Your NEP bill may include different line items depending on the services your community has selected. But one thing is always consistent: the electricity usage recorded in your unit is billed based on actual meter readings, and NEP guarantees that those metered charges will never exceed what the local utility would have charged for the same usage.
Read MoreAccording to the U.S. Department of Energy, 78°F is the recommended setting for staying cool while saving energy when you're home. If that feels a little warm to you, even raising your thermostat a few degrees from your usual setting can still lead to savings. Each degree can reduce cooling costs by about one percent over an eight-hour period.
Air conditioning can account for 40% to 60% of your unit’s total energy consumption during the hot summer months, so how you manage it really matters.
Read MoreUtility billing can be complex, especially when it differs from what you’re used to. If you’re used to getting a bill directly from the local utility for electricity alone, NEP’s bundled approach can raise questions. This month, we’re addressing some of the most common questions and misconceptions we hear from residents about how billing works in NEP communities.
Read MoreUnderstand Seasonal Energy Use and Prevent Surprise Water Charges; Know the Signs of a Toilet Leak.
Read MoreWe know that more energy usage means higher bills. So how can you keep the holiday cheer alive while being mindful of your energy consumption? Here are some simple, effective tips…
Read MoreWelcome to autumn. The days are growing shorter, and temperatures have started to drop. After a long, hot summer, it may seem too early to start thinking about the upcoming winter weather and how it can affect your energy bills. But now is the perfect time to plan and prepare for those inevitably frigid winter days.
Read MoreHow can you stay cool and not completely abandon your budget? The U.S. Department of Energy suggests setting your thermostat to 78 degrees to stay comfortable while saving money. But, if you’re one who thinks that sounds a bit on the toasty side, what other options are there? Here are some tips to help from our friends at Apartmentguide:
Read MoreWhen it gets hotter outside, apartments and condominiums typically use the most electricity to cool their units. In fact, nearly half of all energy consumption each year goes towards powering a unit’s air conditioner or furnace…
Read MorePECO has filed with the Pennsylvania PUC new electric Generation Supply Adjustment (GSA) charges from June 1, 2024, and running through August 31, 2024. The GSA is the largest component of the price to compare. For residential customers, PECO’s GSA is expected to decrease by about 2%.
Read MoreFollowing the recent procurement auctions, we have been informed that AES’s generation portion of the residential rate is expected to decrease by nearly 20%. This new generation rate will be in effect beginning June 1, 2024, and run until May 31, 2025.
Read MoreEffective Monday, April 1, 2024, AEP Ohio raised the largest component of the transmission portion of their residential rate. As a result, residential rates will increase by about $10 per month for the average consumer (1,000 kWh/month).
This news follows the expectation that the generation portion of AEP Ohio’s rates will decrease by 20%—30% following the spring auction process. This decrease will take effect in June and should provide some relief to residential summer bills despite the transmission rate increase announcement.
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