Save Money at Home on Electricity
Understand electricity and gas bill
Knowing what costs make-up your energy bills could help you save money with electricity and gas.
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- If you might be on a time-of-use or off-peak tariff you'll find two tariff rates here.
- Rates vary between retailers. Keep your rate in your mind when you compare other retail offers.
- If you're having problems finding your average kWh usage, call your electricity retailer for help.
- Sample Electricity Bill
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- There will probably be a 'Usage' heading. Underneath this heading it will have an 'average use for that billing period' estimate kWh.
- There may certainly be a heading that reads 'Total with this bill'. This total refers to the total amount of kWh you've got used during that billing period.
- Otherwise, to calculate your quarterly usage, multiply your average usage each day by the number of days within your billing period. For example, should your daily average is 5.93 kWh, multiply that from the number of days billed with the quarter (91 days), so 5.93 x 91 = 540 kWh.
- Remember that some quarters are generally more expensive as opposed to others, including the middle of summer and the middle of winter.
- What perform terms in my bill mean?
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Average cost daily: This is how much you only pay each day normally for energy due to this billing period.
Average daily usage: This is how much energy you use daily on average. It is measured in kilowatt hours (kWh) for electricity and megajoules (MJ) for gas. kWh: Electricity energy consumption is measured in kilowatt hours. A kilowatt (kW) is 1000 watts of energy. For |
example, in case you run a 1000 watt heater for just one hour, it's going to use 1 kWh.
MJ: Gas energy consumption is measured in megajoules. A megajoule (MJ) is really a measure of gas comparable to one million joules.
Charge/kWh: Electricity usage is priced in cents per kilowatt hour, by way of example, 22.56 cents per kilowatt-hour (c/kWh). So if you have 20 kWh daily, it could cost $4.51 on a daily basis.
Peak and off-peak: If you choose an accommodating pricing or time-of-use electricity plan, it will have different charges for optimum and off-peak use.
Service to Property: A fixed charge which is also called the 'daily supply charge'.
You can find out more details on understanding your gas and power bills at Energy Made Easy.
MJ: Gas energy consumption is measured in megajoules. A megajoule (MJ) is really a measure of gas comparable to one million joules.
Charge/kWh: Electricity usage is priced in cents per kilowatt hour, by way of example, 22.56 cents per kilowatt-hour (c/kWh). So if you have 20 kWh daily, it could cost $4.51 on a daily basis.
Peak and off-peak: If you choose an accommodating pricing or time-of-use electricity plan, it will have different charges for optimum and off-peak use.
Service to Property: A fixed charge which is also called the 'daily supply charge'.
You can find out more details on understanding your gas and power bills at Energy Made Easy.
- What are my alternatives for tariffs?
Flat rate: This is the most commonly encountered type. The same minute rates are charged for electricity consumed at any time on the day or night.
Time-of-use: This is where another price is charged as outlined by when the electricity is needed during the day. Time-of-use tariffs usually involve peak and off-peak pricing, which suggests users are charged less for electricity during 'off-peak' or low demand periods along with a higher rate for electricity used during sought after or 'peak' hours. You may not be eligible for time-of-use offers – consult with your retailer.
Flexible pricing: This is an extended 'time-of-use' tariff, with peak, shoulder and off-peak rates. New flexible pricing plans get some consumer-protections regarding them, unlike the older but still available 'time-of-use' plans.
Time-of-use: This is where another price is charged as outlined by when the electricity is needed during the day. Time-of-use tariffs usually involve peak and off-peak pricing, which suggests users are charged less for electricity during 'off-peak' or low demand periods along with a higher rate for electricity used during sought after or 'peak' hours. You may not be eligible for time-of-use offers – consult with your retailer.
Flexible pricing: This is an extended 'time-of-use' tariff, with peak, shoulder and off-peak rates. New flexible pricing plans get some consumer-protections regarding them, unlike the older but still available 'time-of-use' plans.
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