How to Figure Your Residential Electric Bill

Base Rate

Customer Charge:                     $5.84
Energy Charge:
  The First 500 KWH               $0.06644
  The Next 1000 KWH            $0.05843
  All Over 1500 KWH             $0.05402
Minimum is Customer Charge

Example

Suppose you used 2000 KWH

1. Your bill would start with the $5.84 customer charge.
2. Your first 500 KWH would be multiplied by $0.06644 which would be $33.22
3. Your next 1000 KWH would be mulitplied by $0.05843 which would be $58.43
4. The remaining 500 KWH would be multiplied by $0.05402 which you be $27.01
5. Your base cost would be the total of these charges plus sales tax.

Tracker

In addition to the Base Rate charge there is a rate adjustment based upon the cost of purchased power. This can be a positive or negative figure. Because this changes every three months, it is not used in the example. We call this the tracker