almost free electricity ($0.0223 per KWh) ALMOST FREE!

[Viceroy]

Bad news, the rates just doubled!

Code:

I am sorry to bring you the bad news, but you 
are mis-reading their rates.

Commercial and industrial electric rates are typically 
broken up in two parts: an energy charge ($ per kWh), 
plus a demand charge ($ per kW, which is usually the 
15-min interval in the month during which the consumption 
was the highest).

As I understand it Xcel uses your highest spike per 12 months

Code:

The schedule SG energy charge is only $0.00473 per kWh. 
However the demand charge is the most significant: $4.84 per kW 
(distribution demand) plus $10.96/$8.00 per kW (generation and 
transmission for summer/winter) per kW.

So if your consumption is a constant 1 kW during a winter month 
(730 hours/month, so 730 kWh total), the energy charge would be 
730 * 0.00473 = $3.45, while the demand charge would be 
4.84 + 8.00 = $12.84. The total monthly bill would be the sum of 
these two: 3.45 + 12.84 = $16.29. Since you consumed a total of 
730 kWh, this is equivalent to an overall cost of 16.29/730 = 
$0.0223 per kWh, which is far from the $0.004 per kWh you claim.

-mrb

I cannot disagree with your analysis.  It is exactly the same as I
learned from an energy consulting engineer yesterday evening.
So the bad news is, rates just doubled.  

Of course it's still amazingly low at just $0.0223 / KwH

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[mrb]

I am glad I helped prevent you from selling power below price 

[18RATTT]

thanks for sharing Viceroy.
gonna keep an eye on this thread.

[bcpokey]

Industrial rates in Denver are half a penny if you consume 25,000 watts at all times.  The electric company burns alot of coal.

Terrible policy, subsidizing excessive power use. Admittedly in this case, we all like it, but it is still a horrible policy in general.

In other news, that is pretty sweet concept, I'm not sure that I will have a use for it in September, but if I am able to still be involved in mining come that time, I would definitely be attracted to that project (Colorado is not that far from Cali relatively speaking, and our power prices are like 15x higher).

And I don't really care about the other stuff, as long as some potheads don't think it's funny one night to go blowing smoke into my unit and a buncha water fries my stuff.

[Icy]

I would definitely be interested in this around Oct-Nov. Going to be watching for further updates. Thanks Viceroy.

[sinner]

interested.

[marketermac]

also interested.

[RandyFolds]

Are you certain there isn't a delivery charge on top of demand and usage charges? That's how all my power bills have worked. The rate per kwh out the door is the sum of usage, demand, and delivery charges, and typically delivery dwarfs the other two.

[Viceroy]

Are you certain there isn't a delivery charge on top of demand and usage charges? That's how all my power bills have worked. The rate per kwh out the door is the sum of usage, demand, and delivery charges, and typically delivery dwarfs the other two.

yea, I was schooled in this if you read back in the thread.  The original title for the thread was "get electricty for $0.01 per kwh".  So yes, the distribution is HUGE and included.  Sort of like your avatar.

[RandyFolds]

Are you certain there isn't a delivery charge on top of demand and usage charges? That's how all my power bills have worked. The rate per kwh out the door is the sum of usage, demand, and delivery charges, and typically delivery dwarfs the other two.

yea, I was schooled in this if you read back in the thread.  The original title for the thread was "get electricty for $0.01 per kwh".  So yes, the distribution is HUGE and included.  Sort of like your avatar.

I read it, but I have always encountered electric rates as a combination of three rates; usage (base rate per kwh), demand (increase in rates based on time-of-day usage), and delivery (applies to all usage). Beyond this, there are taxes. If you are getting $0.0223/kwh out the door, that is phenomenally cheap. Just make sure that is your actual rate out the door.

On a side note, I hope your equipment is well insured. Some fucktard is burning that place down within the year. Growing dope well involves a lot of power, a lot of water, and a nice mix of propane burners.

[ironcross360]

i have to say it... cannabis

[Viceroy]

My favorite herb

[leeiam]

This is excellent! 

Im sure the demand will be overwhelming for this type of thing and its very innovative. Soon more states in the US will follow suit and in time these laws will spread to Europe and beyond, wish you the best of luck! Only wish i could invest someway or another! 

[Viceroy]

I wish you could too, unfortunately arcane securities regulations written in the early 1900's prevent me from asking you to invest.  These same arcane laws also prevent me from telling the world that we are looking for investors, so I will be sure to not do that. 

As a completely non-related idea I am anxiously awaiting the new crowdsource funding regulations that President Obama signed into law last year (april 2012).  In short the new law allows me to ask anyone and everyone to invest.  But it is illegal to do so at this time as I am not a securities broker in any state or country and I am not offering any investment opportunity or a security of any kind.  (got that regulators?)

* Viceroy grumbles and walks away twiddling thumbs

[owsleybeatsbigcartel]

Miners, Computer Programmers and Weed Smokers are all the same community.

Not true, I am a miner and former programmer and have never smoked weed (or anything for that matter). I support the right to decide for yourself, but the promotion of illegal activities does not help Bitcoin's image.

seriously weed isnt illegal in CO no more i can vouch for this we smoked in front of the cops a few months back! ~besides weed/hemp aint even a drug!!;-)weeeeee

[peonminer]

Will be in Co. by next year. Might take you up on the offer!

[danieldaniel]

Miners, Computer Programmers and Weed Smokers are all the same community.

Not true, I am a miner and former programmer and have never smoked weed (or anything for that matter). I support the right to decide for yourself, but the promotion of illegal activities does not help Bitcoin's image.

seriously weed isnt illegal in CO no more i can vouch for this we smoked in front of the cops a few months back! ~besides weed/hemp aint even a drug!!;-)weeeeee

I think you might be high right now.

[No 1]

ill be in Denver fall next year, I'll look u up then

[hennessyhemp]

So, anyone want to help me draft a phytoremediation bill that we can use to take back our constitution with regard to hemp?

If you are not familiar, phytoremediation is the process whereby a plant can be used to clean toxins out of soil simply by growing it on that land.  Industrial Hemp (or cannabis that is breed specifically to have less than 0.3% thc...to put that in perspective Viceroy is helping to grow a crop specifically breed to generate 25%+ THC) has been proven to be remarkably effective at this task, and is in fact currently being used in Russia at Chernobyl to clean up it's radioactive soil.  The most amazing part is, it works.  The roots suck in the radioactive metals and render them harmless (though the hemp is still disposed of as radioactive waste).  After a few growing cycles, the land can be reclaimed.

We need to impress this into the minds of the older voting population of the country, and pass a federal bill that permits cleaning up things like 3 Mile Island, and the oil spill in the Gulf, via Cannabis based phytoremediation.

Why would this help marijuana?  Look at Colorado...six months prior to the legalization of recreational pot, a phytoremediation bill was passed.  If we could figure out how to pass this on a federal level, it would put a hole in the damn (pun intended) that is the controlled substances act, and then we'd watch the rest crumble as people begin to think...wow hemp is pretty amazing, why is it illegal?  If we just had more intelligent people seeking the answer to this question...the towers will fall and we will gain full on legalization, and the end of marijuana prohibition.

On a lighter note...someone needs to start a comic about the superhero created from smoking phytoremediated radioactive bud.

[Viceroy]

Sure, I'll run your Colorado Based Phytoremediation program....