{"id":20721,"date":"2023-06-26T16:32:32","date_gmt":"2023-06-26T21:32:32","guid":{"rendered":"https:\/\/electricityexpress.com\/?p=20721"},"modified":"2025-04-09T17:01:30","modified_gmt":"2025-04-09T22:01:30","slug":"are-you-paying-fair-electricity-rates","status":"publish","type":"post","link":"https:\/\/electricityexpress.com\/en\/are-you-paying-fair-electricity-rates\/","title":{"rendered":"Are You Paying Fair Electricity Rates?"},"content":{"rendered":"
\"Fair

Find the Truth<\/p><\/div>\n

Fair electricity rates? This summer in Texas came quickly and hard, at the same time, our energy bills are around the corner and will skyrocket. With this heat, it\u2019s time to look for a new energy company.<\/p>\n

How to choose the correct energy company and Fair Electricity Rates?<\/h2>\n

Many of us are with an electricity company and hooked to a contract for several months to go. We accepted that contract to keep the energy rate rising, however, how do you know if your energy company is charging you what they offered? Often, I hear the customers say; \u201cmy energy company is ripping me off\u201d, \u201cThis electricity bill is not true\u201d or (this is the best one) \u201cHow can I get charged this much for electricity if I\u2019m never home\u201d, \u201cI\u2019m not paying for Fair Electricity Rates\u201d.<\/p>\n

With all this complaining, I urge you to learn how to read your electricity bill, you don\u2019t need to know all of it, just the totals. Total to pay, total usage and you can come up with your electricity rate. With that said, you can determine if your electricity rate is not what you sign-up for or if your energy usage is out of hand.<\/p>\n

Calculate your real electricity rate in a flash. Know if you are paying fair electricity rates.<\/h3>\n

Many of us don\u2019t really know how to read our energy bills<\/a>, the energy bills are very confusing, you don\u2019t really need to pay attention to all details. For fear of that, here is the simple formula to get to the reality of things.<\/p>\n

AD \/ U = R<\/strong><\/p>\n

Where (AD) Amount Due is divided by (U) Usage which equals (R) Rate<\/p>\n

With this formula, you can see almost exactly what is your electricity rate. Keep in mind that the taxes have nothing with the electricity rate. So, to be more precise, you can deduct the taxes from the total amount due.<\/p>\n

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Try this formula with your own energy bill<\/p><\/div>\n

For this example; your electricity bill is $300, and you used 1000 kilowatts, which means that your electricity rate is 30 cents per kilowatt hour.<\/p>\n

In the event that you see discrepancies in what you signed up for when you started your energy contract with the current electricity company, consider the chance to break your current electricity contract.<\/p>\n

Things to consider to cancel your current electricity contract<\/strong><\/p>\n