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Most people want to learn how to save money on their utility bills, but this isn't always possible if you don't understand what you're looking at. Being able to understand your NYSEG bill better will help you to save money and get a better NYSEG electricity rate.

The advent of deregulation in New York allows consumers to shop for the best NY electricity rates. Understanding a few parts of your NYSEG bill will help you get a better rate and have a better understanding of the multiple charges on your bill.

Account Info

Your account information will contain your name, address, account number and the amount you owe. It's essential to double check this each time your receive a bill to make sure you're being billed correctly.

Basic Service Charges

This includes a portion of the cost of the meter, meter reading, billing and part of the cost for delivery service. Appears on your bill whether or not you use any electricity or natural gas during the billing period.

Kilowatt-hours

These are a measure of your electricity usage.

CCF

These are the measure of natural gas used over the billing period. You will be charged based on 'therms', which is the heat content of natural gas.

Gas Supply Charges

The Gas Supply Charges refer to the actual costs of purchasing, transporting and storing natural gas. This is for customers who get their natural gas supply from NYSEG, rather than an alternative company.

These charges refer to the price of making the utility industry more competitive. It includes any associated credits and charges.

Merchant Function Charges

Merchant Function Charges refer to the administrative costs of procuring the supply of natural gas. Customers with an alternative supplier are not charged for this service.

Weather Adjustment

Weather Adjustments moderate your natural gas bills while any extreme weather changes are taking place between the dates of October 1 and May 31. If the temperatures during the billing period are lower than they usually are, customers will usually receive a weather adjustment credit. If temperatures are warmer than they usually are during these months, customers may receive a weather adjustment charge on their bill.

Meter Conversion Factor

This term is used to calculate your bill if your meter is a type that records only a part of your energy usage.

Systems Benefit Charge/SBC

The SBC is a state charge for every electricity and natural gas customer. The money from SBC is put towards buying clean energy activities, and energy efficiency programs.

These charges refer to the price of making the utility industry more competitive. It includes any associated credits and charges.

Prorated Bills

These bills are put together by figuring out the amount of energy you use on a daily basis. It is then multiplied by the number of days that are included in your billing period. These kinds of bills are only used when your billing period is shorter or longer than it usually is.

Previous Invoice

The amount you have paid on your previous bill.

Payments Received

The amount you've paid towards your last bill. If it's paid in full it should match your previous invoice.

Balance Forward

Anything you haven't paid that will be transferred to your next bill.

Budget Billing Amount

The total amount of charges you will pay.

When you understand your NYSEG bill you can make better decisions on the company who will supply your utilities.

Example Bill
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