ElectricityCalculator estimates your usage for each month based on the information you enter, and calculates your cost per each of the plans available on the market. Fill out some basic information needed for analysis or upload a copy of your electricity bill. We calculate the ratio of your usage to the average usage, and then apply that ratio to each of the months in the model. Our model covers your location and takes into account whether you use gas or electric heat. This provides a quick estimate of you approximate savings so you can see if switching is right for you. For a better estimate you can provide actual usage history from your Smart Meter and billing cost or provide more bills for your analysis. (email to email@example.com)
ElectricityCalculator.com monitors available plans on a daily basis to keep our data up to date. We interpret each rate sheet to determine the variables for our formula, which calculates your power cost for each month.
When you enter your address or provide your bill we use it to confirm you Electric Service ID (ESID), to lookup exactly which Transmission, Distribution and Service Provider (TDSP) brings the power to your residence. This is the company that owns the wires and transformers that get the power from the statewide power grid to your house. The TDSP determines which of the plans are available to your residence. We then calculate your annual cost for each of the plans.
Following your analysis, we also allow you to enter any early termination fees you may have if you are under a current contract so that can be included in the savings calculation along with your annual ElectricityCalculator.com fee; then voilà, we show you your annual power cost for the least expensive plans.