Wow, Alabama utility company executives won't admit the truth behind it. I was surprise that executives don't mention "Demand factor" for business. Demand factor is very expensive and profitable for utility companies. I am STILL not sure why yours still hitting 500 dollars a month, I never go over 200 dollars a month for electricity. I got 3 computers running, too many TV, and I just kicked in Central Air cause it is getting too hot inside my house.
Can you at least look how many KWH you used each month? I don't care about the cost, just KWH please, can you? I average 650 KWH each month.
And I do have natural gas furnace and barely use it in the last two years and I enjoyed huge savings on Natural gas. I believe I have saved $1,000 already in the past two years, plus my house has been kept toasty warm better than NG furnace offers. This coming winter, it is going to be a real payback. I am restocking firewood, looks like this week may be last week for me to restock them. I had no problem finding free hardwood firewood.
Payback is when you invest something and it takes time for it to start paying for itself. Mine is 2 years, interesting. Whats even better, I am selling two wood burning stoves. I have two great stoves for sale right now. One is for 2,500-3,500 sq ft and other smaller one up to 1,100 sq ft which is not enough for my house. I found right wood stove for my house because the right stove didn't heat up wood stove room over 92 degrees, mostly around 90 and that is where I wanted it to be at. The big stove, I can't get my stove room below 100 degrees! and smaller one I was able to get it to reach 91 degrees but not enough to warm up whole house. The reason why I wanted 90 degrees is that I find it most efficient way to get my whole house warm. 20 degrees above the minimum comfortable temperature for whole house, meaning 70 degrees would consider minimum, adding 20 degrees on top of it will help the furnace push the heating into whole house. Yup, its automated
I got two thermostats in my house, one is for Central air and back up natural gas heating, and second one is when the stove room hits 90 degrees, it just kick the furnace fan. I ended up saw lower electric bills, about 200KWH less and that's a lot of savings. Other advantage is that when stove room cools down to 89 degrees the furnace fan stops running and wait for it to increase back to 90 degrees start fan until the point that stove is cooling down. automated is awesome, cause I don't have to worry about when to turn off the furnace fan.
Our house built in 2005 so 2 central AC are 8 years old.
See my link about high electricity rate in my state.
Despite cheaper fuel costs, Alabama Power bills higher than Georgia Power (corrected) | al.com