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
Hiluckey Solar Charger 25000mAh Portable Solar Power Bank Waterproof Battery Packs with Dual Ports Solar Phone Charger for iPhone, Samsung, iPad, etc
Hiluckey Solar Charger 25000mAh Portable Solar Power Bank Waterproof Battery Packs with Dual Ports Solar Phone Charger for iPhone, Samsung, iPad, etc
1,089 Reviews
  • 25000mAh High Capacity: Built-in high-quality 25000mAh lithium polymer battery pack, With solar charging function, you don't need to worry about running out of power, It can fully charge your iPhone, Samsung for 10+ times; iPad, Kindle for 4+ times.
  • 4 Times Solar Energy Conversion: With 4 foldable highly efficient solar panels converted solar power into battery energy fastly, it charges by solar with 5W power and 1A input current, which is 4 - 6 times faster than the other solar chargers which only has single panel.
  • 2.1A Dual USB Ports: Dual USB ports offer 2.1A high speed charging and enable you to charge 2 devices simultaneously, Compatible with all phone models. Intelligently detects and matches the output current to protect it from over-current, over-voltage, over-heated and short circuit via built-in IC chip.
  • Design for Outdoor Activity---- It has 9 built-in bright Led lights can be used as emergency light with 3 modes (Normal /SOS /Strobe). Meanwhile, The ports are protected by cover, making them waterproof, shock and dust. Great choice for camping trips or other outdoor activities.
  • Best Service----30 days money back and 1 year guaranty, 24h-online customer service, please feel free to contact us for any question. What you get: Hiluckey 25000mAh Portable Solar Charger, a micro USB cable, User Manual.
Bestseller No. 2
Solar Charger 25000mAh, FEELLE Portable Solar Power Bank Dual USB Ports Waterproof External Battery Suitable for iPhone,iPad,Samsung,Android Smartphones etc
Solar Charger 25000mAh, FEELLE Portable Solar Power Bank Dual USB Ports Waterproof External Battery Suitable for iPhone,iPad,Samsung,Android Smartphones etc
238 Reviews
  • Huge Capacity: FEELLE 25000mAh Grade A Backup Battery charges an iPhone X/8 above 10 times, 7 above 11 times, iPhone 6s up to 11 times, a Galaxy S8 9 times, S7 up to 6 times, an iPad Mini above 3 times.
  • 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 needs about 25-30 hours to be fully charged by solar energy.
  • 2 USB Ports with Highest Speed: Equipped with dual smart identify USB output ports (5V 2.1A / 5V 1A), 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: FEELLE 25000mAh solar charger, Micro USB cable, Instruction manual. We offer 30 days Money back, 18 months warranty, friendly replace policy and customer service. If you have any questions, please contact us in time.
Bestseller No. 3
Solar Charger,Dizaul 5000mAh Portable Solar Power Bank Waterproof/Shockproof/Dustproof Dual USB Battery Bank for Cell Phone,iPhone,Samsung,Android Phones,Windows Phones,GoPro Camera,GPS and More
Solar Charger,Dizaul 5000mAh Portable Solar Power Bank Waterproof/Shockproof/Dustproof Dual USB Battery Bank for Cell Phone,iPhone,Samsung,Android Phones,Windows Phones,GoPro Camera,GPS and More
553 Reviews
  • Made of eco-friendly silicone rubber and ABS + PC material, and with rubber paint surface process.
  • Football grain design has anti-skid protecting effect.Water resistant design ensures the device functions smoothly when it's raining; Shock-proof feature ensures the device work properly even it crashes or drops.
  • With the free hook included, you may hang it on your backpack for long flights, road trips, hiking, camping, or such, handy to carry and charge by solar.
  • The USB ports are well protected by rubber caps, to further keep them away from water and safe to charge smartphones, tablets, or any other 5V USB-charged devices.
  • Solar energy technology,environmental friendly and could recharge itself under sunshine for emergency use;Due to the limited surface of the solar panel,so it only have 1.2W input solar panel,so it takes about 30 Hours to make the solar power bank fully charged under direct sunlight,so it is recommended to charge by wall charger,which only takes about several hours.
Bestseller No. 4
Solar Charger 15000mAh Portable Power Bank with 2.4A Outputs Weatherproof for iPhone, ipad, Samsung, Smart Phones and Outdoor Camping
Solar Charger 15000mAh Portable Power Bank with 2.4A Outputs Weatherproof for iPhone, ipad, Samsung, Smart Phones and Outdoor Camping
518 Reviews
  • 15000mAh Capacity: Built-in grade A Li-polymer battery, it can charge an iPhone 8 over 5.5 times, Samsung S7 over 3.5 times and an iPad MINI 4 over 2 times. You can take it to the airplane.
  • Solar Powered: It can auto charge itself via sunlight. When you are outdoors, you can hang it on your backpack to absorb the solar power while walking.
  • 2.4A Dual Output: It can charge two devices simultaneously at an current up to 2.4A, which means a 2000mAh phone can be fully charged in 1-1.2 hours or a 5000mAh tablet can be fully charged in 2.8-3 hours.
