User guide

3
Determine Your Billing Mode
5
Find a recent electricity bill and determine which of the following two billing modes your
electricity supplier is applying to your account. Then, write the appropriate value(s) in
the box(es) provided as a quick reference that you can use when you are ready to perform
Step 7 - Set Your Billing Rates.
If you have trouble determining your electricity rate(s), please contact
your electricity supplier directly!
Single (Flat) Rate and Tiered Rates
Your bill shows a single value in cents per kilowatt-hour (¢/kWh) or more than one
value in ¢/kWh for increasingly higher consumption thresholds.
EXAMPLES:
➢
SINGLE (FLAT) RATE
$0.063/kWh
You are paying 6.3 ¢/kWh at all times.
➢
TIERED RATE
1200 kWh @ $0.063/kWh and
1369 kWh @ $0.075/kWh
You consumed 2,569 kWh in total,
paying the first 1,200 kWh at the rate
of 6.3 ¢/kWh and the following 1,369 kWh
at the higher rate of 7.5 ¢/kWh.
Instructions:
In the table to the right, enter the rate(s)
and threshold(s) that are reported on your
electricity bill.
NOTE: The PowerCost Monitor system allows
for up to six different rates. If you pay a single
rate, simply write it down in the RATE 1 box
for reference purposes and ignore the rest of
the table.
RATE THRESHOLD
1 6.3 ¢/kWh 1200 kWh
2 7.5 ¢/kWh kWh
RATE THRESHOLD
1 6.3 ¢/kWh kWh
RATE THRESHOLD
1 ¢/kWh kWh
2 ¢/kWh kWh
3 ¢/kWh kWh
4 ¢/kWh kWh
5 ¢/kWh kWh
6 ¢/kWh kWh
Time-based
Your bill shows two or three rates associated with various times of day and days
of the week. Study the example below carefully, and determine:
a) whether you are being charged on a two-rate basis, meaning that you are charged
normal (OFF PEAK) and peak (ON PEAK) rates, or on a three-rate basis, where
you also pay an intermediate rate (MID PEAK).
b) what your rates are;
c) at what time(s) of the day the rates change; and
d) whether your company charges you any other rate than OFF PEAK during weekends.
EXAMPLE:
➢
OFF PEAK 342 kWh @ $0.063/kWh
➢
MID PEAK* 399 kWh @ $0.069/kWh
➢
ON PEAK** 988 kWh @ $0.075 /kWh
MID/ON PEAK applies Mon to Fri.
* MID PEAK Periods: 9:30 AM to 4:20 PM
and 7:00 PM to 11:00 PM
** ON PEAK Periods: 6:10 AM to 9:30 AM
and 4:20 PM to 7:00 PM
Instructions: Looking at your electricity bill, and following the example to
the left, fill out the table below with the rates and times of the day that apply to
your situation.
The information from this example is illustrated in the table below, indicating
that from Monday through Friday only, you pay:
1) 7.5 ¢/kWh from 6:10 AM to 9:30 AM;
2) 6.9 ¢/kWh from 9:30 AM to 4:20 PM;
3) 7.5 ¢/kWh again from 4:20 PM to 7:00 PM;
4) 6.9 ¢/kWh again from 7:00 PM to 11:00 PM; and finally
5) 6.3 ¢/kWh from 11:00 PM until 6:10 AM the next day.
OFF PEAK rate
¢/kWh
MID PEAK rate
¢/kWh
ON PEAK rate
¢/kWh
MID/ON PEAK rates
apply on weekends?
Yes
No
TIME SLOT START TIME RATE TYPE
1
:
AM ON PEAK OFF PEAK
PM MID PEAK
2
:
AM ON PEAK OFF PEAK
PM MID PEAK
3
:
AM ON PEAK OFF PEAK
PM MID PEAK
4
:
AM ON PEAK OFF PEAK
PM MID PEAK
5
:
AM ON PEAK OFF PEAK
PM MID PEAK
6
:
AM ON PEAK OFF PEAK
PM MID PEAK
OFF PEAK rate
¢/kWh
MID PEAK rate
¢/kWh
ON PEAK rate
¢/kWh
MID/ON PEAK rates
apply on weekends?
Yes
No
TIME SLOT START TIME RATE TYPE
1
:
AM ON PEAK OFF PEAK
PM MID PEAK
2
:
AM ON PEAK OFF PEAK
PM MID PEAK
3
:
AM ON PEAK OFF PEAK
PM MID PEAK
4
:
AM ON PEAK OFF PEAK
PM MID PEAK
5
:
AM ON PEAK OFF PEAK
PM MID PEAK
6
:
AM ON PEAK OFF PEAK
PM MID PEAK
6.3
6.9
7.5
✓
6 10
9 30
4 20
7 00
11 00
✓
✓
✓
✓
✓
✓
✓
✓
✓
✓