Electric Company

For instructions on how to play:

Background

Remember this is not a game, it is real. If you are like me you will have received your water bill this week ($50), and another one is due in six month's time.

You will probably have a monthly electricity account due/outstanding of about $100 (£100 if you live in the UK). (*If you live alone.)

The electricity distribution network is divided into three parts; generation, distribution and retail, but you only deal with the retailer.

These properties are paintings, like 'Trafalgar Square', which is available for $240.

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Electric Company

Price: $150

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If a player owns ALL the Lots of any Color-Group, the rent is Doubled on Unimproved Lots in that group.

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Electric Company

If you don't want to invest $150 on a property (paintings are moveable properties, unlike real estate which is a fixed property, therefore not as valuable), which I can't show you right now, otherwise consider this:

How should electricity be priced?

1 The Electric Company is a Generation company.

It uses hydro power, wind power, geothermal, coal, gas and solar power to make electricity.

This costs them between $0.02 cents per unit and up to ??? (Gas, diesel and coal cost the most).

2 The Electric Company is a distribution network.

It buys electricity from the generation company for between about 1.7c & 5c per unit and distributes it to the retailer.

There are two components to the distribution network.

One is the 'national grid'.

The other is the local distribution network and substations.

3 The Electric Company is an electricity retailer.

It charges the customer (about 23c per unit), and pays for the maintenance of the electricity distribution grid and the meters it uses to record the amount of electricity the customer or householder has used.

It sometimes (Trustpower) also sells gas, telephone, and broadband (Internet) services.

It distributes any profits to the shareholders or the owners.

Some Electric Companies are owned by shareholders, some are privately owned, and some are owned by the council or the rate-payers.

Most urban areas and cities and many rural communities have at least one Electric Company, many have three or four, and customers usually buy their electricity from the one which charges them the least, or where the price is the same, the one which offers them the biggest shareholder dividend.

Question

How much should electricity cost?

For example, if you earn $18 per hour, and pay $0.33 per unit, you are paying three times as much (proportionally) as somebody who earns $54 per hour. (Or half as much as someone who receives $260 per week as a welfare beneficiary.

http://www.trustpower.co.nz/index.php?section=14

http://www.trustpower.co.nz/index.php?action=view&id=52&module=newsmodule&src=@random48f670a85b5d9

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The Oil Company

Price: $150

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BLACK&DECKER (B&D)

http://www.blackanddecker.co.nz/
The company is the world’s largest producer of power tools and accessories. Recently named as one of Australia’s key global brands and included in the 2004 Superbrands compendium, Black & Decker® this year celebrates 75 years of power and innovation in Australia.

Products:
Serial Drills (AC/DC)

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The Water Works

Price: $150

If a player owns ALL the Lots of any Color-Group, the rent is Doubled on Unimproved Lots in that group.

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Water Works

The Water Works operates in much the same way as the Electric Company, but distributes water.

The water utility can be publicly owned or owned by shareholders and supplies water and reads meters.

Customers have to pay extra for any water they use in excess of their allocated amount.

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What does the future promise for electricity?

It is essential that we transition to solar energy and use it not only for household energy, but also to replace transport fuel.

We know the world is already short of electricity and the situation is only going to get worse before it gets better, because customers who currently use little or no electricity, will be using 10 or even 20 units of electricity per day each.

Whether we like nuclear power of believe it is going to pollute the planet, we need more nuclear power plants (about 50 per year) than we currently have.

The pricing structure, with or without competition, will determine the future. If we base it on the current retail price of $0.33 ($0.35) per unit, we can estimate $0.07 for generation, $0.14 for distribution and $0.14 for retail margin.

This fits with the current price of $0.07 paid for solar power, but unless this is doubled to $0.14 many will not be able to afford to invest in solar. It assumes about ten units per day per person, ($1,200 per year) meaning the cost of a solar installation (about $6,000 to $10,000 would take 5 years to pay for itself, assuming it produced all the electricity used at the time it was needed. (It wouldn't because some is used at night and batteries still cost about $5,000 extra.)

How do we transition to solar power?

We can have free energy if we generate it from panels on the roof. THIS MEANS ENOUGH FOR THE HOUSE AND THE CAR AND AS MANY GARDEN FOUNTAINS AS WE WANT, FREE, because while eventually it may be difficult to sell electricity to the grid if everyone generates their own, at present there is a shortage, and we don't even power our cars with electricity yet.

If we charge an extra $0.20 per litre of petrol sold and return the money in the form of credits which can be sold, but must be used for solar installations or electric vehicles it would speed the transition dramatically. This would not be necessary if global warming due to CO2 is not real.

The National Grid

The major transmission network in New Zealand. Generation and load centres are shown as blue and red circles respectively. The major AC transmission corridors are shown as black lines, with the HVDC Inter-Island shown as a dashed line.

The National Grid is the nationwide system of electric power transmission in New Zealand. The national electricity transmission grid is owned, operated, and maintained by state-owned enterprise Transpower New Zealand, although some lines are owned by local distribution companies and leased to Transpower. In total, the national grid contains 11,803 kilometres (7,334 mi) of high-voltage lines and 178 substations.

Much of New Zealand’s electricity generation is hydro-electric. The majority of this generation is from stations established on lakes and rivers in the lower half of the South Island, while most of the electricity demand is in the North Island, in particular, the Auckland region. Consequently, large amounts of electricity need to be transmitted long distances over the grid, between generation and load, including transmission across Cook Strait, between the two islands, via the HVDC link. ^[1]

Community Chest

FREE, Microsoft Windows 10

Operating System, worth $700 *

when you buy a Mozilla browser for £100*

*Conditions apply.

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Internet Provider

Price $150

If a player owns ALL the Lots of any Color-Group, the rent is Doubled on Unimproved Lots in that group.

© SUN Corp

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Internet Provider

See JavaScript

Customers are charged between $29.95 and $100 per month for internet service, and this will vary between companies.

Internet Gaming

Chance

YOU Receive Payout From Spark

$30 per month for all internet

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Water Works

Price: $150

Image result for woman crying

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Chance

Pay 20 cents per litre petrol tax and receive credits to the same value towards solar electricity panels.

Receive 14c per unit for excess electricity.

The London Electricity Board was the public sector utility company responsible for electricity generation and electrical infrastructure maintenance in London prior to 1990. It was shortened to LEB in its green and blue logo, consisting of the three letters. As London Electricity plc it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.

Formed as the London Electricity Board in 1948 as part of the nationalisation of the electricity industry by the Electricity Act 1947, it was privatised in 1990, as London Electricity plc.

The Company was acquired by Entergy, a US company in 1996 and then by EDF Energy in November 1998.^[1]

A notable employee of the business is John Major, prime minister of the United Kingdom from 1990 to 1997. He joined them in 1963 and remained there until May 1965, when he moved to the Standard Chartered Bank to take up an executive role.

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EDF Energy is an integrated energy company in the United Kingdom, with operations spanning electricity generation and the sale of gas and electricity to homes and businesses throughout the United Kingdom. It employs over 20,000 people and handles 5.7 million customer accounts.^[1]^[2]

EDF Energy Customers (trading as EDF Energy) is wholly owned by the French state-owned EDF SA^[3] and was formed in 2002 following the acquisition and mergers of SEEBOARD Plc (formerly the South Eastern Electricity Board), London Electricity Plc (formerly the London Electricity Board or LEB), SWEB Energy Plc (formerly the South Western Electricity Board) and two coal-fired power stations and a combined cycle gas turbine (CCGT) power station.

In 2009, EDF Energy took control of the UK nuclear generator, British Energy, buying share capital from the government. This made EDF Energy the UK's largest generator,^[2] as well as the largest distribution network operator.