How to Figure Your Residential Electric Bill

Base Rate

Customer Charge:                     $5.37
Energy Charge:
  The First 500 KWH               $0.06107
  The Next 1000 KWH            $0.05370
  All Over 1500 KWH             $0.04965
Minimum is Customer Charge

Example

Suppose you used 2000 KWH

1. Your bill would start with the $5.37 customer charge.
2. Your first 500 KWH would be multiplied by $0.06107, which would be $30.54
3. Your next 1000 KWH would be mulitplied by $0.05370, which would be $53.70
4. The remaining 500 KWH would be multiplied by $0.04965, which you be $24.83
5. Your base cost would be the total of these charges plus sales tax, which $121.31.

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