This is a two parter.
Part 1:
Firstly, my energy utility company here in greater Cincinnati is Duke Energy. I'm trying to better understand the items on my statement. I'm curious about the Explanation of Current Charges section of my bill, specifically what the following are for:
Customer Charge $4.60
Energy Chrg $88.73
1,122 kWh @ $0.07908500
Elec DSM Rider $3.44
1,122 kWh @ $0.00306200
Rider MSR-E $0.00
1,122 kWh @ $0.00000000
Rider PSM $0.21
1,122 kWh @ $0.00018700
Elec Fuel Adjustment $1.22cr
1,122 kWh @ $0.00108300cr
(I know, that's a lot!) I'd like to know what each of these categories means if someone knows. Hopefully this will help me better understand how this all works.
Part 2:
I just purchased a P3 P4400 Kill A Watt Electricity Usage Monitor (http://www.amazon.com/gp/product/B00009MDBU/ref=oh_aui_detailpage_o00_s00?ie=UTF8&psc=1). The instructions that came with it were very sparse and told more of what the thing does rather than how to use it. Since energy consumption is measured in kWh, I thought this device would be handy for determining how many kWh various things I own use.
The trouble is I don't know how to use the kWh aspect of the device (the purple button). If you press it once, it supposedly gives you a kWh reading. If you press it twice, it gives you duration in hours and/or minutes. I left a laptop plugged in last night for probably 2 hours and got 0.0 for kWh and I'm confused as to how the device is supposed to be used for this. Tell this idiot how to work it!
I work for an electric/gas utility company so i know a fair amount
Energy charge: this is fixed dollar/kwh used amount. Your rate is $.079/kwh and used 1122kwh for the month (.079 is a really good rate)
DSM: stands for demand side management (for us anyways). This fee is used to recover costs from implementing various energy efficiency programs.
MSR and PSM...not sure, we dont have those. Ohio has a PLM charge for some cusomters (peak load management) but this is likely for commercial/industrial customers
Fuel adjustment: this fee is used to recover cost for transporting the fuel used to produce electricity (i.e. the mining, shipping, and burning of coal). This rate probably changes from month to month.
In the old days your bill would just be 1 line item. in the last several years utility companies have been forced (i dont mean that negatively) to breakout the various components of the bill for more clarification, but sometimes it confuses the customer even more...lol. Try and find the rates and tariffs for Duke Energy, who i assume serves your area.
as far as that kwh device, i have no clue. Your main appliances that draw the most will be things like your A/C (or furnace if you have electric heat), fridge, multiple space heaters can add up...things of that nature.