Your billing rate, meter number, current readings, kilowatt-hours used, and an itemized summary of your current charges are shown here.
- The energy charge is the cost for the kilowatt-hours that a member uses during the billing period.
- The access charge is a fixed cost that exists whether the member uses any kilowatt-hours or not. It helps to cover some (not all) of the co-op's fixed costs including administrative and system maintenance expenses that exist even when no electricity is used.
- The energy adjustment is a pass-through charge or credit applied to the bill due to the fluctuating costs of wholesale power purchased by the cooperative. Revenues from the energy adjustment are not kept by Midland Power; they are paid to the power suppliers.
- KWH is the number of kilowatt-hours that the member used during the billing period. It is the difference between the prior reading and the new reading on the member's meter.
- Peak demand lists the day within the billing period in which the location created the highest demand for electricity and lists the peak electric demand for this moment in time. This item is listed on residential bills to help consumers understand how they use electricity.