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  2. Cost of electricity by source - Wikipedia

    en.wikipedia.org/wiki/Cost_of_electricity_by_source

    Lazard study assumes "60% debt at 8% interest rate and 40% equity at 12% cost" for its LCOE calculation but did not disclose their methodology or project portfolio used to calculate prices. [91] In the 2023 study Lazard explained their LCOE estimates for nuclear power are "based on the then-estimated costs of the Vogtle Plant and US-focused".

  3. Electricity pricing - Wikipedia

    en.wikipedia.org/wiki/Electricity_pricing

    The simple rate charges a specific dollar per kilowatt hour ($/kWh) consumed. The tiered rate is one of the more common residential rate programs. The tiered rate charges a higher rate as customer usage increases. TOU and demand rates are structured to help maintain and control a utility's peak demand. [6]

  4. Flat rate - Wikipedia

    en.wikipedia.org/wiki/Flat_rate

    Tradesmen such as electricians, plumbers, and mechanics, also often charge flat rates to cover their labour for their services. In a survey in 2014 in Australia, the average labour rate for a painter was $39.92 per hour.

  5. A guaranteed $2.75 hourly pay increase for all full- and part-time union workers. Wage increases for full-time drivers brought their average top rate to $49 an hour.

  6. List of US states by minimum wage - Wikipedia

    en.wikipedia.org/wiki/List_of_US_states_by...

    The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.

  7. Kilowatt-hour - Wikipedia

    en.wikipedia.org/wiki/Kilowatt-hour

    Watts per hour (W/h) is a unit of a change of power per hour, i.e. an acceleration in the delivery of energy. It is used to measure the daily variation of demand (e.g. the slope of the duck curve), or ramp-up behavior of power plants. For example, a power plant that reaches a power output of 1 MW from 0 MW in 15 minutes has a ramp-up rate of 4 ...

  8. Electric heating - Wikipedia

    en.wikipedia.org/wiki/Electric_heating

    Electric heating is a process in which electrical energy is converted directly to heat energy. Common applications include space heating, cooking, water heating and industrial processes. An electric heater is an electrical device that converts an electric current into heat. [1]

  9. Electrician - Wikipedia

    en.wikipedia.org/wiki/Electrician

    Electricians were originally people who demonstrated or studied the principles of electricity, often electrostatic generators of one form or another. [2]In the United States, electricians are divided into two primary categories: lineperson, who work on electric utility company distribution systems at higher voltages, and wiremen, who work with the lower voltages utilized inside buildings.

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