Rate Information on Utility Bills (Text Version)

This is the text version of the Rate Information on Utility Bills video. This quick tutorial examines important pieces of a utility bill.

[Screen zooms into top left corner of utility bill and highlights Electric High Tension Service >500kW.]

This corresponds to the rate's official name in the Utility Rate Database. Looking at rates in the database for PECO Energy Co., we see that the entry for "High Tension Power (HT)–Class 4" corresponds to the rate information on this bill.

[Screen highlights @ $.05863 and then highlights 320,654 kWh.]

The facility paid about 6 cents per kilowatt hour of electricity and used 320,654 kilowatt hours during this billing period.

[Screen highlights 320,554 kWh X -0.00074 and -237.28 in top right corner of bill.]

The facility receives a small energy discount of 0.074 cents per kilowatt hour of energy used during the billing period.

[Screen highlights 570 kW X 4.89000 and 2,787.30 in top right corner of bill.]

The facility also pays a demand charge for peak energy consumed during the billing period. They pay $4.89 per kilowatt during their peak demand and consumed 570 kilowatts at this peak.

[Screen scrolls down to 522kW X 1.17000 and 610.74 in top right corner of bill.]

The facility pays an additional demand charge for energy efficiency and transmission programs managed by this utility.

[Screen zooms out to whole bill and highlights the numbers just examined.]

These energy and demand charges can be input into REopt manually, or REopt can pull all this information automatically from the URDB using the official rate name.

[Screen highlights Total Current Charges of $23,391.41 and Current Month Period and 320,654 Usage.]

The facility's average or "blended" utility rate can be calculated by dividing the total paid by the total energy (kwh) consumed during this billing cycle.