How to Read Your Bill

Sample Bill Layout and Description

Mouse over or click to see more information about each section of your bill.

Due Date - The date your payment can be received (by 4:30 p.m.) before you would incur a late fee. It is always 17 days from your Invoice Date. If the 17th day falls on a weekend or holiday, your due date slips automatically to the next business day. Total Due - The amount you owe your electric cooperative. Billing Period - The time period from previous meter reading to most recent meter reading, usually about 30 days. Invoice Date - The day your bill was printed and mailed. Your due date will be 17 days after this date. Previous Balance - The amount due from your previous bill. Payment Received - The amount your cooperative received from you (as of the time the bill is printed) for last month?s bill. Balance Forward - Equals Previous Balance minus Payment Received. Current Charges - Includes monthly Customer Charge, energy consumption charges for the current month and program charges for SharingChange, SharingChange+ and Green Power Switch. Adjustments - Typically credits you might be receiving. Miscellaneous Charges - Loan charges, meter set fees, etc. Message to Member - Monthly information from the cooperative to members. Be sure to take a look every month! Consumption History - A snapshot of your energy consumption over the last 13 months. Rate - Describes the rate classification for a particular meter. Most members fall in the residential rate classification. See the Residential or Business sections of this website for more rate information. Meter information - Includes meter number and previous and most recent meter readings. KwH usage - Total of kilowatt-hours consumed during the month. A kilowatt-hour is equal to 1,000 watts of power used for one hour, or the equivalent of ten 100-watt light bulbs used for one hour. Basic Service - While basic charges for power usage largely go straight to the Tennessee Valley Authority (TVA) to pay for electricity, the Basic Charge helps offset costs incurred by the cooperative itself. Day-to-day, unavoidable fixed costs such as those costs associated with meter reading (including equipment, employee and vehicle costs), bill rendering (including purchase, operation and maintenance of billing computer systems), bill delivery (bill printing and mailing)  and the distribution electrical grid facilities are offset with the Basic Service Charge. MTEMC has always collected a Basic Service Charge, as do all other electric utilities. Consumption - This charge is measured in kilowatt hours and represents the amount of energy consumed for the given billing period. MTEMC now includes TVA’s Fuel Cost Adjustment (FCA) in the consumption charge. FCA is a mechanism to help  TVA deal with volatile fuel costs and can be adjusted up or down monthly depending on global shifts in fuel costs, such as coal and natural gas, which are both used in the production of electricity. A member’s consumption is impacted by weather, appliance use, and the overall energy efficiency of your home or business. MTEMC has a variety of programs available to assist our members in reducing consumption if they are interested. Visit www.mtemc.com for more information or contact us at 877-777-9020. SharingChange - Member bills are rounded up to the next whole dollar amount and the change is set aside to benefit community causes. After Due Date - The amount you should pay if you are paying after your due date?it includes a late fee. Regulatory Law - MTEMC must abide by certain regulations governing utility practices, including enforcing timely bill payment on the part of its members. MTEMC?s members are responsible to the cooperative and the rest of its members to do their part in paying bills on time. Payment Coupon - Detach this portion of the bill to return with payment. Be certain the MTEMC address shows in the window. Payment Coupon - Detach this portion of the bill to return with payment. Be certain the MTEMC address shows in the window.

 

Due Date - The date your payment can be received (by 4:30 p.m.) before you would incur a late fee. It is always 17 days from your Invoice Date. If the 17th day falls on a weekend or holiday, your due date slips automatically to the next business day.

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Total Due - The amount you owe your electric cooperative.

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Billing Period - The time period from previous meter reading to most recent meter reading, usually about 30 days.

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Invoice Date - The day your bill was printed and mailed. Your due date will be 17 days after this date.

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Previous Balance - The amount due from your previous bill.

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Payment Received - The amount your cooperative received from you (as of the time the bill is printed) for last month?s bill.

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Balance Forward - Equals Previous Balance minus Payment Received.

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Current Charges - Includes monthly Customer Charge, energy consumption charges for the current month and program charges for SharingChange, SharingChange+ and Green Power Switch.

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Adjustments - Typically credits you might be receiving.

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Miscellaneous Charges - Loan charges, meter set fees, etc.

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Message to Member - Monthly information from the cooperative to members. Be sure to take a look every month!

     back to top

Consumption History - A snapshot of your energy consumption over the last 13 months.

     back to top

Rate - Describes the rate classification for a particular meter. Most members fall in the residential rate classification. See the Residential or Business sections of this website for more rate information.

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Meter information - Includes meter number and previous and most recent meter readings.

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KwH usage - Total of kilowatt-hours consumed during the month. A kilowatt-hour is equal to 1,000 watts of power used for one hour, or the equivalent of ten 100-watt light bulbs used for one hour.

     back to top

Basic Service - While basic charges for power usage largely go straight to the Tennessee Valley Authority (TVA) to pay for electricity, the Basic Charge helps offset costs incurred by the cooperative itself. Day-to-day, unavoidable fixed costs such as those costs associated with meter reading (including equipment, employee and vehicle costs), bill rendering (including purchase, operation and maintenance of billing computer systems), bill delivery (bill printing and mailing) and the distribution electrical grid facilities are offset with the Basic Service Charge. MTEMC has always collected a Basic Service Charge, as do all other electric utilities.

     back to top

Consumption - This charge is measured in kilowatt hours and represents the amount of energy consumed for the given billing period. MTEMC now includes TVA?s Fuel Cost Adjustment (FCA) in the consumption charge. FCA is a mechanism to help TVA deal with volatile fuel costs and can be adjusted up or down monthly depending on global shifts in fuel costs, such as coal and natural gas, which are both used in the production of electricity. A member?s consumption is impacted by weather, appliance use, and the overall energy efficiency of your home or business. MTEMC has a variety of programs available to assist our members in reducing consumption if they are interested. Visit www.mtemc.com for more information or contact us at 877-777-9020.

     back to top

SharingChange - Member bills are rounded up to the next whole dollar amount and the change is set aside to benefit community causes.

     back to top

After Due Date - The amount you should pay if you are paying after your due date?it includes a late fee.

     back to top

Regulatory Law - MTEMC must abide by certain regulations governing utility practices, including enforcing timely bill payment on the part of its members. MTEMC?s members are responsible to the cooperative and the rest of its members to do their part in paying bills on time.

     back to top

Payment Coupon - Detach this portion of the bill to return with payment. Be certain the MTEMC address shows in the window.

     back to top