months electric bills were #25, $25, and $35. The local plant burns a mile long car of coal daily and the sky could not be more blue and the air could not be fresher. It's very clean and cheap. I left California after 3 generations and they can suck a bag of dawg dix.

[@turng41]

BS...........It's GREED!

[@Kyle-bb9zp]

Go with out electric like the lost ways the book its all coming to an end in 8 months better get prepared

[@sn5301679]

Putin gave regard to activists who successfully shut down the nuclear power plant... next time you meet them, ask for reparation.

[@AmbitionZVapeR]

this is BS! its law put in place and thier choices. its simple. if its ukraine, its the uS and nato's fault

[@douglasforeman8627]

Female credit. Anoynoymous to most. Word on the street. We thought seen the worse Sabrina wreck. Really spoiled rotten souls.

[@nordicvolkan]

None of the reasons provided for hiigher cost are true

[@deannaspencer8988]

All Stores 900,000 Please Lower the price of all Brands of Military Equipment and Local for All Brands of Utilities and Production Cost Now 900,000 That's Too Much $$ 900,000 Now The Whole World 900,000 🙏 🤲 🕍 🕌 ⛪

[@dailydoseofmedicinee]

😯

[@ronaldorivers236]

Where I live is common to see 1 guy working in the power lines and 4 or 5 supervising, also shareholders want a bigger piece of the pie

[@cmdr1911]

That is a union requirement. Workers can't be alone due to safety issues. So two linemen. Then you would have the superintendent that isn't allowed to do work due to union rules. Then you would have a company rep or internal supervisor there for the engineer/designer. The last would handle material coordination, quality control, resolve unforeseen site conditions. Then if you have a 3 day job, you pay for 5 days to mobilize and demobilize.

[@Kyle-bb9zp]

Heat with wood my wife and I will be. you people don't even remember the old ways any more you rather use propane and natural gas andvheating oil. I just don't understand America anymore nobody wants to run a chainsaw anymore they don't want to work hard anymore or cut fire wood or do a good job at there job any more quality or be macgyver fix things. I am 41 years old and people used to heat with wood and work hard every day. Instead you have let technology take over your life and that's all you might care about. No values about family staying together the way God would want you to. No disapline by the parents anymore. Don't let the US government run your life. No back to the lost ways the book. Its all coming to and end in 8 months jugment day.

[@WokeandProud]

The lvl of okay boomer energy in this comment is off the charts advancing technology is a good thing it gives you more freetime with those loved ones you spoke about its not the tech that's the problem its the people who abuse it.

[@unkowntheunkownsatoshi4842]

I am Satoshi nakamoto who created blockchain bitcoin and other but the most recent what when I move my bitcoin from Satoshi to a new cryptocurrency market when I created I made it to be energy I will be talking to all that have question or thought or anything on anything I have built but let's focus on energy because I'm afraid it's worst then you all imagine. Who is interested in finally meet the one person everyone has on there head and thought

[@kkdias9924]

gonna pass on that bub

[@Stephen..]

Fraud.

[@kristensorensen2219]

#439👍😤The export of our gas costs us all more in the US. This report is about the east coast more than in the West where we have hydro.

[@Isaac-qe2in]

From what we hear, the bigger concern for the American west is water... the Colorado River hasn't been used in an efficient manner over the decades.

[@thrangu1]

We can help with the supply of oil by simply lifting sanctions against Iran Venezuela Syria Libya and other countries that the US does not agree with. When we want to strangle the economies of other countries we create a boomerang effect. Now we the consumers are paying for this through high prices because the supply chain has been cut. As a man once said the chickens have come home to roost

[@unkowntheunkownsatoshi4842]

Wrong I built the self sustainable electricity. Satoshi nakamoto

[@DD-vq4jk]

Simple answer ur dept is 30 trillion

[@theoutlook55]

You mean *debt?

[@hampusbrokmann8249]

Fake info 😂😂😂😂🤥🤥🤥

[@AndyB718]

You ain't seen NOTHING YET ! Wait until it's the only option. Brandon's the biggest challenge you fibbers.

[@deannaspencer8988]

Please Lower The price of all Brands of Military Equipment and Local for All Brands of Electric Now,The Whole World 🌎 900,000 % 🙏 🤲 🕍

[@Deanna-z2s]

All Stores Please Lower the price of all Military and Local for all of Brands of Electric Bills and Accessories and Production Cost Now That's too much $$. The Whole World Now 🙏🙏🙏