  • Portable Size: As same as iPhone 8 plus' size, built-in LED flashlight with SOS mode; The USB ports are protected by the silicone cover, waterproof and dustproof.
  • What Will You Get : 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,a hook and Micro USB cable
SaleBestseller No. 5
Solar Charger 24000mAh, FEELLE Solar Power Bank with 3 Solar Panels Waterproof Portable Battery Charger for iPhone, iPad, Smart Phones
Solar Charger 24000mAh, FEELLE Solar Power Bank with 3 Solar Panels Waterproof Portable Battery Charger for iPhone, iPad, Smart Phones
404 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.
Bestseller No. 6
Solar Charger,Yelomin 20000mAh Portable Outdoor Waterproof Mobile Power Bank,Camping External Backup Battery Pack Dual USB 5V 1A/2A Output 2 Led Light Flashlight with Compass for Tablet iPhone Android
Solar Charger,Yelomin 20000mAh Portable Outdoor Waterproof Mobile Power Bank,Camping External Backup Battery Pack Dual USB 5V 1A/2A Output 2 Led Light Flashlight with Compass for Tablet iPhone Android
351 Reviews
  • High Quality Portable Solar Charger - Made of durable and reliable ABS+PC+Silicone material,protects it from rain, dirt and shock / drops.intelligent security protection,avoid over-current, over-voltage, over-load and short circuit,etc. Solar phone charger, featured with compass and 2 bright LED flashlight. Awesome for outside activities such as camping, hiking and other emergency use.
  • Compatible with Multiple Devices - Compatible with your iPhone, Samsung, HTC, Nexus, Go-pro Camera, Tablets and other USB devices. More than 900+ recharge lifecycle. Solar Charging Travel Power bank with Flashlight / Carabiner, Very reliable and durable.Solar power bank provides more convenience in your daily or in your trip.
  • Convenient Smart Express Charge - The solar powered charger has dual USB and powerful LED light.Makes it easy to charge two smartphones simultaneously or a tablet at full speed . 2 led lights can be used as flashlight with Steady-SOS-Strobe mode. Five pilot indicators indicate the status of battery charger timely. Green light on when charging by solar, blue light on when USB charging.
  • Warmth Tips - Solar charging is a charging way for emergency use, and solar panel charging efficiency will be influenced by natural conditions and random factors, such as day and night,season winter and summer,geographical latitude and height above sea level, sunny, cloudy, rainy, and and so on. It's subject to sunlight intensity and panel conversion rate, which may take long time to charge.External battery charger with solar panel can recharge by solar or outlet.
  • Best Warranty for Solar Charger - 12 months Warranty,Note: Solar charging is limited,mainly for topping off the unit,please fully charge it by USB cable before travelling or hiking.
SaleBestseller No. 7
Solar Charger,Kiizon 25000mAh Portable Solar Power Bank Waterproof External Battery Powerd Pack Dual 2.1A USB Port,Solar Phone Chargers with Flashlight for iphone,android,cell phone,Electronic Devices
Solar Charger,Kiizon 25000mAh Portable Solar Power Bank Waterproof External Battery Powerd Pack Dual 2.1A USB Port,Solar Phone Chargers with Flashlight for iphone,android,cell phone,Electronic Devices
212 Reviews
  • 25000 mAh Solar Power Bank: When you don't have electricity you can charge it with the sun, when you do you can charge it with a Micro USB ca-ble. 25000 mAh battery is enough to charge cell phones 7-8 times. Per-fect for backpackers and campers, as well as for times when your home's power is knocked out by a storm or other emergency situation.
  • 2.1A, Dual USB Output: You can charge two devices at the same time. . With 2.1A output, you can charge two phones or one tablet at their best charge speed. When the devices are fully charged, the charger turns off automatically.
  • Powerful LED Flashlight & SOS:The built in LED light can be used as a flashlight or for emergency lighting at nignt. Two modes: steady and SOS;4 LED pilot lights for battery level indication (25%, 50%, 75%, 100%) and power type indication( Green light flashing when charging via sunlight, blue light when charging via electricity).Press the power switch twice to turn on / off the LED.
  • Fully Protected: The charger is protected against rain, dust and shock and the Intelligent Protection System effectively prevents your devices from overcharge, overcurrent and short circuits as well as conform to CE, RoHS, and FCC specifications.
  • 100% Risk Free Purchase: Providing you with the friendliest customer service is our number one goal. This is why we offer you a 100% Money Back Guarantee in case our solar charger does not live up to your expecta-tions. So what are you waiting for?! Scroll back up and click Add to Cart.
Bestseller No. 8
Hiluckey Portable Solar Charger 24000mAh Solar Power Bank Waterproof External Backup Battery with 3 Solar Panels Compatible with Smartphones Tablets
Hiluckey Portable Solar Charger 24000mAh Solar Power Bank Waterproof External Backup Battery with 3 Solar Panels Compatible with Smartphones Tablets
97 Reviews
  • 24000mAh High Capacity: Built-in high efficiency lithium polymer battery pack,Hiluckey Solar Charger Power Bank has high capacity of 24000mAh. It can fully charge your iPhone, Samsung for 8-10 times; iPad, Kindle for 3-4 times.
