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Author Topic: Low $/kwh Locations in the US  (Read 711 times)
cryptbro (OP)
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November 17, 2017, 03:41:15 PM
 #21

It's also worth it to say whether you're after residential or commercial rates - I'll assume commercial if you're looking to do anything substantial.  In my experience it matter much less how 'rural' someplace is, but instead matters more what the source of the regions power is - up in the pacific northwest, hydro is common and very affordable.  Here in Phoenix we have nuclear power which is relatively inexpensive, so commercial rates are in the $0.05 to $0.06/kwh neighborhood.  The other thing to watch out for is as one person pointed out, virtually every power company charges additional fees, some that scale with usage, some that don't - and some combine some demand billing element as well.  There also can be multiple power companies in the same city - in Phoenix there are two major ones (SRP and APS), and then some municipalities actually do their own power generation (such as Mesa, AZ).  The prices I'm talking about is for SRP, and is basically your 'all in' rate - so if you use a relatively small amount you'll be closer to the $0.06 price, if you use more you'll drop down to $0.05.

The final thing to keep in mind is that they usually offer different power usage plans, like time of use plans, or pay as you go plans, etc.  For literally all of the ones I've done the math on, assuming you're a constant load 24/7, they all unsurprisingly end up with basically exactly the same effective rate.  BUT, if you can do something to make your load a-typical, you can take advantage of this - when I was first starting out using residential power, they had a program called EZ-3, where you paid a low rate 21 hours of the day, and a substantially higher (3x or more) rate for 3 'peak' hours.  I just setup my miners to shut down for the 3 hours of the day, and got my residential blended rate down to the $0.07 range (where it was typically closer to $0.08-$0.09).


Thanks for the info man! Commercial here in CA is still around .12-.15 and that's just from their website which definitely isn't including taxes, fees etc.. Utility companies seem to have a monopoly here in CA as most major cities only have 1 provider so they can charge us a ton and we can't do anything about it. Even asked a couple buddies who live in NorCal rural areas and they're paying .30+, must be the nice weather tax or some shit lol. Currently AZ, WA, VA, PA, and TX look the most promising but shit I'd honestly take anything around .05-.12 residential or commercial. Granted I know the cooling situation may be different in other states so if you guys have any info on that (gota run the AC all day, bad humidity etc.) I'd appreciate it too! Lots of good insight so far good shit guys.
xxcsu
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November 17, 2017, 04:30:31 PM
 #22

The only correct way to determine the true cost would be to do the math yourself and take the total bill including all electric and other fees, meter charges, taxes, etc. and then divide that total by the number of kwh you used. I think if people did that you would see a lot of the rates across the US at least would start to get a bit closer together.

Exactly Smiley

There is one of my gpu mining location electricity bill ...
9010KWh - 877.74$ --- 0.097$/KWh before all the additional fees
the real price is :
9010KWh - 1102.09$ --- 0.122$/KWh
with 9000KW/h , that is 225$ more than what the power company appetizing on they website Smiley or you can see on any nationwide stats Smiley




I think most on this board are somewhat smart knowing especially what their electric costs are since its the most expensive ongoing expense.  I would hope so anyway.  I Pay 7 cents all in.

Most of time they dont know in the begining ,before ordering they miners , they not even know how much amps they house electrical wiring can handle .... They will know the price after they receiving they firs / second power bill for sure Smiley

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KingScorpio
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November 17, 2017, 05:14:28 PM
 #23

As fun as it is paying .35/kwh in southern California, I may have the opportunity to have an out of state location for my rigs. How much are you guys paying for electricity around the US? Looking at a possible move in 2018 so scoping out some options to get this electric bill down as the farm keeps on growing. Either residential or commercial info is appreciated. Thanks guys!

I am not in the US and in fact am very far from it in good old Europe but I have heard people in this very board saying that the best place are some districts in Washington DC, paying as low as 0.02 USD/kwatt per hour. That is every miner dream as it is almost free electricity with the salaries of the US country Smiley .

cereberus? seriously isnt that name spelled wrong?

regards

mojoxc
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November 17, 2017, 08:00:28 PM
 #24

There is no right answer to this as depending on the size of the facility rates can be negotiated and be significantly less than advertised.
joshuajones02
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November 18, 2017, 04:17:38 AM
 #25

It's also worth it to say whether you're after residential or commercial rates - I'll assume commercial if you're looking to do anything substantial.  In my experience it matter much less how 'rural' someplace is, but instead matters more what the source of the regions power is - up in the pacific northwest, hydro is common and very affordable.  Here in Phoenix we have nuclear power which is relatively inexpensive, so commercial rates are in the $0.05 to $0.06/kwh neighborhood.  The other thing to watch out for is as one person pointed out, virtually every power company charges additional fees, some that scale with usage, some that don't - and some combine some demand billing element as well.  There also can be multiple power companies in the same city - in Phoenix there are two major ones (SRP and APS), and then some municipalities actually do their own power generation (such as Mesa, AZ).  The prices I'm talking about is for SRP, and is basically your 'all in' rate - so if you use a relatively small amount you'll be closer to the $0.06 price, if you use more you'll drop down to $0.05.

The final thing to keep in mind is that they usually offer different power usage plans, like time of use plans, or pay as you go plans, etc.  For literally all of the ones I've done the math on, assuming you're a constant load 24/7, they all unsurprisingly end up with basically exactly the same effective rate.  BUT, if you can do something to make your load a-typical, you can take advantage of this - when I was first starting out using residential power, they had a program called EZ-3, where you paid a low rate 21 hours of the day, and a substantially higher (3x or more) rate for 3 'peak' hours.  I just setup my miners to shut down for the 3 hours of the day, and got my residential blended rate down to the $0.07 range (where it was typically closer to $0.08-$0.09).


Thanks for the info man! Commercial here in CA is still around .12-.15 and that's just from their website which definitely isn't including taxes, fees etc.. Utility companies seem to have a monopoly here in CA as most major cities only have 1 provider so they can charge us a ton and we can't do anything about it. Even asked a couple buddies who live in NorCal rural areas and they're paying .30+, must be the nice weather tax or some shit lol. Currently AZ, WA, VA, PA, and TX look the most promising but shit I'd honestly take anything around .05-.12 residential or commercial. Granted I know the cooling situation may be different in other states so if you guys have any info on that (gota run the AC all day, bad humidity etc.) I'd appreciate it too! Lots of good insight so far good shit guys.

Florida is actually not too bad at least where I live.. SW Florida.. but its hot AF here most of the time, finally getting some cooler weather here

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