1. Understand the billing period
The first thing you should look for on your electricity bill is the billing period. This will tell you how many days are being covered by the bill, and it’s important to note that the number of days in each billing period may vary. Take note of the dates of your billing cycle so you can track your usage.
2. Look at your usage data
Your electricity bill should show you your most recent and previous month’s energy usage either in kilowatt hours (kWh) or a graph that shows the usage over time. This information is incredibly useful, as it allows you to track how much energy you’re using from month to month. You can also compare your usage to previous years to see if your electricity consumption is on the rise. It’s important to be aware of your usage, as it can help you make decisions to conserve energy and reduce your electricity bill.
3. Check the rate you are being charged
Next, you want to check the rate at which you’re being charged for your electricity usage. Rates will vary by state and by the provider, but you should be able to find these details on your electricity bill. The rates are usually listed in cents per kWh. Your bill may also include a customer service charge fee, taxes, and other fees that contribute to the total bill.
4. Understand the charges
Once you know the rates you’re paying, you can look at the charges that make up your total bill. In most cases, you’ll see a breakdown of charges that includes a fixed charge, which is a fee charged every month regardless of how much energy is used. You’ll also see a variable charge, which is based on your energy usage. The charges that make up your bill — like the rate and the fees — will be different based on where you live or the type of service you have.
5. Look for any credits or discounts
If you have taken measures to conserve energy or have a contract with the provider that offers credits, these should be reflected on your bill. Check for any credits, or ask your provider if there are any available discounts you might be eligible for.
6. Identify any unusual changes in billing
If you see any significant changes in your bill from one month to another, it may be an indicator that you need to check your energy consumption. It could also highlight an issue with your meter or billing system. Double-check your use and call your provider if you have questions about your bill or your energy consumption.
By understanding and monitoring your electricity bill, you can take control of your energy consumption, reduce wastage, and save money. If you need more detailed information, reach out to your energy provider for additional support or clarifications. Your bill can provide valuable data that can assist you in making a sustainable energy plan and lowering energy costs.