Tiered Rate - Black & Decker EM100B Instruction Manual

90539499 01 EM100B.qxd 7/7/08
05 DETERMINE BILLING MODE AND BILLING RAT E
Tiered Rate Billing – Example
If you have tiered billing, you are charged an initial rate for an initial amount of power, or
tier; then a higher rate if you exceed that initial amount. Your billing plan may have sev-
eral tiers.
You will need to determine the rate and threshold for each billing tier. Refer to the exam-
ple below:
Example of a three-tier billing plan
Similar information will be available from your utility; call or consult their web site if this
information is not on your bill.
Power consumption,
kWh
(kilowatt-hours)
If your total
consumption is
2700 kWh...
Threshold 2
2300 kWh
Threshold 1
1300 kWh
Three rates, two thresholds
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...you will be
billed for:
400 kWh at the
highest rate
1000 kWh at the
middle rate
1300 kWh at
the lowest rate
Example bill for this three-tier billing plan:
E L E C T R I C B I L L
Besides the
Generation charges per kWh
cost of the
Generation charges per kWh
electricity
Generation charges per kWh
itself, your bill
may have
Transmission charges per kWh
additional
Transmission charges per kWh
charges, fees,
Transmission charges per kWh
and taxes
that are
Public benefits fees per kWh
linked to your
Public benefits fees per kWh
amount of
Public benefits fees per kWh
consumption
TOTAL CHARGES
The lowest rate is the
The middle rate is the
Tier 1 rate.
Tier 2 rate.
Add all the Tier 1
Add all the Tier 2
charges to get a total of
charges to get a total of
$0.075/kWh.
$0.16/kWh.
Multiply by 100 to get
Multiply by 100 to get
7.5¢/kWh.
16¢/kWh.
The Tier 1 threshold is
The Tier 2 threshold is
1300 kWh.
1300 kWh + 1000 kWh
= 2300 kWh.
For this example, you would record your billing data in the form like this:
RECORD YOUR BILLING RATES AND THRESHOLDS HERE
BILLING RATE
7.5
Tier 1 ¢/kWh
16
Tier 2 ¢/kWh
24
Tier 3 ¢/kWh
Tier 4 ¢/kWh
Tier 5 ¢/kWh
Tier 6 ¢/kWh
1300 kWh X $.0500 $ 65
1000 kWh X $.1000 $100
400 kWh X $.1500 $ 60
1300 kWh X $.0200 $ 26
1000 kWh X $.0500 $ 50
400 kWh X $.0700 $ 28
1300 kWh X $.0050 $ 6.50
1000 kWh X $.0100 $ 10
400 kWh X $.0200 $ 6
$351.50
The highest rate is the
Tier 3 rate.
Add all the Tier 3
charges to get a total of
$0.24/kWh.
Multiply by 100 to get
24¢/kWh.
There is no threshold
for Tier 3.
THRESHOLD
1300
kWh
2300
kWh
kWh
kWh
kWh
- - -
kWh
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