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Electric Bill

March 13, 2024

What is an Electric Bill?

An electric bill is the invoice presented to a local utility’s customer for the cost of consumed electricity over a set period of time. Electric bills are typically issued on a monthly basis and are considered an ongoing subscription.

How to Read Your Electric Bill

Your electric bill will be broken down into two charges: supply and delivery. The electricity rate will affect the price of both of these services so your monthly payment can fluctuate greatly as the rate changes.

Supply Services

The supply services strictly refer to amount of electricity your property consumed over the given period. It is the amount that you demand from energy generation facilities.

Delivery Services

Delivery services refer to the energy traveling to your property from its origin. This service is broken down in various ways and the total charges are often similar to the cost of supply.

electric bill breakdown example