Understanding your energy bill
In these money and eco aware times it is becoming increasingly important to save both money and energy in a variety of aspects of your life. Your home, and in turn your energy bills are a great place to cut some of the cost and also the size of your carbon footprint.
Unfortunately, whilst these bills contain an
absolute wealth of information about not only your usage but also
your energy rates they are not always the easiest to understand.
Of course, not all electricity bills will look
exactly the same and you may have to know where your energy provider
of choice places each section however ultimately just by
understanding the basics of each section you will be on your way to
being able to interpret the information that you are sent.
Billing Period
Here you will find what dates your utility
company has taken readings on your meter. You will find that that
these dates will around the same time each month, although at times
there may be some slight variations.
Amount owed
This is probably the first thing you are likely
to look at when you receive your bill. After all it shows exactly
what you need to pay. This charge is calculated using the two dates
that you will find detailed in your billing period. The difference
between these two amounts is multiplied by your energy rate and this
creates your charge.
Average Usage
This section is probably one of the most useful
when it comes to understanding your energy usage at home. They may be
presented to you in a daily average or perhaps a monthly average but
both will show your peak points. Of course during winter months
energy usage is often higher than during the summer but you might
also find out other factors that attribute to the amount of energy
that you use.
Energy Rates
Here you will see your current applied energy
rates. This may be split into peak and non-peak hours with the
non-peak hours generally being cheaper than the peak hours. The
reason behind this is because the grid that provides the energy is
not used as much during the non-peak hours meaning that a lesser rate
can be charged (encouraging people to use more energy at these
times).
Knowing whether or not you are being charged
dependant on the time you use the energy can lead you to making some
cuts and saving money. Examples of this can be to only use tumble
dryers during the night rather than when you get home.
So there you have it, a brief, yet informative
guide to understanding your energy bill. Why not take some time to
see what you can understand from your next one. You might be
surprised by the money that you can save.
Of
course, making changes to your energy use can come from a variety of
different directions. One great way is with window films, just like
the ones that you can get from www.arcwindowfilms.co.uk.
So
make sure that you take the time to look into the different ways that
you can make a difference to your energy bill and save yourself some
money!