SRP Bill Terms And How To Read A Residential Electrical Bill
It may look ridiculous but the number of people who don’t know how to read the SRP energy bill is alarming. It is even more ridiculous that a lot of people don’t understand the energy bill terms used. Knowing these terms is essential for every homeowner. Here are some common and yet important terms that you need to know. Monthly service charge The monthly service charge is a fixed charge that you pay every month. The charge covers the collections, the costs for billing, customer services metering and distribution facilities. Energy Charge The energy charge is normally in kWh and it is a variable charge that covers the cost to produce or buy the electricity consumed during the period of the billing service. It also covers the cost of supplying the essential transmission, distribution and generation capacity to meet the needs of the customer. The actual charge to the customer will vary from month to month depending on the amount of energy used. However, you can pu