Energy Cost Tracker

The easiest explanation of the energy cost tracker is, “It’s a billing adjustment to cover the fluctuating cost of power that we purchase on your behalf.”

Gasoline stations have an advantage that they can change the cost of a gallon of gas every day as the cost of the product increases or decreases. Utility companies don’t have the luxury of changing our base kilowatt rates every day to cover the fluctuation in the cost of power. This basic premise is the reason the energy cost tracker is on your bill.
The power we buy every day to sell to you has been fluctuating as much as gasoline prices. The energy tracker allows us to keep our base rates low at all times but still collect the money we will owe for the purchased power.

There is no mark-up in the tracker. There is no profit made from the tracker. The tracker is not a flat fee. It is only a fluctuating pass-through cost from the power supplier to us and then to you.

The good news is YOU can directly affect the energy cost tracker on your bill. It is directly proportional to YOUR kilowatt use in your home each month. If you have all of your Christmas lights plugged in all night long in December, your tracker cost will be higher. If you have your pool on during the summer, your tracker cost will be higher. When you conserve energy, your tracker cost will go down.

If you have any questions about your energy tracker or want to learn more about conserving energy in your home, contact us.