Understanding your electric bill

understanding your electric bill
Understanding your electric bill

How much do you actually pay for electricity?  Clever marketing and creative writing on your electric bills have created a myth of electric rates such as 9 or 10 cents per unit of electricity. “I pay just 9 cents per kWh for electricity.” Are you a happy camper thinking you have a great deal from your electric company?  You might actually be paying far more than that. Get the low down on “Understanding your electric bill”.

Your electric bill has two elements; Delivery and Supply. Some companies show them as Supply and Generation.  The 9 cents price of electricity usually refers to the amount you pay for Supply or Generation. The electric utility companies conveniently forget to mention that you also have to pay for Delivery of electricity. The delivery charge adds another 5 to 12 cents to the bill.  Different markets have different pricing structures. New Jersey home owners pay between 15 and 22 cents per KWH of electricity and not 9 cents as many would have you believe. The average rates of electricity in different states in the US are shown in the map below. The only consistent way to reduce your electric bill is to go solar. Read how much do solar panels save on electricity? to find out how much you can save. The solar panel output calculator will also be a useful tool.

Understanding my electric bill - rates

Another industry secret – your electric utility prices change from month to month. You will notice that you get your highest bills during summer when you use your Air Conditioning a lot. Similarly all electric homes which heat using electricity get very high bills in the peak of winter.  Customers have become used to these high bills as they co-relate high usage to high bills. However, what you don’t know is that utility companies tend to charge you higher rates during those peak months of summer and winter. Not only are you using more power, but you are also paying more.

How to read your electric bill kWh?

Lets look at the electric bill in a little more detail. This bill below shows a usage of 718KWH for the month at a cost of $139.45 ( look at the two items in blue circles).  The actual electric rate charged for this month was 139.45 / 718 =  19.4 cents.  This is quite normal in New Jersey. The items circled in red show you the two components of your electric bill: Delivery and Generation. The charges for delivery and generation added up to $139.45.

how to read electric bill kWh
Understanding your electric bill : Supply Delivery

Understanding your electric bill 1

understanding my electric bill
Understanding your electric bill : Third Party

Some electric companies show the same thing as Delivery and Supply. Lets look at the bill below. The blue circles show the utility billed the customer for 489 kWh of electricity for the month. The total amount payable was $88.74.  Hence the effective electric rate was $88.74 / 489 kWh = 18.4 cents per kwh.

 

Understanding your electric bill 2

Third Party Electric Suppliers add another layer of complexity to your electric bill. Look at the green arrows in the two bills shown above. Utility companies allow you to choose a third party for your Supply/Generation service.  You can either have your utility company provide both Delivery and Supply/Generation or you could choose a third party like Viridian Energy or BGS Energy as you can see in the two bills shown above.

BUYER BEWARE : Third party suppliers gives you short term savings but they usually tend to charge more after the initial honeymoon period.  Keep a close watch on what the third party is charging you.  If you are not careful, you might end up paying more than what the utility charges for supply. In my opinion it is best to stay away from third party suppliers of electricity.

Another term you might see in a bill is called Demand. Demand chargers are normally associated with commercial accounts. They don’t normally show up in a residential bill. They are fixed charges which the utility determines based on peak usage of power by the commercial user. These charges are notoriously difficult to reduce.

understanding your electric bill 2
understanding your electric bill – switch to solar

If you are looking to reduce your electric bill ; the best option is switching to solar power. You can read more about it on the “How much do solar panels save on electricity bills?” article as well as the sdffd article.

Switching to solar eliminates both the Delivery and the Supply/Generation charges from your utility company. A properly designed solar system will reduce your electric bill to an average of $5 or less per month in total. See the example on the left. A caveat, demand charges are not affected by solar and will continue to appear on your electric bill even after switching to solar power.

Understanding my electric bill

Now that you have a good understanding your electric bill, you might like to check out this “solar panel savings calculator” as well. If you are tired of understanding your electric bill, and of kWh and demand and supply and generation perhaps you would like to be entertained by these great looking portable solar chargers.

