And for those of you who just got the card recently, this is a quick way to meet the $1000 spending requirement to get your extra $200 cash back. It may be worth it to prepay for as much natural gas and electricity as you could afford to lay out money for in order to collect this bonus, which far exceeds the fees or any interest you would earn keeping the money in a savings account. For National Grid, there is a maximum payment amount of $600 (but I suppose you could charge the maximum more than once and pay the fee each time). The payment (and fee) is collected by a third party payment processor, so I suspect you may be able to pay more than your bill amount because they probably don't know how much you owe at the time they accept your payment. But if you charge a large amount, the fee ends up a very low percentage of your payment. Where I live in Brooklyn, NY, I normally would not pay my natural gas (National Grid) and electric (ConEd) bills by credit card because there is a fee of $2.25 and $4.75, respectively. As you can see, when the “Community Net Metering” adjustment is applied to their bill, they save a substantial amount of money.Quote from: David R on March 16, 2012, 04:50:18 AM Until March 31, 2012, you get 5% back on utilities. Below is a sample bill from someone who signed up for a community solar. states are encouraging people to sign-up for these programs, each subscriber receives energy credits on their existing utility account, which lowers your energy cost by a guaranteed 10% each month. Today, virtually anyone can subscribe to a portion of a solar farm located in their city or county through platforms like Common Energy and connect a clean energy supply directly to their utility.īecause a number of U.S. Perhaps the most accessible way for businesses, homeowners, or renters to reduce their electricity bills and reduce their carbon footprint is through community solar programs. Additionally, many homes do not have roofs that meet the solar panel regulations. However, for many, the up-front costs for installations can be too costly. For example, you can install solar panels on your roof. You can also reduce your supply charges by substituting the dirty energy supply from your utility with clean energy. By reducing the electricity you consume, you don’t just save money, you also prevent carbon emissions and help the environment. You can also update old appliances so they are Energy Star efficient, hang clothes on the line versus using your dryer, or opt to use a fan instead of air conditioning. For example, you could reduce the kWh you use by always remembering to turn off your lights when you leave home. There are a number of ways you can reduce your supply charges on the supply portion of your bill. 10 for each kWh, you would pay $0.10 to use a light every 10 hours. This means it would take 10 hours for the light to consume 1 kWh of energy. Your electricity company charges you based on how much electricity you use per kWH. The electricity your home or business consumes is measured in units called kilowatt-hours (kWh). Every few months or once per year, the utility may apply to a public regulator to increase this fee. (See an example of this section of your electricity bill below.)Īs a fixed charge, this amount stays the same each month, regardless of how much electricity you use. The fixed monthly connection charge or “basic service charge” is what the utility charges you to have your home connected. Let’s break down each of these components for a typical National Grid bill, so you can understand what each section of your bill means. These components are: (1) a fixed, monthly connection charge (2) a supply charge (3) a delivery charge and (4) miscellaneous taxes and fees. In general, there are four components to any electricity bill. This will help you understand how you use energy, how much you pay for your electricity, as well as identify ways you can lower your electricity bill. In this post, we are going to take you step by step in how to read and understand your electricity bill. This is completely normal, because electricity bills are very confusing! Many people have questions about their electricity bill.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |