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The Wise Edit

Energy · 5 min read

How to read your electricity bill without needing a highlighter

The four parts worth knowing before you compare plans.

Electricity bills can look busier than they need to. Start with your billing period, total usage, supply charge and usage rate.

Your supply charge is generally a daily amount for staying connected. Usage charges reflect the electricity consumed, often measured in kilowatt-hours.

When comparing, use the same usage assumptions and check discounts, benefit periods and conditions—not only the largest number on the page.

Keep in mind

This article contains general information. Check current product details and consider your circumstances before choosing.