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Electricity Facts Label (EFL)
4CHANGE ENERGY Budget Saver 12
Counterpoint Service Area
Issue Date: February 12, 2016,
Average Monthly Use
Average Price per electricity
PriceOther Key Terms
and Questions500
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01
To fill out the average price per kWh, follow these steps:
02
Gather your electricity bills for a specific period of time (e.g., a month or a year).
03
Calculate the total cost of electricity for the given period by summing up the costs mentioned on the bills.
04
Determine the total energy consumed for the same period. This information can usually be found on the bills as well.
05
Divide the total cost by the total energy consumed to get the average price per kWh.
06
Round the result to a desired number of decimal places if necessary.
07
That's how you can fill out the average price per kWh.
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01
Average price per kWh is useful for various individuals and entities, including:
02
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03
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These are just a few examples of who might need the average price per kWh. The information can be beneficial to anyone interested in understanding and analyzing electricity costs.
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What is average price per kwh?
The average price per kilowatt-hour is the average cost of electricity per unit of energy consumed.
Who is required to file average price per kwh?
Electricity providers and utility companies are required to file average price per kilowatt-hour.
How to fill out average price per kwh?
To fill out average price per kilowatt-hour, providers need to report the total revenue and total electricity sold for a specific period.
What is the purpose of average price per kwh?
The purpose of average price per kilowatt-hour is to monitor and regulate electricity prices to ensure fair market practices.
What information must be reported on average price per kwh?
Providers must report total revenue, total electricity sold, and calculate the average price per kilowatt-hour.
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