  • Larger Panels and Fast Charging: This solar power bank is equipped with 3 solar panels, making it charge itself quickly in sunlight, which is 3 - 5 times faster than the other solar chargers, suitable for hiking, camping and other outdoor trips.
  • Waterproof Dual USB Output: Dual USB ports which offer 2.1A high speed charging and allow you to charge 2 devices on the same time. Detects the current of access devices to match the best output, safely protecting your devices from overcurrent, overvoltage, short circuit, etc. The ports are protected by cover, making they are durable and waterproof.
  • 9 Bright LED Lights: It has 9 built-in bright Led lights can be used as emergency light with 3 modes (Normal /SOS /Strobe). Waterproof, dust and shock design is the great choice for camping trips or other outdoor activities.
  • Warranty: 30 days money back, 1 year guaranty. Any questions, please feel free to contact us, our friendly and reliable customer service team will reply you within 24 hours!
SaleBestseller No. 9
Hiking Power Bank, Wilress Solar Charger 10,000mAh External Battery Pack Type C Input Port Dual Flashlight, Compass (Splashproof, Dustproof, Shockproof, Solar Panel, DC5V/2.1A) (Light Blue, 10000mAh)
Hiking Power Bank, Wilress Solar Charger 10,000mAh External Battery Pack Type C Input Port Dual Flashlight, Compass (Splashproof, Dustproof, Shockproof, Solar Panel, DC5V/2.1A) (Light Blue, 10000mAh)
1,017 Reviews
  • 【Qi WIRELESS & SOLAR POWER CHARGER】NEWEST 10,000mAh power bank especially for outdoor enthusiasts. More than portable solar power bank but qi portable charger as well compatible with iPhone XR/ XR MAX/ XS/ X/ 8/ 8plus, Samsung Galaxy S9/S9plus S8/S8plus and all qi-enabled devices. Truly cable-free and tangle-free.
  • 【FRIENDLY REMINDERS ON SOLAR POWER】The solar power bank itself can be charged via power outlet(micro usb and type C input port) and sunlight. Yet its recommended to take the solar charging feature as the emergency back-up solution instead of main power sources. It's difficult to produce intensive power via sunlight due to sunlight intensity and panel conversion rate.
  • 【EXTENSIVE TESTED CHARGING TIMES】The charging times of BLAVOR solar power wireless charger have been extensively tested. Itself can be fully recharged around 6hours with 5V/2A adapter, It can charge iphone7plus up to 2.2times, iPhone X up to 2.3times, iphone8 up to 3.5times. Best choice for resources of emergency power.
  • 【STURDY DURABLE AND COMPACT SIZE】The wireless power bank is made of premium ABS fireproof materials and premium lithium polymer battery, highly sturdy and durable. IPX4 Splash proof, Dustproof, Shockproof. Its equipped with USB and type C ports, two flashlights and a compass kit. Light weight and compact size. NOTE: Type C port is used for charging the solar power bank, not for charging your phone, its an input port not a output one!
  • 【BLAVOR QUALITY GUARANTEE & BRAND DECLARATION】BLAVOR offers 100%money-back guarantee and timely & considerate customer services, eliminating all your worries about getting this wireless solar power bank. PLEASE NOTE: BLAVOR is the exclusive seller and manufacturer of the solar power bank. Be careful about other counterfeits and we are not responsible for products sold by other sellers. Please make sure you buy it only from BLAVOR.
Bestseller No. 10
Power Bank Solar Portable Charger 24000mAh - PLOCHY Solar Phone Charger with 3 Fast Charging USB Port and Dual Input External Battery Pack Compatible with Cellphones,Android Phones,Tablet and More
Power Bank Solar Portable Charger 24000mAh - PLOCHY Solar Phone Charger with 3 Fast Charging USB Port and Dual Input External Battery Pack Compatible with Cellphones,Android Phones,Tablet and More
84 Reviews
  • 24000mAh Huge Capacity - It can fully charges an iPhone 9 times, a Samsung Galaxy S7 6 times, a 9.7-inch iPad Pro 2.2 times and other smartphones multiple times.
  • Dual Input - No matter whichever cable you are carrying, you can recharge the power bank with either the attached micro-USB cable or your own cable.
  • Quick Charging Technology - Highest charge output through 3 USB ports (5V / 2.4A ,5V / 2.4A and 5V / 2.4A) providing enough power to charge three devices simultaneously,so you can share it with your family or friends.
  • Charge Anytime Under the Sun - Light and portable battery bank charges whenever it's sunny thanks to the wide solar panel. (Note: Please do not take solar as primary recharge source, as the charging speed will subject to sunlight intensity and panel conversion rate)
  • What You Get - PLOCHY Solar Charger 24000mAh, Micro USB Cable, User Guide and 24-month warranty and friendly customer service.


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 2019-09-15 at 20:31 / Affiliate links / Images from Amazon Product Advertising API