How does Duke Energy calculate my electricity usage and bill?

Duke Energy determines your electricity usage and bill using a combination of meter readings and established rates. Each customer is assigned a utility meter that measures the amount of electricity consumed in kilowatt-hours, known as kWh. This meter plays a critical role in the billing process. Typically, Duke Energy conducts monthly readings of this meter to record the total amount of electricity used during the billing period. The data gathered from your meter reading is then compared to the previous month’s reading to calculate your total electricity consumption. For example, if your meter shows that you used 1,200 kWh in a month, that figure represents your total usage for that billing cycle. In addition to the kWh consumed, the total bill is influenced by the electricity rates that Duke Energy has set for the specific pricing plan you are on, which can vary based on factors such as the time of day, seasons, or special offers. Duke Energy's website provides detailed information about these rates and any changes that might apply. After determining your total usage and applying the relevant rates, Duke Energy also factors in any additional fees or charges, such as delivery charges or taxes, to arrive at the final amount due on your bill. It is important for customers to regularly monitor their usage patterns and bills. Doing so may help in identifying any potential issues or discrepancies. Customers can also take advantage of various online tools and resources provided by Duke Energy to better understand their consumption habits. For more specific inquiries regarding rates or your bill, looking at the information available on Duke Energy's website can be quite helpful.