Low $/kwh Locations in the US

[cryptbro]

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!

[Cereberus]

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 .

[Sir William]

  It's just under $0.12/kwh in the Twin Cities, Minnesota.

[dagarair]

i pay 7 cents on Dallas

[cryptbro]

i pay 7 cents on Dallas

omw lmaooo...

[flip4flop]

.127 in VA

Here is your best reference updated in Oct 2017 that should be able to help you out  Scroll down for the breakdown by states over the last few months for both commercial and residential.  Seems pretty close to accurate.

https://www.electricchoice.com/electricity-prices-by-state/

[GryphoCry]

Here in Mexico it can be as low as 0.041 USD for KwH but if you made a deal in some points of the city where they have a pact with the company it can be free lol

[cryptbro]

.127 in VA

Here is your best reference updated in Oct 2017 that should be able to help you out  Scroll down for the breakdown by states over the last few months for both commercial and residential.  Seems pretty close to accurate.

https://www.electricchoice.com/electricity-prices-by-state/

thanks for the link man...i saw this too but its definitely exaggerated down at least for residential here in CA. no way im getting .18 after all the BS and fees that they charge it ends up being .35+. hoping to get some accurate info from the fellow miners actually paying the bills.

[leowonderful]

6.5 cents residential in NW PA. I live close to Erie which has very low commercial and industrial electrical costs, surprised there's not more miners where I live. Nice and cold on the lake during winter, not too hot in the summer.

Electrical fees can amount to be a lot, especially with bs like delivery costs etc. Do some research and see what's pumping up the costs. Some providers are also cheaper than others.

[flip4flop]

.127 in VA

Here is your best reference updated in Oct 2017 that should be able to help you out  Scroll down for the breakdown by states over the last few months for both commercial and residential.  Seems pretty close to accurate.

https://www.electricchoice.com/electricity-prices-by-state/

thanks for the link man...i saw this too but its definitely exaggerated down at least for residential here in CA. no way im getting .18 after all the BS and fees that they charge it ends up being .35+. hoping to get some accurate info from the fellow miners actually paying the bills.

Damn sucks its not accurate. Its pretty close to what I am paying in VA and pretty accurate for Hawaii was paying about that when I lived maybe a little higher.

[BlockMedx]

Think rural and far away from population centers.  I know some places where people are getting 0.05/kwh and even lower just by being in places where nobody lives.  Decreased demand equals decreased prices

[Raimy]

The problem with asking this question is everyone just looks at their kw/h rate on their bill and posts it, but it may not reflect the real cost of electric in that area. For example, you may see the rate listed as $0.07/kwh on your bill, but then there may also be a distribution charge or some other BS that adds another $0.02 or $0.03 per kwh so the real rate ends up being closer to 10 cents. Someone else may pay 20 cents per kwh but has no distribution charge, so while they may think they are paying more or less in reality its the same rate.

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.

[dagarair]

The problem with asking this question is everyone just looks at their kw/h rate on their bill and posts it, but it may not reflect the real cost of electric in that area. For example, you may see the rate listed as $0.07/kwh on your bill, but then there may also be a distribution charge or some other BS that adds another $0.02 or $0.03 per kwh so the real rate ends up being closer to 10 cents. Someone else may pay 20 cents per kwh but has no distribution charge, so while they may think they are paying more or less in reality its the same rate.

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.

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.

[pr3m0nition]

Here in the center of the country in saint louis, Ours is .09 per kwh with no additional charges.

[CryptoWatcher420]

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!

Washington state where I live isn't too bad. figure round .074 cents per kw/h

[DarrenJC]

Slightly off topic, ive got equivalent to 16 cents in the UK

[Chisinau]

Atlanta , GA : 15 cents summer rate (may-september) / 10 cents winter rate (oct-apr) , thats with all fees and other bullshit real figures on bill when calculating actual cost  . And thats with a freaking nuclear power plant in state , absurdly expensive especially in summer period  

Where to move guys ? Washington state too far and will miss Florida and Atlantic ocean beaches just hours of driving distance  

[CryptoWatcher420]

Atlanta , GA : 15 cents summer rate (may-september) / 10 cents winter rate (oct-apr) , thats with all fees and other bullshit real figures on bill when calculating actual cost  . And thats with a freaking nuclear power plant in state , absurdly expensive especially in summer period  

Where to move guys ? Washington state too far and will miss Florida and Atlantic ocean beaches just hours of driving distance  

Washington is not that far considering the OP is just in cali, but for .074 cents per kw/h is well worth the travel

[jeswin]

Always try rural areas where population and the expenses are lesser

[MarkAz]

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).