How is my electric bill calculated?

LCEC, or Lee County Electric Cooperative, typically calculates your electric bill based on several key factors, primarily your usage of electricity measured in kilowatt-hours, also known as kWh. Each month, LCEC reads your electric meter to determine how much electricity you have consumed during that billing period. The electric bill will usually start with the basic charge, which covers the cost of delivering electricity to your home, maintaining the infrastructure, and providing customer service. Then, the total kilowatt-hours used is multiplied by the current rate per kilowatt-hour established by LCEC. This rate may vary depending on several factors, including the time of year, peak usage times, and any seasonal pricing adjustments. In addition to the basic charges and energy usage charges, LCEC may also impose additional fees or surcharges that may be applicable to your account. These can include taxes, environmental fees, or other regulatory charges. Finally, if you are enrolled in any energy efficiency programs or have incentives that affect your bill, these will also be reflected on your monthly statement. Overall, the total on your electric bill results from the combination of consumption, fees, taxes, and applicable rates. For the most accurate and detailed information regarding your electric bill calculation, it is advisable to refer to the information available on the current LCEC web page.