ELECTRICAL ENERGY. Old style Residential Electric Meter.

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Presentation transcript:

ELECTRICAL ENERGY

Old style Residential Electric Meter

New electronic Residential Electric Meter

Residential Electricity Rates Valid November 1, 2014 to April 30, ELECTRICITY COSTS All eligible customers have transitioned to the Time of Use Regulated Price Plan*Time of Use Regulated Price Plan OFF peak$ / kWh MID peak$ / kWh ON peak$ 0.14 / kWh

DELIVERY Network & Connection$ / kWh Distribution Charge -Regulated Price Plan $ / kW

COST OF ELECTRIC ENERGY We buy electrical energy by the kilowatt hour (kWh) 1 kW = 1000 W or 1 W = kW Price of Electricity is about 15 cents/kilowatt hour or 0.15 $/kW∙h

Total Cost = Price x Number of kilowatt hours Total Cost = (0.15 $/kW h) x 24 kWh Total Cost = $3.60

DateDeviceWattage of device (kW) Time Used (hours) Kilowatt hours of Energy (kW∙h) Operating Cost ($) (Price $0.15/ kW h) Fridge Gaming Station