After reading your residential meter and subtracting from last month's reading, you will know the amount of kwhs you used. You can then figure your electric bill by multiplying that number by the cost per kwh. Below is an example using 1000 kwhs:
| Current Reading |
58321 |
1000 kwh's x 7.1¢ |
$71.00 |
| Previous Reading |
57321 |
Base |
$10.00 |
| Kwhs used |
1000 |
Total Bill |
$81.00 |