What should I charge for general chemistry tutoring?

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The reason why I'm asking about the fee is because my old professor suggested me as a tutor to add to the department tutoring list for general chemistry II (everyone's favorite of the two genchems, yeah? ) and I'm not really sure what I should charge as an hourly fee. I took it exactly a year ago, and the year before that too (in HS).

My professor's suggestion for what tutors generally charge seemed a little exorbitant to me - I mean, don't have a degree or anything. Online it said the fee varies depending on the subject and difficulty level of the subject being taught.
Anyone have any clue? Any ball-park estimates?

I should probably clarify why I've taken it twice, huh?

I've taken general chemistry twice - once for an AP credit (I got a 4 on the AP test, which is high enough to qualify for college credit but I rescinded the credits since chem is my major) and once (last year) at the college I'm currently at. Grade wise, I aced it both times and I feel really, really, ridiculously comfortable with it now.
I've helped people informally with chem many times over the last couple years and they have all said that I'm very helpful and even good at teaching. Once, when I was bored, I went on yahoo answers, made an account, and tried to answer all the gen chem questions I could up there. I didn't have trouble with any of them and I got ~75% best answer for the 30 or so that I replied to. I've also helped explain things to people that I know in real life over e-mail and on forums. I don't give them point-blank answers ever but everyone says I'm very helpful, so I know that I am at least somewhat competent at conveying what I know to them in a way that makes sense. They ask questions that show that they understand what I'm telling them too, so I know I help.

So long as your students are getting what they need from you, what does it matter if you have a degree?

I would say at least $20 an hour.

$20 sounds about the right price to start at least. Some tutors charge upwards $100+ but that comes with experience and having the students you tutor get good results. I've never charged more than $20. Though, I've worked for companies that I think charged about $35 for my services.

Start at $20 and raise your price as soon as you have proven results that you can use as references.

Thanks guys!
My professor recommended $20/hr as well. That's so much! But... Awesome.

Thanks!