{"id":2166,"date":"2020-07-04T16:10:01","date_gmt":"2020-07-04T21:10:01","guid":{"rendered":"https:\/\/www.powermepronto.com\/?p=2166"},"modified":"2020-07-16T13:15:59","modified_gmt":"2020-07-16T18:15:59","slug":"how-to-calculate-your-true-electricity-cost","status":"publish","type":"post","link":"https:\/\/powermepronto.com\/en\/how-to-calculate-your-true-electricity-cost\/","title":{"rendered":"How to Calculate Your True Electricity Cost"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-1021\" src=\"https:\/\/www.powermepronto.com\/wp-content\/uploads\/2018\/09\/hiw03-300x217.jpg\" alt=\"\" width=\"300\" height=\"217\" srcset=\"https:\/\/powermepronto.com\/wp-content\/uploads\/2018\/09\/hiw03-300x217.jpg 300w, https:\/\/powermepronto.com\/wp-content\/uploads\/2018\/09\/hiw03-768x557.jpg 768w, https:\/\/powermepronto.com\/wp-content\/uploads\/2018\/09\/hiw03-1024x742.jpg 1024w, https:\/\/powermepronto.com\/wp-content\/uploads\/2018\/09\/hiw03.jpg 2003w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>There once was a story on an investigative news show that challenged a real-life brain surgeon and rocket scientist to read a phone bill.<\/p>\n<p>This was back when landlines were still the standard.<\/p>\n<p>&#8230;They couldn\u2019t do it!<\/p>\n<p>Ever feel the same with your electric bill?<\/p>\n<p>Some companies do make theirs hard to read. And the only reason for it is so you don\u2019t know how much you really pay.<\/p>\n<p>Any communication can be made simple and easy so practically any person can understand it.<\/p>\n<p>Learn how to read your energy bill so you don\u2019t get duped.<\/p>\n<p>And find out some surprising insights you may not already know even if you feel you understand how to read an electric bill:<\/p>\n<p><strong>1. The Most Important Thing: kWh Rate<\/strong><\/p>\n<p>The bottom line on any electric bill is what you pay for your true kWh rate. To get that number, you simply divide your total kWh used in a month by your electricity cost.<\/p>\n<p>Remember, you may have other utilities on the same bill like gas and water. Make sure not to include those numbers.<\/p>\n<p>Also remember to add in any fees you had to pay your electric company. Some try to charge you a very reasonable (or even ridiculously low) kWh rate. But then they increase what you actually pay with all sorts of absurd fees.<\/p>\n<p>These fees could be:<\/p>\n<ul>\n<li>Payment fees (simply for taking your payment)<\/li>\n<li>Up-front deposits<\/li>\n<li>Late fees<\/li>\n<li>Minimum usage fees<\/li>\n<li>Any other fees you find<\/li>\n<\/ul>\n<p>So the formula is:<\/p>\n<p>monthly electricity cost \u00f7 kWh = kWh rate<\/p>\n<p>According to<a href=\"https:\/\/www.electricchoice.com\/electricity-prices-by-state\/\" target=\"_blank\" rel=\"noopener noreferrer\"> April 2020 data<\/a>, the average national rate is 13.19 cents per kWh. And in Texas, the average consumer pays 11.36 cents per kWh.<\/p>\n<p>You should come up with a number close to 11.36 cents per kWh. If you don\u2019t, double-check your math and that you included additional fees you paid that month, if any.<\/p>\n<p><strong>2. Potential Confusion: How Many kWh You\u2019ve Used in a Month<\/strong><\/p>\n<p>Electric bills can get quite creative and different, depending on your REP.<\/p>\n<p>For example, your REP may bill you using a tiered billing structure. For example, say you use 989 kWh hours in a month.<\/p>\n<p>They might charge you one rate for the first 500 kWh. Then they may charge you a higher rate for kWhs 501 &#8211; 989.<\/p>\n<p>Your electric bill should show the number of kWhs used in each tier for the month.<\/p>\n<p><strong>3. What Can You Do with the Info You Get? <\/strong><\/p>\n<p>Once you know your true kWh rate, you have some choices to make:<\/p>\n<ol>\n<li>You can talk to your REP and possibly fire them if your rate is way too high<\/li>\n<li>If they have you trapped in a contract, take time to learn what you do that causes rates to increase so you can change your habits<\/li>\n<li>Google the ways you use electricity and how you might use it more efficiently<\/li>\n<li>Login to an online electricity usage monitoring software so you can see how you use electricity and learn how to be more efficient (if your REP provides one)<\/li>\n<li>Be happy with your rate if it\u2019s in a good range and simply accept it as-is<\/li>\n<\/ol>\n<p>Only you can decide what to do. But at least you now have the information so you have an accurate understanding of your electricity costs.<\/p>","protected":false},"excerpt":{"rendered":"<p>There once was a story on an investigative news show that challenged a real-life brain surgeon and rocket scientist to read a phone bill. This was back when landlines were still the standard. &#8230;They couldn\u2019t do it! Ever feel the same with your electric bill? Some companies do make theirs hard to read. And the &hellip; <a href=\"https:\/\/powermepronto.com\/en\/how-to-calculate-your-true-electricity-cost\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">How to Calculate Your True Electricity Cost<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1021,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-2166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Calculate Your True Electricity Cost - Pronto Power<\/title>\n<meta name=\"description\" content=\"\u00bfTe est\u00e1 estafando tu compa\u00f1\u00eda el\u00e9ctrica? \u00bfEst\u00e1s obteniendo un buen trato? 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