Portable solar chargers : value for money and great for the environment

Bestseller No. 1
25000mAh Solar Charger ADDTOP Portable Solar Power Bank with Dual 2.1A Outputs Waterproof External Battery Pack Compatible Most Smart Phones, Tablets and More
25000mAh Solar Charger ADDTOP Portable Solar Power Bank with Dual 2.1A Outputs Waterproof External Battery Pack Compatible Most Smart Phones, Tablets and More
400 Reviews
  • 25000mAh SOLAR CHARGER: Provides large battery backup for usage during outdoor activities. The power bank can charge iPhone 6 around 10 times, Samsung S6 around 7 times and iPad Air around 3 times on a full recharge.
  • 4 FOLDABLE SOLAR PANELS: This Portable Solar Charger is handheld sized, which looks a slightly larger than iphone X when fold. It can absorb more solar energy than ordinary solar charger when unfold.
  • FAST CHARGING: Dual USB output ports can charge 2 devices simultaneously up to 5V/2.1A with Quick Charge. Auto-stop when the phone is full charged. This helps protection against over-heating & over-charging situations.
  • EMERGENCY LED LIGHTS: The solar power bank equipped bright LED light, works perfectly in darkness, ideal for outdoor trips or emergency events. Easy to carry, you may hang it on your backpack for traveling, hiking, camping.
  • 12 MONTHS WARRANTY: We offer 12 months replacement and refund warranty. Note: ADDTOP is the exclusive seller and manufacturer of the solar charger. If someone sell this solar charger at a very low price, which is a scam attempt and they won't send anything to you. We are not responsible for products sold by other sellers. Please make sure you buy it only from ADDTOP!
SaleBestseller No. 2
SOARAISE Solar Charger 25000mAh Portable Power Bank with 2 USB Output Waterproof Battery Pack Compatible with Most Phones, Tablets and More
SOARAISE Solar Charger 25000mAh Portable Power Bank with 2 USB Output Waterproof Battery Pack Compatible with Most Phones, Tablets and More
553 Reviews
  • 25000mAh Capacity: It consists of Li-polymer cells, as large as iPhone 8Plus which can charge most phones over 10 times and tablets at least 3.4 times., meeting your 10-day travel needs.
  • 4 Times Solar Panels: Solar Power is 5W, quickly charging the phone simutaneously when the solar charger itself is being charged in sunlight, which is 4-5 times faster than the single-panel chargers. (support wall charger).
  • 2.1A Dual USB: Controlled by intelligent IC, it matches various phone models. You can quickly charge your phone and tablet at once. Most phones can be fully charged around 1- 1.5h, tablet is about 2.5 hours.
  • Outdoor Necessity: With built-in super bright LED emergency lights and waterproof, dust and shock construction, It can last for more than 5 years, meeting the various electricity needs of outdoor travel.
  • After-Sales Services : We offer an 18-month warranty and 60 days FULL refund. If you have any questions, please feel free to contact us. The package includes solar charger, user manual, and Micro USB cable.
Bestseller No. 3
Solar Charger 25000mAh, Hiluckey Outdoor Portable Power Bank with 4 Solar Panels, Fast Charge External Battery Pack with Dual 2.1A Output USB Compatible with Smartphones, Tablets, etc. (Waterproof)
Solar Charger 25000mAh, Hiluckey Outdoor Portable Power Bank with 4 Solar Panels, Fast Charge External Battery Pack with Dual 2.1A Output USB Compatible with Smartphones, Tablets, etc. (Waterproof)
1,296 Reviews
  • 25000mAh High Capacity: Built-in 25000mAh Li-polymer battery, it can charge your phones 8-10 times or tablets 3-4 times for an average of 9 days of usage per charge.
  • 4 Solar Panels: With 4 foldable high-effeciency solar panels, up to 1A input current under the sunlight, which is 4 - 6 times faster than the other solar chargers. You can also use micro USB cable to charge it.
  • Dual USB 2.1A Output: Dual 2.1A USB ports allow you to charge 2 devices simultaneously with 2.1A high speed charging. Auto-detect your devices' current to pair the optimal output.
