Know Your Electricity Bills
Energy bills can sometimes seem a little overwhelming. But at AYKA Solar, our aim is to make the complex simple and help our customers navigate the energy conversation in terms they understand. Our Bill Explainer is one such step to ensure you understand all the components making up the price of energy and your bill.
How to read your bill
Here’s a quick guide to the information you’ll find on your bill:
- Billing Period: February 1, 2024, to April 30, 2024 (90 days)
- Total Amount Due: $180.17 (including GST)
- Bill Due Date: May 23, 2024
- Plan: Flexi Plan (Home)
1. Energy Charges:
Peak Consumption: The time of day when the demand for electricity is at its highest. This usually happens during the morning and evening when people are using more electricity at home, like cooking, heating, or cooling their homes. During these peak times, electricity can be more expensive because the demand is higher.
Total Usage(kWh) | Charges per kWh | Amount |
Period 1 (Feb 1 – Mar 31,2024) | ||
39.287 | 0.36674 | $14.41 |
Period 2 (Apr 1 – Apr 30, 2024) | ||
220.087 | 0.36674 | $80.71 |
Total 1 | $95.12 |
2. Supply Charge: The fixed daily fee you pay to your energy provider for being connected to the electricity network. This charge covers the cost of maintaining the energy infrastructure, like poles, wires, and pipelines, regardless of how much energy you use. It’s like a basic fee just for having access to electricity at your property.
Days | Charges per Days | Amount |
Period 1 (Feb 1 – Mar 31,2024) | ||
60 | $1.19 | $71.41 |
Period 2 (Apr 1 – Apr 30, 2024) | ||
30 | $1.19 | $35.71 |
Total 2 | $107.12 |
3. Demand Charges: The part of your electricity bill based on the highest amount of electricity you use at one time. Unlike regular charges, which depend on the total energy you use over time (measured in kilowatt-hours, kWh), demand charges are based on the peak power usage, usually measured in kilowatts (kW).
Days | Usage(kW) | Charges | Amount |
Summer Period (Feb 1 – Feb 29, 2024) | |||
29 | 1.292 | $0.14 | $5.35 |
Summer Period (Mar 1 – Mar 31, 2024) | |||
31 | 0.266 | $0.14 | $1.18 |
Winter Period (Apr 1 – Apr 30, 2024) | |||
30 | 1.98 | 0.050006 | $2.97 |
Total 3 | $9.50 |
4. Discount:
- Additional Flexi Plan Discount: 15% of the current charges.
- Discount Amount: Total Charges * 15%
= $211.74 * 15% = $31.77
5. GST:
- GST: $16.36 (included in the total charges)
Total Current Charges After Discount =
Total Charges – Discount Amount = $211.74 – $31.77 = $179.97
Total Amount Due:
- Current Charges: $179.97
- Balance Carried Forward: $0.20 (from the previous bill)
- Total Amount Due: $180.17
