Saturday, November 9, 2019

and, the idea that the price is going to only go up by 2% is just wrong.

let's say your current electrical cost is x. the price is going up 155%, so your new price is 1.55x. then, they'll charge you tax, so that's another 0.13*1.55x, so your new price is 1.7515x. they'll then reduce that by 31.8%, so that's

1.7515x - 0.318*1.7515x = 1.194523x.

previously, they would have charged you tax (1.13x) and then reduced it by 8% (1.13x - 0.08*1.13x = 1.0396x).

1.194523x - 1.0396x = 0.154923x. that's a 15% percent increase.

and, indeed, if your normal electrical price is $150 (how?), you're going to go from $155.94 to $179.18. that's not $2.

if you're actually one of these poor suckers that uses $300 of electricity, per month (including delivery)? your bill will go from $312 to....$358.36.

you know doug. he's in it for you.