How is your bill calculated?
This is an example of how a typical residential electric bill is calculated:
Usage is calculated by reading the meter every month
- Present Reading – Previous Reading = That month’s kWh usage
Other charges are calculated using the kWh usage
- kWh Usage x kWh rate = Energy Charge (in $)
- kWh Usage x Energy Cost Adjustment = ECA Charge (in $)
- kWh Usage x Debt Cost Adjustment = DCA Charge (in $)
The availability charge is a fixed monthly charge
- Availability Charge = Availability Charge (in $)
These charges are added together to get the subtotal
- Availability + Energy + ECA + DCA = Subtotal (in $)
Taxes are calculated and added
- State Tax Rate
- County Tax
You are left with the total bill for this billing period.
What will your bill total be next month?
Want an idea of what your bill total will be next month? Use our online bill estimator to give you a hint. Log on to your account at ebiz.craigheadelectric.coop and click on Bill Calculator in the left menu. Enter the current reading on your meter and the estimator will tell you the charges that have been accumulated so far this month. Enter the Projected Reading to give you an estimate of what the total bill will be at the end of the billing period.
What is in your electric bill?
The electric bill is the primary point of contact between a member and their cooperative. Knowing what each item in your bill means helps you to be an informed member and consumer.
Click on the green icons to learn more about that section of the bill.
If you ever have a question about your bill, contact us and we will be happy to assist you.