  • Built for Outdoors: Rugged construction is dust, shock and waterproof; Built in LED flashlight with SOS mode, perfert for outdoor emergency.
  • What You Get: Hiluckey 25000mAh Portable Solar Charger, a micro USB cable, User Manual; 12-Month Warranty and 30 days money back. Any question, please feel free to contact us first.
Bestseller No. 4
Nekteck 21W Portable Solar Panel Charger, Waterproof Camping Gear Solar Powered Charger with 2 USB Port for iPhone X/8 Plus, Samsung Galaxy s9/s8,iPad, Tablet and Any USB Devices
Nekteck 21W Portable Solar Panel Charger, Waterproof Camping Gear Solar Powered Charger with 2 USB Port for iPhone X/8 Plus, Samsung Galaxy s9/s8,iPad, Tablet and Any USB Devices
645 Reviews
  • 【High-Efficieny】The high-efficiency of its three solar Monocrystalline panels cell is based on SunPower Maxeon technology, that allows them to reach 21%-24% of conversion efficiency while providing enough power (up to 2.0A max per port or 3.0 A max overall)
  • 【Advanced Smart IC Chip Technology】 Microchip support to detects the electronic devices plugged into the USB ports for fast charging two phones simultaneously under safe conditions as well as the prevention of overheating
  • 【Portable and Foldable】The 6.3x 11.1x 1.06 inch (when folded ) small size and 17.3-ounce design that can easily squeeze in your backpack offers portability and simplicity, and the attachment hook makes it ideal for connecting to a backpack while you’re on the hiking or walking around town
  • 【Dualable Design】The canvas surface and precision stitching withstand rugged for outdoor use and the PET polymer cover that guarantees IPX4 waterproof level protection will make the panels resistant to water and even dust
  • 【Package & Warranty】Nekteck 21W Solar Charging Panel, 2.6ft(80cm)Micro USB Cable, User Manual and 18 Month Worry-free Warranty
SaleBestseller No. 5
Solar Charger 20000mAh, Qi Wireless Portable Solar Power Bank External Backup Battery, 3 Output Ports, 4 LED Flashlight, Carabiner, IP54 Rainproof for Camping, Outdoor Activities
Solar Charger 20000mAh, Qi Wireless Portable Solar Power Bank External Backup Battery, 3 Output Ports, 4 LED Flashlight, Carabiner, IP54 Rainproof for Camping, Outdoor Activities
755 Reviews
  • 【LARGE CAPACITY】Built in Eco-friendly 20000mAh Li-Polymer battery, work with all iPhone/iPad/Tablets, other cell phones and electronic devices. Automatically adjust the output power to deliver the optimal charging current keep your devices from overcharging, over-current, over-voltage and short circuit. Ideal choice for hiking, camping trips or other outdoor activities.
  • 【Qi Wireless & 3 High Output Ports】The Qi portable solar charger compatibles with iPhone 11/11 Pro/11 Pro Max/XS Max/XR/XS/X/8/8Plus/Samsung Galaxy S10/S9/S9+/S8/Note 9 and all qi-enabled devices. Built-in 2 USB output and 1 Type-C output, allowing you safe to charge for 4 electronic devices simultaneously.
  • 【Cable and Solar Charging Combine 】Dual input port (Type-C and Micro USB) enables to fully charge itself around 6-8 hours with the high-speed. The solar panel could absorb light and transfer into electricity. Note: Solar charging is for emergency use, not primary charging source. It is highly recommend you fully charge via wall charger upon first use.
  • 【Multi-Use light & Protective Design 】The solar charger has bright flashlight with 3 modes(Steady-SOS-Strobe). The out case is made from durable ABS + PC material better protect battery from water, dust, crashes or drops. Awesome for outside activities such as camping, hiking, traveling and other emergency use.
  • 【Portable & User-Friendly 】Handy compact solar charger, holded like a smart phone. You can put it in backpack or even your pocket while charging your phone. With the free carabiner included, you can easily hang on backpack and hands-free for long flights, road trips, hiking, camping, or such, handy to carry and charge by solar.
SaleBestseller No. 6
Solar Charger 24000mAh, Portable Phone Charger External Battery Pack Backup Charger, High-Speed 5V/2.1A Tri-USB Output Ports, Flashlight, IPX5 Rainproof for Camping, Travel, Emergency
