BETTER ENERGY DECISIONS. START WITH YOUR BILL.NORTH AMERICA · WORLDWIDE BILL ENTRY
THE ENERGY TRANSLATOR

Less jargon. More understanding.

The words on your bill, translated into useful ideas. Search a term or browse the concepts behind our calculators.

kW × h = kWh

Power multiplied by time gives energy. A 2 kW heater running continuously for 3 hours uses 6 kWh.

Put it into numbers
32 terms
Power
kW
A kilowatt is a rate of using or producing energy: 1,000 watts. A 2 kW load operating continuously for three hours uses 6 kWh.
Power
kWh
A kilowatt-hour is an amount of energy. Bills typically charge for the kWh used or supplied during a period.
Power
Watt
A unit of power. Divide watts by 1,000 to convert to kilowatts before multiplying by hours.
Your bill
Billing period
The dates covered by a statement. Use the actual number of days when comparing different bills.
Your bill
Current charges
Charges for the current period, separated from previous balances, payments and unrelated services.
Your bill
Energy charge
The amount charged for electricity supply. It may use a flat, tiered or time-based price.
Your bill
Delivery charge
Charges associated with moving electricity to your property. A tariff may include fixed and usage-based components.
Your bill
Fixed charge
A charge that does not directly vary with each additional kWh within the applicable billing arrangement.
Your bill
Credit
An amount reducing the charges due. Enter a credit separately so it is not mistaken for lower energy use.
Your bill
All-in effective rate
Current electricity charges divided by kWh. Useful for explaining the total bill; it is not necessarily the price of an extra kWh.
Rate plans
Blended energy rate
The energy charge divided by the period’s kWh. It combines the energy prices applied to that period.
Rate plans
Marginal price
The applicable price of an additional unit of electricity. It can differ from the average price across the entire bill.
Rate plans
Tiered tariff
A tariff with different prices for specified blocks of consumption. The block size and period are defined by the utility.
Rate plans
Time-of-use
Energy prices that depend on when electricity is used. Schedules can vary by season and day type.
Rate plans
Peak period
A period identified in the tariff, often with a higher energy price. It does not always match the peak use in your own home.
Rate plans
Demand charge
A charge based on a measured or defined power demand, often in kW, rather than only total kWh. Check the tariff’s measurement interval.
Your bill
Daily use
Billing-period kWh divided by billing days. It helps remove the effect of different period lengths.
Your bill
Annualized cost
A period’s daily cost multiplied by 365. This is a constant-pace scenario, not a weather-adjusted forecast.
Your bill
Estimated reading
A meter reading or consumption amount estimated rather than measured for the relevant point in time. A later bill may reconcile it.
Your bill
Reconciliation
Checking that energy, delivery, fees and tax minus credits add to current charges. A difference needs an explanation.
Power
Standby load
Power drawn while equipment is waiting or in a low-activity mode. Small continuous loads accumulate energy over time.
Power
Duty cycle
The fraction of time a device operates at a given load. Thermostat-controlled equipment often cycles instead of drawing maximum power continuously.
Home upgrades
COP
Coefficient of performance: useful heating or cooling delivered divided by energy input under specified conditions. Conditions matter when comparing values.
Home upgrades
Charging efficiency
The share of electricity from the wall that reaches the EV battery. Divide battery energy by efficiency to estimate wall energy.
Home upgrades
Self-consumption
Solar electricity used at the property instead of exported to the grid. Its value depends on the retail purchases it avoids.
Home upgrades
Export credit
The value assigned to electricity sent to the grid under the applicable agreement. It may differ from the retail purchase price.
Home upgrades
Round-trip efficiency
The usable energy returned by a battery relative to energy put into it for a defined charge/discharge cycle.
Home upgrades
Usable battery capacity
The energy available for use within the battery system’s operating limits. It can be lower than its nominal capacity.
Home upgrades
Simple payback
Upfront cost divided by annual net savings when those savings are positive. It omits financing, discounting and future changes.
Power
Baseline
A defined starting point for comparison. Keep the period, equipment service and assumptions clear.
Rate plans
Tariff
The published pricing structure and conditions for electricity service. A headline rate is only one part of it.
Rate plans
DAC
CFE’s Doméstica de Alto Consumo classification. Its rules depend on consumption history and the applicable domestic tariff.
Definitions explain our calculations. For billing, your utility’s tariff defines how a term is applied. Find official resources.