BILL TERMINOLOGY
Account Number: A billing account number is assigned to each location where a member has established service with SPEC.
Rate: This places you into a customer rate class based on residential/commercial and single or three phase service along with peak use or demand.
Meter Number: Identifies the meter at this service location for which you are being billed
Service Address: This is a short description of what is using electricity at this location.
Service From: This is the date your meter was read for the last billing period.
Service To: This is the date you meter was read in this billing period
No. Days: This is the number of days in the current billing cycle.
Bill Type: There are several different types of SPEC bills. On the back of your bill is a list of the various types and one will match the code listed on your bill.
Previous: This is for the reading made at the beginning of this billing period.
Present: This is for the reading made at the end of the billing period.
Multiplier: If your meter records your use using a multiplier, it will be indicated here.
KVA: This a also called "demand." If your service is multi-phase you will also be charged a demand charge and you will have a meter which will measure your peak demand during the period. Most residential members will not see demand charges on their bills.
KWH Use: This is the Present reading minus the Previous reading to equal total kWh purchased during the billing period.
Energy: Your rate plus the power cost recovery factor for the billing period.
Customer Charge: The base charge for your electric service.
KWH Uses 1 Year Ago: This amount lets you compare your kWh use with your use 1 year ago to help you better monitor and manage your energy use.
Total Amount Due: The amount due for each meter
Due Date: This is 16 days after the printing day of the bill. After this date, the bill is considered delinquent.
Billing Date: Date the bill was printed.
Total Due: This is for the total amount due for electric service purchased during this billing period plus any outstanding balances.
The Comparison Table Included on Your Bill: This table is designed to help you better manage your energy use. It lists the number of days in the billing cycle, the kWh used, the average kWh per day and the cost per day for your current billing period, the previous billing period and for the sam period last year. This information can help you monitor and manage your energy used
Security Lights: You will only see this if you are being billed for a security light. It covers the energy portion of the light. While the actual electric consumption is in the Power Cost Recovery Factor.
Balance Forward: The amount unpaid from the previous bill that was still outstanding at the time your bill was printed. This amount is past due and should be paid immediately if not already paid when you receive our bill.
Levelized Billing : After twelve months of service, you may be eligible for our levelized billing program where each month you pay the average bill for the most recent twelve months. Contact SPEC's billing department for more information.
Paying your Bill |
