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ELECTRICAL ENERGY. Old style Residential Electric Meter.

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Presentation on theme: "ELECTRICAL ENERGY. Old style Residential Electric Meter."— Presentation transcript:

1 ELECTRICAL ENERGY

2 Old style Residential Electric Meter

3 New electronic Residential Electric Meter

4 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$ 0.077 / kWh MID peak$ 0.114 / kWh ON peak$ 0.14 / kWh

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6 DELIVERY Network & Connection$ 0.0113 / kWh Distribution Charge -Regulated Price Plan $ 0.00874 / kW

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8 COST OF ELECTRIC ENERGY We buy electrical energy by the kilowatt hour (kWh) 1 kW = 1000 W or 1 W = 0.001 kW Price of Electricity is about 15 cents/kilowatt hour or 0.15 $/kW∙h

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

10 DateDeviceWattage of device (kW) Time Used (hours) Kilowatt hours of Energy (kW∙h) Operating Cost ($) (Price $0.15/ kW h) 0.192152.880.432 Fridge.72572052278.3 Gaming Station


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