Solar Charger 24000mAh, Portable Phone Charger External Battery Pack Backup Charger, High-Speed 5V/2.1A Tri-USB Output Ports, Flashlight, IPX5 Rainproof for Camping, Travel, Emergency
328 Reviews
  • 【24000mAh High Capacity】Built in Eco-friendly 24000mAh Li-Polymer battery, work with all iPhone/iPad/Tablets, other cell phones and electronic devices. Automatically adjust the output power to deliver the optimal charging current keep your devices from overcharging, over-current, over-voltage and short circuit. Ideal choice for hiking, camping trips or other outdoor activities.
  • 【Solar Charging & USB Input Port】This portable charger has high speed Micro USB port(5V/2A) which supports to full charge itself in 6-8 hours. Support Solar energy technology which could recharge itself under sunshine. Note: Solar charging is for emergency use, not primary charging source. It is highly recommend you fully charge via wall charger upon first use.
  • 【3 Output Ports Charging】Built-in three USB output ports allow you to safe charge 3 electronic devices simultaneously with 5.V/2.4A(Max) high-speed charging, provide you with more charging options and fast charging needs than most other similar power banks, sharing the juice with your family and friends.
  • 【Design for Outdoors】The outer case is made from durable ABS material better protect battery from rain, dust, crashes or drops. Moreover, the built-in super LED emergency light can be used as a torch or emergency lighting in darkness. Simply press the power button twice to turn it on/off. Designed for outdoor enthusiasts.
  • 【Portable & What Your Will Get 】You will get 1*Solar charger, 1*Charging cable, 1*User Manual. With the compact size, you may take it with yourself for traveling, hiking, camping, long road trips as the emergency back-up solution.Timely & considerate customer services, any suggestion or complaint during uses, just contact us directly for solution.
Bestseller No. 7
Solar Charger 25000mAh, FEELLE Portable Solar Power Bank Dual USB Ports Waterproof External Battery with LED Flashlight for Smartphones, Tablets and More
Solar Charger 25000mAh, FEELLE Portable Solar Power Bank Dual USB Ports Waterproof External Battery with LED Flashlight for Smartphones, Tablets and More
385 Reviews
  • Huge Capacity: FEELLE Solar phone charger built-in 25000mAh High quality Li-Polymer battery, can charge most phone 8-10 times.
  • Foldable design and portable size so you can bring it anywhere. Larger Solar Panels: The solar charger can absorb more sunlight through the 4 solar panels, can be charged 4-5 times faster than other normal charger. It also can be charged by wall charger.
  • Dual 2.1A Output: Equipped with dual smart identify USB output ports , can charge 2 digital devices at the highest speed simultaneously. Perfect for Traveling, Camping and more outdoor activities
  • Multi-Protection: This back up charger provides IC protection for over-charging, over-discharging, over-voltage, over-current and short-circuit. USB ports are protected by silicone cover, makes it rainproof, shockproof and dustproof. Safe guarantee for your devices.
  • What You Get: We offer 30 days money back, 18 months warranty. It's a no-risk purchase. Feel free to contact us first if you have any question, we will reply you in 24 hours and try our best to solve your problem. Please note that the USB cable is putted in a small compartment hidden inside the box.
Bestseller No. 8
Tranmix Solar Charger 25000mAh Portable Power Bank with 4 Solar Panels 6W Power Phone Charger for Smart Phones, Tablets and Outdoor Waterproof
Tranmix Solar Charger 25000mAh Portable Power Bank with 4 Solar Panels 6W Power Phone Charger for Smart Phones, Tablets and Outdoor Waterproof
151 Reviews
  • 25000mAh Capacity: Built in Li-polymer cells. It can charge most phones 10 times, tablets 3.4 times, which can meet your 10 days travel, especially for outdoor enthusiast.
  • Solar Power: The power of 4 foldable solar panels is up to 6W. When the solar charger itself being charged by sunlight, it can charge your phone simultaneously.(Support wall charger)
