Stuff and More Stuff
Stuff, Stuff and More Stuff
A blog about Business & Finance.
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PG&E Bill..What!..Me Worry?
About 18 years ago I had a conversation with my Dad in San Diego where we compared and complained about our respective SDG&E and PG&E bills. A third person in the room said he had read an article where the best defense against complaining about utility cost was to invest in their common stock. I followed that advice and bought some PG&E and arranged to have the dividends reinvested. I have stuck with the plan thru PG&E's hard times. I now have an after-tax dividend of about $138 per month. My bills average about $130 per month! TaDa!! I still have the dividends reinvested as I am yet to retire. Bring on the next heat way Miles!
8 comments from 4 users
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posted by
TomW
on Aug 17, 2006 at 10:40 AM
Way to fight the power. I'm going the opposite way, by investing in green energy. Solar water and power pay for themselves in 3 to 8 years respectively and then the rest is cash in the bank. When the smart meters finish rolling out, I hope to never send them another check.
posted by
randomfactor
on Aug 17, 2006 at 11:06 AM
Back east, summertime temperatures rarely exceed 100 degrees either, Mucus. . California's above the national average in electricity rates but it's in-line with plenty of east coast states. And they don't have near the transmission-line cost we do...you could fit the majority of the east coast states into California. http://www.neo.state.ne.us/... posted by
TomW
on Aug 17, 2006 at 11:17 AM
Yeah, I could have used my tax cut to pay my electric bill. And to pave the roads and help someone pay for private school and to research alternative fuels and to buy body armor for my cousin in Iraq and launch a sattalite to go check out the the subsurface oceans on Io. I was going to get $300 bucks back. How much do I have left to spend?
posted by
tonyh
on Aug 17, 2006 at 11:30 AM
RF, posted by
anonymous
on Aug 17, 2006 at 11:39 AM
The problem with PG&E is that whatever agreement you secure from them, they never, yes never, keep their word. They are usally quick to agree, but that is the last good word you get from them, they spebd extra time trying ti get out of agreements. I have had an agreement with them for four years on who reads the meter, they agreed to read it every six month and I would do the rest and post it on a card, but I have to tape the meter and remove the tape on their month or they do not keep their part. Trust me this keep the bills down.
posted by
randomfactor
on Aug 17, 2006 at 11:45 AM
Actually, I've lived in Texas, Georgia, and Florida, if not the south. But not with A/C.
posted by
TomW
on Aug 17, 2006 at 11:48 AM
I thought that your avatar was the FSM, but maybe that's your brain on Georgia without AC. posted by
randomfactor
on Aug 17, 2006 at 12:13 PM
Neurons frying in the heat...I used to catch lizards out in the Mojave summers as a kid, too...
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