Current Light Flashes
The official voice of West Florida Electric Cooperative:
President's Column: Understanding Your Monthly Residential Utility Bill
We all want to know and understand what we're paying each month on our utility bills. I'm breaking it down to help you understand the terms used on West Florida Electric Cooperative's (WFEC) monthly billing statements.
At the top of your bill, it identifies your account number, name on the account, rate, class, phone number, location number, meter number, your service from date to date, number of days during your service period, previous to present meter reading, the multiplier, kilowatt hours used (kWh) and your total charges for the billing period. Charges are based on the kilowatt hours used during the service period, the wholesale power cost adjustment, and additional taxes and fees depending on where the meter is located (county, city, town). The co-op also charges a monthly base rate to provide power/service to each meter.