Understand How To Read Your Electricity And Natural Gas Bills
About Electricity And Natural Gas Bills
To keep an eye on your energy budget, it is essential to fully understand the monthly energy costs and charges on your electricity and natural gas bills. When reading your electric or natural gas bills, you may wonder what electric or natural gas utility charges are, what a kWh is, how they are calculate, or other issues understanding your energy bills. Constellation wants to help you achieve your energy costs by educating you about how energy consumption could affect your monthly bill.
What Are The Fees And Charges On My Electricity Bill
On your bill (or this example electricity bill), you will see a list of how much electricity your household used during the month, in kilowatt-hours or kWh. You have two ways to control this part of your bill. First, you can lower your home energy bills by reducing your consumption. Second, you can have more control by choosing a provider that offers a fixed price plan to avoid price fluctuations due to seasonal changes, power supply changes, or other external factors.
Another necessary charge to understand on your electric bill is the capacity cost. This charge, which generally applies to commercial customers, ensures that the utility has sufficient available capacity to meet all of its customers’ energy needs.
Utility Charges On Electricity Bills
Another common question regarding electricity billing concerns utility charges. The delivery charge on your electric bill is your share of the maintenance and upkeep of the line, helping you run your home or small business. Your account (like this utility bill example) may contain a different term, e.g. “Transfer fee” or something similar, but the impact on your electricity bill remains the same.
How Are Utility Bills Calculated?
To understand how your electricity bill remains calculated, you need to know the rates you pay and how much energy you use. Ultimately determining your home’s electricity bill. If you read your electricity bill, you will see the total cost of energy consumption for that month. It is calculated by multiplying the rate you pay per kWh by the number of kilowatt-hours your home has use during the month. Knowing this formula (below) gives you an essential way to understand your energy costs.
Explanation Of Your Natural Gas Bill
Understanding your energy costs is more than understanding your electricity bill. Your natural gas bill can make up a large portion of your home energy bills. Liable on where you live and your supplier, you may need to familiarize yourself with several terms to understand your natural gas bill.
Fixed and variable tariffs are different billing plans and affect your natural gas bill. Understanding your natural gas bill becomes a bit more complex when you’re bill at a variable rate that can change. Every month. Fixed price bills are less complicated than variable rates and maintain the same rate you pay for the gas each month; usage varies.
Some Of The Most Common Terms On Natural Gas Bills
- What is a CCF? CCF is the reading of how much natural gas you used in a month, measured in hundreds of cubic feet.
- What is a BTU? A British Thermal Unit, or BTU, is an energy measurement use to calculate the amount of energy needed to raise the temperature of a pound of water by 1 degree Fahrenheit.
- What is a therm? One therm equals 100,000 BTUs. It is usually the unit used to calculate the energy used when determining your monthly natural gas bill.
- What is the price per therm? It is the price you pay per therm according to your contract. This price may vary depending on the time of year, supply and other cost factors if you have a variable rate plan.
- You may also have customer service fees, transmission fees, capacity fees, and other similar fees your state or local carrier require.