How to Read Your Bill
Here's how to find out what you're paying now for electricity, and other useful information about your bill. You will still be billed by your utility after you switch electric suppliers. No new bill, just a lower rate.
Vital Information (What you need to know to switch)
- Generation Charges - The key charge, what you're paying for electricity itself. If you switch, this is what you'll be buying from a new supplier.
- Account Number (or customer number) - Keep this handy, as you'll need it to switch. No change after you switch suppliers.
Useful Information (This will help you shop and compare)
- Price to Compare - Some utilities list this on the bill, some don't. It's the price you are paying for generation and transmission portion on your bill. You can use it for direct comparison to different suppliers' pricing.
- Usage Information - A breakdown of how much electricity you've been using, usually broken down month-by-month, year-to-date, and compared to last year. This is useful in estimating how much you'll save by switching.
- Customer Charge - a monthly flat fee from your utility for providing service.
- Transmission Charge - charges for long distance transmission of the electricity you've used.
- Distribution Charge - charges for local delivery of the electricity you've used
- State Tax Adjustment - a charge or credit for changes in State taxes.