Understanding Your Power Bill
A comprehensive guide to help you understand your electricity bill, including common charges, terms, and how to read your meter.
Basic Components of Your Power Bill
Fixed Daily Charge
A set amount charged each day for connection to the power network, typically ranging from $0.70 to $1.50 per day.
Variable Usage Charges
The cost per kilowatt-hour (kWh) of electricity used, usually between 25-35 cents per kWh.
Network Charges
Fees from your local lines company for maintaining the power infrastructure.
Reading Your Meter
Smart Meters
Digital meters that automatically send readings to your provider, showing real-time usage.
Legacy Meters
Older meters that need manual reading, showing cumulative usage in kilowatt-hours.
Understanding Your Usage
Peak vs Off-Peak
Different rates for electricity used during high-demand (peak) and low-demand (off-peak) periods.
Seasonal Variations
How your usage typically changes between summer and winter months.
Common Charges Explained
| Charge Type | Typical Range | Description |
|---|---|---|
| Fixed Daily Charge | $0.70 - $1.50 per day | Basic connection fee |
| Variable Rate | 25¢ - 35¢ per kWh | Usage-based charge |
| Network Charge | $15 - $30 per month | Lines company fees |
| Metering Fee | $5 - $15 per month | Meter reading and maintenance |
Tips for Reviewing Your Bill
- Check your bill's due date and payment options
- Compare current usage with previous months
- Look for any unusual spikes in consumption
- Verify that all discounts are applied
- Keep track of your average daily usage
Ready to Compare Power Plans?
Now that you understand your power bill, see if you could save by switching providers.