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COVID ECONOMICS


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#1441 sebberry

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Posted 08 April 2021 - 07:38 AM

not always.  you are not considering the extra space/expense of running hot and cold pipes all through the building.   and the wastage when you run hot water at 3am to get to your hot sink and all that hot water that goes cold in the pipes between your 12th floor unit and the tank in the basement.  just to bring to you 0.5 litres of hot water to wash your hands for 6 seconds.

 

 

You're already running all the cold pipes all over the place, and the hot pipes in the unit so really there can't be much more expense to run a main hot pipe.  And it's a one-time expense.  And to your second point, that's what recirc systems are for.  I wait less time for hot water in my condo than my friends do in their houses.

 

 

The bill for hot water is astronomical in the condo I own that uses central systems. People waste way more when they percieve they don't pay directly for it.

 

There's no 'hot water' bill.  It's comprised of water and gas or electricity.  Considering water is almost never metered individually, it's a shared expense already.  

 

What's the cost of hydro for a 40 gal electric tank for two people? 



#1442 Victoria Watcher

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Posted 08 April 2021 - 07:52 AM

 

 

What's the cost of hydro for a 40 gal electric tank for two people? 

 

it's actually quite reasonable.  i know its counterintuitive but a tank full of hot water keeps its energy pretty well.



#1443 Victoria Watcher

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Posted 08 April 2021 - 07:53 AM

There's no 'hot water' bill.  It's comprised of water and gas or electricity.  Considering water is almost never metered individually, it's a shared expense already.  

 

 

but because that gas or electricity is not metered people waste it.


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#1444 sebberry

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Posted 08 April 2021 - 08:06 AM

but because that gas or electricity is not metered people waste it.

 

Our annual gas budget is $4,000 for 27 suites.  That's $12/mo in gas which is only used for hot water in my building.  I'd pay what, $40 in hydro every month to heat my own water?  Remember that outside of the bedrooms, most condos give you nearly no storage, so that's good money to rent a locker at Westshore U-lock.



#1445 Ismo07

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Posted 08 April 2021 - 08:09 AM

Our annual gas budget is $4,000 for 27 suites.  That's $12/mo in gas which is only used for hot water in my building.  I'd pay what, $40 in hydro every month to heat my own water?  Remember that outside of the bedrooms, most condos give you nearly no storage, so that's good money to rent a locker at Westshore U-lock.

I pay under $40 for hydro per mo. for everything not $40 to heat the water...



#1446 Victoria Watcher

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Posted 08 April 2021 - 08:11 AM

i think a condo hot water heater is closer to $15/mo. in electricity. it will obviously vary.  it's probably not unreasonable to think that 2 people will cost almost twice what one person uses (showers, dishes, cooking and laundry).  on average women also use more hot water than men.


Edited by Victoria Watcher, 08 April 2021 - 08:14 AM.


#1447 sebberry

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Posted 08 April 2021 - 08:22 AM

Gas is still cheaper....

 

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#1448 sebberry

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Posted 08 April 2021 - 08:22 AM

I pay under $40 for hydro per mo. for everything not $40 to heat the water...

 

Do you light by candle? :D   


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#1449 laconic

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Posted 08 April 2021 - 09:49 AM

The biggest surprise we had when moving into the cement condo was how cheap the electric bill has been. We pay about $30 per month. A noticable portion is the clothes dryer even though we use the oven very often.

We have a corner unit with lots of glass so for the most part we use passive heating and cooling. In the summer the blinds are down when the sun is on them and windows handle the breeze. In winter the blinds are open for the lower sun.

About the only time we turn on the air conditioning is on 30 degree days with no wind, or to get a reprieve from the Bayview squawker.

#1450 Victoria Watcher

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Posted 08 April 2021 - 09:57 AM

you use the oven to dry clothes? is it convection? or do you broil your socks?

Edited by Victoria Watcher, 08 April 2021 - 10:04 AM.

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#1451 Urbanpioneer

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Posted 08 April 2021 - 09:58 AM

It must be so comforting to have your biggest worry be how much power your heated foot bath will consume. Not worrying all night long if some settler will discover and cut your only old ragged extension cord that you used to plug into someones garage and liberate a few free watts so you can heat a can of beans and dry your socks. The disparity in "Victoria" is astounding and shameful


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#1452 Victoria Watcher

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Posted 08 April 2021 - 09:59 AM

I was hoping for the day urbanpioneer would start making posts in other threads.

awesome.

Edited by Victoria Watcher, 08 April 2021 - 09:59 AM.

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#1453 Greg

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Posted 08 April 2021 - 10:01 AM

I was hoping for the day urbanpioneer would start making posts in other threads.

awesome.

 

The graciousness you have shown over losing your Best Troll status is very commendable. :)


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#1454 Ismo07

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Posted 08 April 2021 - 11:30 AM

Do you light by candle? :D   

 

No but I never turn the baseboards on.  When it's too cold I just prop my door open, the hallway is warm and the heat piles in ;)



#1455 Mike K.

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Posted 08 April 2021 - 11:50 AM

It must be so comforting to have your biggest worry be how much power your heated foot bath will consume. Not worrying all night long if some settler will discover and cut your only old ragged extension cord that you used to plug into someones garage and liberate a few free watts so you can heat a can of beans and dry your socks. The disparity in "Victoria" is astounding and shameful


I don’t think those liberated watts are free, though.
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#1456 Sparky

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Posted 08 April 2021 - 12:22 PM

They are stolen watts that can never be returned.


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#1457 Victoria Watcher

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Posted 09 April 2021 - 06:02 AM

The provincial government announced a funding pool of $50 million to help the 14,000 restaurants, bars, breweries, wineries, gyms and fitness centres affected by the March 30 health orders that closed all indoor dining and group fitness gatherings until April 19.

 

 

The new Circuit Breaker Business Relief Grant gives those businesses up to $10,000 to help with expenses such as rent, insurance, employee wages, maintenance and utilities. The grant can also help cover unexpected costs that resulted from the restrictions, such as the purchase of perishable goods.

 

https://www.timescol...-aid-1.24305144



#1458 spanky123

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Posted 09 April 2021 - 06:52 AM

^ Enjoy it while you can, Trudeau is mouthing the same words as Yellen on a minimum global corporate tax which if implemented, would raise the Federal tax rate for small business in Canada to 28% from 9%. That should be enough to kill off the businesses and jobs that covid didn't get.

 

https://www.theglobe...global-minimum/


Edited by spanky123, 09 April 2021 - 01:58 PM.

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#1459 spanky123

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Posted 09 April 2021 - 01:58 PM

Looks like Horgan's plan to help the restaurant and bar industry is to raise the minimum wage for servers by 10% come June!  The NDP suggests having a lower minimum wage for servers is sexist because a majority of servers are women. I thought the wage was lower because a majority of servers get tips! 

 

https://www.timescol...ease-1.24305396



#1460 Victoria Watcher

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Posted 09 April 2021 - 01:59 PM

it was a bit of a silly idea to begin with.

minimum wage is a bad idea. but varying levels with age or duties is an even worse idea.

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