A, Meter Multiplier, Code: Internal billing information.
B, Billed Demand: Owen Electric's residential rates do not currently incorporate a "demand component;" this is blank.
C, Kilowatt Hours: New meter reading (present) minus the last meter reading (previous). This is the total amount of energy (kWh) consumed during the billing period.
D, Charges: The first line item includes the energy charges (kilowatt hours x $0.08362) in addition to the monthly meter charge of $20.67.
E, Fuel Adjustment: The fuel adjustment clause helps recover costs associated with fuel sources required to generate the energy you use. This value will be applied to the kilowatt hours you consumed to get the final calculation. This value will fluctuate from month to month, and all money collected is paid directly to our wholesale power supplier, East Kentucky Power Cooperative.
F, Environmental Surcharge: The environmental surcharge is collected on behalf of our wholesale power supplier. It's associated with the cost to manage emissions and install the equipment necessary to be compliant with federal regulations. It is calculated by applying the environmental surcharge percentage to bill's subtotal (for example, 12.260% x 56.94). The environmental surcharge percentage fluctuates monthly.
G, Local School Tax: This is collected on behalf of your local school district.
H, City Franchise Tax: This is collected on behalf of your local city, but some cities have not passed any such ordinance. Depending on your service location, you may not see this line item on your bill.
I, Previous Amount Due: Shows any previous unpaid balances on the account.
J, Thank You For Your Payment(s): Reflects any credits from recent payments.
K, Total Amount Due: Current account balance.
L, Comparisons: Historical energy data.
M, Cycle, Rate, Class: Internal billing information.
N, Telephone Number: This is the telephone number we have on file for your account; please update your contact information it if it is not correct.
O, Current Bill Due: Due date; please pay by this day in order to avoid penalties.
P, Bill Message: Review this section each month for information about programs, offerings and updates.