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What Factors Affect the Price of an Electric Bill?

Malcolm Tatum
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Updated: May 17, 2024
Views: 8,847
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There are a number of factors that go into the overall price of an electric bill. Some have to do with usage while other factors are focused more on the actual duration of the billing period and even how energy efficient various appliances around the home happen to be. For this reason, the process required to move a high electric bill to a lower monthly cost may require making a few changes in how energy is consumed.

One key factor that determines the amount of the monthly electric bill is the number of days in a billing period. Depending on the months involved in the billing period, anywhere between 28 and 31 days may be involved. The monthly balance due will be lower for periods that have fewer days, while the charges will be higher for those periods containing a greater number of days.

Another key factor has to do with the lifestyle of the household. To lower electric bill costs, identifying waste in the use of electrical power and taking steps to eliminate that waste will result in a lower monthly bill. Little things such as adjusting the thermostat so less energy is used in heating and cooling the home will make a difference. In like manner, small changes such as cooking several dishes at one time rather than individually will mean less energy used to operate an electric oven.

The energy consumption of major appliances in the home will also have a direct effect on the price of an electric bill. In general, older appliances that were not manufactured to be particularly energy efficient will drive up the cost of the bill. Gradually replacing the appliances with new models that are more energy efficient will have an impact on the total cost of the bill, helping to offset the replacement expense over time.

One final factor that often adds to the price of an electric bill is any ancillary charges that are currently allowed by governmental regulatory agencies. These will appear as line items on the bill detail, and will vary from one jurisdiction to another. Typically, the individual consumer has no control over these particular charges, although if enough consumers appeal to the agency charged with regulating utility costs, negotiations may take place between the agency and the electrical service provider that result in lowering those costs. For the most part, focusing on making lifestyle changes and replacing major appliances with models that are more energy efficient will provide results sooner rather than later.

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Malcolm Tatum
By Malcolm Tatum
Malcolm Tatum, a former teleconferencing industry professional, followed his passion for trivia, research, and writing to become a full-time freelance writer. He has contributed articles to a variety of print and online publications, including WiseGeek, and his work has also been featured in poetry collections, devotional anthologies, and newspapers. When not writing, Malcolm enjoys collecting vinyl records, following minor league baseball, and cycling.

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Discussion Comments
By backdraft — On Apr 01, 2012

Can anyone give me some practical and effective ways to lower my electric bill? I feel like it just keeps going up and up and I recently heard that they were going to raise the rates. I am pretty cash strapped right now and I am looking for any way to free up some money in my budget. I figure there must be a way to pay less for electricity without resorting to candle light. Any suggestions?

By ZsaZsa56 — On Mar 31, 2012

I have compact fluorescent light bulbs in every socket in my house but I have not really noticed a huge reduction in my electric bill. Maybe a few bucks each month but not really any significant savings.

I do not mind this because the bulbs last so long and I know that they are better for the environment. But one of the big selling points of these bulbs is the amount of money they claim that they can save you. It seems like you would need to be burning a thousand of them at once for the savings to really add up.

By tigers88 — On Mar 30, 2012

I am lucky because I live in St. Louis where we have very long, hot, sticky summers but I have been able to avoid turning on my AC the last two summers because my apartment stays naturally cool. This does wonders for my electric bill. I basically pay about twenty bucks every month of the year. With the AC on that number could go up four or five times.

My apartment stays so cool for a number of reasons. It does not get a lot of direct sunlight and stays dim inside during the day. My upstairs neighbor runs her AC and some of the cold air settles down to me through the floor boards. Finally, and most importantly, I have quality ceiling fans in the rooms I use most. Put them all together and it feels great inside even on the hottest summer days.

Malcolm Tatum
Malcolm Tatum
Malcolm Tatum, a former teleconferencing industry professional, followed his passion for trivia, research, and writing...
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