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Virginia Energy Choice

Price to Compare

To calculate your savings, determine the difference between Delmarva Power's "Price to Compare" and the price of other Electric Generation Suppliers participating in the Energy Choice Program by subtracting one from the other. If the supplier’s price is less than the "Price to Compare", you’ll save money. Multiply that difference by your average monthly kilowatt-hour (kWh) usage to determine your average monthly and annual savings.

1. Look at the "Price to Compare" chart to determine your correct rate.

Virginia Residential Price to Compare (cents per kWh)

Rate Class 07/01/06 06/01/07
Residential Service (RS) 9.00 8.63
Residential Heating (RH) 9.00 8.63
Residential Time of Use Non-demand (RTE) 9.04 8.71
Private Outdoor Lighting (PL) 6.24 5.77

The above prices are rate schedule averages.

2. The following is an example using the residential (RS) rate class.

Delmarva Power's

"Price to Compare"/kWh
Prospective Supplier* Price/kWh
Difference/kWh
Avg. Monthly kWh Usage
Avg. Monthly Savings
 
Avg. Annual Savings
  8.63
− 8.13
= 0.5
× 750
= $3.75
× 12
= $45.00
cents/kWh
cents/kWh
cents/kWh

*An example using a fictional price. your savings will differ based on the price of the actual supplier you choose.

3. You can print and use the form below as a calculation worksheet.

Fill in the information on line 1, 2 and 3 to calculate your monthly and annual savings.

 

1. Delmarva Power's Price to Compare kWh cents/kWh
2. Suppliers Price to Compare kWh cents/kWh



Difference kWh = cents/kWh
3. Average Monthly kWh Usage × kWh



Average Monthly savings = $
×12



Average Annual savings = $