  • Dual 2.1A Output: You can charge your 2 devices simultaneously with 2.1A high-speed charging. A 2000mAh phone can be fully charged in 1-1.5 hours and a 5000mah tablets is about 2.5 to 3 hours.
  • Built for Outdoors: As large as iPhone 8Plus, built-in super bright LED emergency lights and waterproof, dust and shock construction, it can be used last for more than 5 years.
  • After Sales Warranty: We offer 18-months warranty and Full refund 90 days policy. Any problems in using process, please feel free to contact us. The package include solar charger, user manual, and Micro USB cable.
Bestseller No. 9
SUAOKI Solar Charger 60W Portable Solar Panel Foldable for Suaoki/Enkeeo/Goal Zero Yeti/Webetop/Paxcess/ROCKPALS Power Station Generator and Laptop Tablet GPS iPhone iPad Camera
SUAOKI Solar Charger 60W Portable Solar Panel Foldable for Suaoki/Enkeeo/Goal Zero Yeti/Webetop/Paxcess/ROCKPALS Power Station Generator and Laptop Tablet GPS iPhone iPad Camera
90 Reviews
  • 【DESIGN FOR MOST POWER SUPPLY】compatible with most battery pack on the market, building up a Portable-Solar-Generator System together with Suaoki/Enkeeo/Goal Zero Yeti/Webetop/Paxcess/ROCKPALS power source. For smartphones and tablets(iPhone, iPad, Samsung Galaxy), GPS, digital cameras, etc. Ideally suited for outdoor life and even unexpected power outages.
  • 【UPGRADE CHARGING TECHNOLOGY】the solar panel charger generates 60W output with up to 20% high conversion efficiency under 4.0W Lux, providing enough power to charge two devices simultaneously; 5V USB and 18V DC dual output keep your USB/DC devices full of juice, without having to rely on a wall outlet, or a power bank, and brings you an unplugged lifestyle.
  • 【SUAOKI TIR-C TECHNOLOGY】foldable solar kit built smart IC for the USB port, maximizes its charging speed while protects your devices from over charging and overloading. The charging current of USB ports is monitored and automatically adjusted according to the sunlight level.
  • 【FOLD UP AS A BRIEFCASE】when folded, the solar power charger looks like a briefcase (11.5 x 6.3 inches) easy for transport; when unfolded (11.5 x 65.7 inches), it can hang on your RV, tent, or just spread out on the beach to gives you instant charge from sunlight.
  • 【WHAT'S INCLUDED】1*SUAOKI 60W Solar Panel, 1*Car Charger, 1*10-in-1 Connector Cable for Laptops, 1*SAE-to-Clamp for Storage Battery, 2*DC-to-DC Cables, 1*DC-to-SAE. 24-months product warranty backed with our friendly customer service available 7×24 hrs.
Bestseller No. 10
Solar Charger 24000mAh, FEELLE Solar Power Bank with 2 USB Ports Waterproof Portable External Battery Compatible with Smartphones, Tablets and More
Solar Charger 24000mAh, FEELLE Solar Power Bank with 2 USB Ports Waterproof Portable External Battery Compatible with Smartphones, Tablets and More
482 Reviews
  • 24000mAh Power Bank: Built in Eco-friendly 24000mAh Li-Polymer battery, the phone battery can fully charge an iPhone 6s for 10 times, iPhone 7 for 9 times, Samsung S7 for 5.5 times, ipad Air for 3 times.
  • Large Solar Panels and Fast Charging : Portable Solar charger with 3 highly efficiency solar panels, which could recharge itself expeditiously, which is 3 - 5 times faster than the other solar chargers.
  • Waterproof USB Output: Dual charging ports which offer 2.1A high speed charging allow you to charge 2 devices simultaneo. The USB ports is waterproof, shockproof and dustproof, perfect for outdoor activity .
  • LED Use:The solar charger has bright flashlight with 3 modes(Steady-SOS-Strobe), Awesome for outside activities such as camping, hiking, traveling and other emergency use.
  • 100% Warranty: 30 days money back, 12 months warranty. Feel free to contact us if you have any question, we will reply you in 24 hours.


After

Understanding your electric bill

Now, lets look at what else is possible with solar. Check out these articles. Thank you for visiting MySolarHome.us.

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Last update on 2019-11-17 at 20:50 / Affiliate links / Images from Amazon Product Advertising API