Re:Sandwell Bitcoin mine found stealing electricity
by selectodude on Friday May 28, 2021 @11:11AM
(#27316325)
Capacity charge is how they reduce the shitstorms that happen when the cost of electricity skyrockets and real time pricing becomes national news. They're basically forcing you to hedge your future electricity usage.
If you shut off your bitcoin miners during the warmest parts of the day, your capacity charge will go down.
Re:Sandwell Bitcoin mine found stealing electricity
by kasey_junk on Friday May 28, 2021 @10:25AM
(#27315668)
On my last bill that added 4.2c per kWh.
The bill previous was 3.9.
The majority of those fees are fixed cost so don’t scale linearly with usage.
Re:Sandwell Bitcoin mine found stealing electricity
by marktangotango on Friday May 28, 2021 @10:21AM
(#27315627)
I did the math in my area/provider and it came out to a .01 discount on the standard rate, which is not much of a discount at all. Even for the largest industrial, multi megawatt plans, which was surprising.
It doesn't include Transmission, distribution, taxes or whatever a "Capacity Charge" is.