Electric Tariff Test: Can You Calculate an Energy Bill?

Understanding your electric tariff is paramount to knowing how to calculate your electric bill. And calculating your electric bill is not as easy as multiplying your kWh rate * your usage.

We’ve posted a Duke energy tariff below and sample invoice. See if you can figure out what the total billed amount should be. The below information is all you need to arrive at the correct answer. The answer is posted at the bottom of the post, (no peeking).

North Carolina Industrial Service Tariff
Duke Energy Invoice

 

Click here to see the correct amount you should have calculated.  

 

 

 

 

 

 

Related Articles

Utility tariff in electricity bill

In the U.S. there are regulated and deregulated energy markets — and inside of these markets are different tariffs that[...]

bigstock High voltage Power Lines Ele 268545103

If you are like most organizations you think that there’s not much that you can do about your electric bill.[...]

Commercial utilities are a major expense for all businesses, yet, it’s difficult to understand how these utilities are actually priced[...]