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Author Topic: Power Pricing - What is your Cost per kWh ?  (Read 2220 times)
twam (OP)
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February 04, 2012, 05:43:50 PM
 #1

Hey everyone,
This is my first topic and im wanting to try and figure out what some people are paying per kWh.
Iv seen a lot of BTC Mining calculators with the default value of $0.15 USD/kWh.

But i live in Canada and my current power cost's have a average price of $0.0774 kWh.
Now what i would like to figure out is what is the average price people are paying to determine maybe if it would be worth it more for me to mine Bitcoin's then say someone paying more then double my power cost's

In simplistic terms... Post your power rates.

Thanks
Twam  Smiley
someone703
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February 04, 2012, 05:54:58 PM
 #2

Your costs are below average I would say.

I'm in eastern US and mine is ~$0.10 per kWh after I calculate the taxes and other stuff into the total electricity bill.

I've read that the national average in the US is $0.095 (don't recall the date on the article that stated this), but prices can vary a lot depending on area of course.

twam (OP)
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February 04, 2012, 06:41:12 PM
 #3

My price is an average, as since i have a Smart Meter and my power company charges me different rates at different parts of the day.

They break up the day into 3 sections:
50% (12 of 24 Hours) Off Peak Times - 6.2 cents/kWh
25% (6 of 24 hours) Mid Peak Times - 9.2 cents/kWh
25% (6 of 24 Hours) On Peak Times - 10.8 cents/kWh

But if i were running 24/7 the average would be 7.74 cents/kWh.

Thanks for the input Smiley
qualalol
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February 04, 2012, 07:18:41 PM
 #4

Back home in Switzerland Electricity costs 21.5 cents/kWh -- it shouldn't be surprising that I don't mine there.
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February 04, 2012, 08:25:00 PM
 #5

My price is an average, as since i have a Smart Meter and my power company charges me different rates at different parts of the day.

They break up the day into 3 sections:
50% (12 of 24 Hours) Off Peak Times - 6.2 cents/kWh
25% (6 of 24 hours) Mid Peak Times - 9.2 cents/kWh
25% (6 of 24 Hours) On Peak Times - 10.8 cents/kWh

But if i were running 24/7 the average would be 7.74 cents/kWh.

Thanks for the input Smiley
That's nice. You could over-volt your cards at night, under-volt during the day. I imagine off-peak hours are during night, too, so lower ambient temperatures (assuming you leave your windows open) were you to over-volt during those times. Gotta call the electricity provider where I'm moving... They usually only supply oil but have a lot of wells there, so decided to provide the electricity for the entire area where they have oil wells... maybe they'd be open to something like that.
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February 04, 2012, 08:49:50 PM
 #6

try :
http://www.energy.eu/

this had updated figures on most retail electricity costs.
Other sites have costs for wholesale/traded energy.
pskonejott
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February 04, 2012, 10:40:55 PM
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Free, cause I'm in college Wink
humanage
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February 05, 2012, 02:59:40 AM
 #8

$0.00
Fixed power bill Cheesy
xloki
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February 05, 2012, 03:11:44 AM
 #9

WINTER - October through May:

First 650 kWh: 5.0633¢ per kWh
Next 350 kWh: 4.3443¢ per kWh
Over 1000 kWh: 4.2647¢ per kWh

In the summer, after 650 kWh, everything is doubled due to a/c usage probably.
rini17
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February 06, 2012, 10:13:03 PM
 #10

In Slovakia: 8 eurocents/kWh, year-round. In the night it can be 5.5 cents (if I had it enabled). I am mining right now only because it helps with heating, when it gets warmer, i will stop.

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cpt_howdy
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February 07, 2012, 09:50:58 PM
 #11

$0.22/kWh - UK  Roll Eyes
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February 07, 2012, 10:02:39 PM
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In Slovakia: 8 eurocents/kWh, year-round. In the night it can be 5.5 cents (if I had it enabled). I am mining right now only because it helps with heating, when it gets warmer, i will stop.

Hahaha, I'm doing the same thing, it's pretty cold here too. I hope you don't have financial issues getting your house warm though.  Undecided GL bro!
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February 07, 2012, 10:09:49 PM
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Hahaha, I'm doing the same thing, it's pretty cold here too. I hope you don't have financial issues getting your house warm though.  Undecided GL bro!

Thx for caring Smiley I am only mining litecoins on CPU, my GPU is a joke ... but seems it'll cover half or so of energy cost. Not bad.

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akarius
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February 07, 2012, 10:50:33 PM
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0,07$ KW/H in Quebec
wizkid057
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February 07, 2012, 11:03:04 PM
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$0.00. (Utilitied included apartment)  Grin

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twam (OP)
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February 08, 2012, 01:19:29 AM
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$0.00. (Utilitied included apartment)  Grin

Lol, Starting mining at a constant 6000 Mh/s and see if the landlord says anything...
*Just kidding.
aurigus
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February 08, 2012, 03:35:31 AM
 #17

When you see rents go up, you'll know why. The landlord just averages power consumption across all units and you are splitting the bill with your co-tenants - so in effect they are subsidizing your mining! Smiley

$0.00. (Utilitied included apartment)  Grin
aurigus
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February 08, 2012, 03:37:29 AM
 #18

$0.0828 per kWh (East Coast USA)
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