• Calculate Annual Rate Class Savings

  • To calculate your potential annual savings as a consumer in a rate class, determine the difference between Delmarva Power’s column (D) "Weighted Average Price of SOS electricity beginning June 1, 2014 through May 31, 2015" 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 column (D) price 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 "Weighted Average Price of SOS electricity beginning June 1, 2014 through May 31, 2015" in column (D) of the chart below to determine your correct rate.

    (A)
    Rate
    Classification
    (D) 
    Weighted Average Price of 
    SOS electricity beginning 
    June 1, 2014 
    through
    May 31, 2015
    (¢/kWh)
      Residential (Schedule "R")   8.71
    Residential Time of Use
    (Schedule "R-TOU")
      8.69
      Outdoor Lighting (Schedule "OL")   7.40
      Small Commercial
    (Schedule "SGS-S")
    8.66
    Outdoor Recreational Lighting (Schedule "ORL") 7.40
    General Service - Space Heating (Schedule "GS-SH") 8.86
    General Service - Water Heating (Schedule "GS-WH")  9.00

    The above prices are rate schedule averages.

    • 2. The following is an example using Delmarva Power’s Residential (Schedule "R") rate class.
     "Weighted Average Price of SOS electricity beginning June 1, 2014 through  May 31, 2015”  
    Difference/kWh
    Average Monthly kWh Usage
    Average Monthly Savings
    Months/Year
    Average Annual Savings
    8.71 ¢/KWH                                                
    −7.71 ¢/KWH    
    =  1.00 ¢/KWH    
    × 1,000
    =  $10.00                                                                   
    × 12
    = $120.00

    *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. Weighted Average Price of SOS electricity beginning June 1, 2014 through May 31, 2015  cents/kWh
    2. Suppliers Price to Compare cents/kWh



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



    Average Monthly savings = $
    Months/Year ×12



    Average Annual savings = $