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Understanding Your Bill

The Most Affordable Residential Electrical Supply Company in Texas

At Potentia, we show you the amount you are paying down to the last cent. We believe in honest pricing and no hidden costs.That’s why many rate us as the best residential electrical supply company & energy provider in Houston, Dallas, Arlington & Fort Worth, Texas.
Understanding Your Bill
With Potentia’s rate plans, your average rate is made up of 3 components:
1. Potentia’s Energy Price: Total kWh consumed multiplied by your current rate with Potentia Energy. Your rate can be fixed or variable depending on your plan.
2. Base Service Charge: Monthly service charge assessed by Potentia Energy for each billing period. It is not based on the customer’s demand or energy consumption & will remain fixed.
3. TDSP Fees: Assessed by the TDSP for metering your consumption and maintaining service.
 
Calculating your Average Rate
The way we calculate your average rate is fairly simple- grab your calculator and we’ll show you how it’s done:
On a fixed product, while Potentia’s energy price of 6.5 cents per kWh (as shown in the example above) will not change until the end of your contract, you will see your average rate vary because of your usage. The metering fees are passed through from your respective TDSPs (CenterPoint, Oncor, TNMP, AEP). Check out our Electricity Facts Label for your area to get more details on our rate.
 
See a Sample Bill or Calculate Your Own Bill
 
As consumers, it’s important to be educated about what each line item on your bill means. Please see the definitions below:
Advanced metering charge – A charge assessed to recover a TDU’s charges for Advanced Metering Systems, to the extent that they are not recovered in a TDU’s standard metering charge. Acceptable abbreviation: Advanced Meter
Base Charge – A charge assessed during each billing cycle without regard to the customer’s demand or energy consumption
Demand Charge – A charge based on the rate at which electric energy is delivered to or by a system at a given instant, or averaged over a designated period, during the billing cycle
Energy Charge – A charge based on the electric energy (kWh) consumed.
Energy Efficiency Cost Recovery Factor – A charge assessed to recover a TDU’s costs for energy efficiency programs, to the extent that the TDU charge is a separate charge exclusively for that purpose that is approved by the Public Utility Commission. Acceptable abbreviation: Energy Efficiency
kW – Kilowatt, the standard unit for measuring electricity demand, equal to 1,000 watts
kWh – Kilowatt-hour, the standard unit for measuring electricity energy consumption, equal to 1,000 watt-hours
Late Payment Penalty – A charge assessed for late payment in accordance with Public Utility Commission rules
Meter Charge – A charge assessed to recover a TDU’s charges for metering a customer’s consumption, to the extent that the TDU charge is a separate charge exclusively for that purpose that is approved by the Public Utility Commission
Miscellaneous Gross Receipts Tax Reimbursement – A fee assessed to recover the miscellaneous gross receipts tax imposed on retail electric providers operating in an incorporated city or town having a population of more than 1,000. Acceptable abbreviation: Gross Receipts Reimb
Nuclear Decommissioning Fee – A charge assessed to recover a TDU’s charges for decommissioning of nuclear generating sites. Acceptable abbreviation: Nuclear Decommission
PUC Assessment – A fee assessed to recover the statutory fee for administering the Public Utility Regulatory Act
Sales tax – Sales tax collected by authorized taxing authorities, such as the state, cities and special purpose districts
System Benefit Fund - A non-bypassable charge approved by the Public Utility Commission, not to exceed 65 cents per megawatt-hour, that funds the low-income discount, one-time bill payment assistance, customer education, commission administrative expenses, and low-income energy efficiency programs
TDU Delivery Charges – The total amounts assessed by a TDU for the delivery of electricity to a customer over poles and wires and other TDU facilities not including discretionary charges
Transmission Distribution Surcharges – One or more TDU surcharge(s) on a customer’s bill in any combination. Surcharges include charges billed as tariff riders by the TDU. Acceptable abbreviation: TDU Surcharges
Transition Charge – A charge assessed to recover a TDU’s charges for securitized costs associated with the transition to competition
 

 

The Most Affordable Residential Electric Rates in Houston, Dallas, Arlington & Fort Worth, Texas.

At Potentia Energy, our goal is to be your Power for Life for many generations to come. We invite you to explore our website to learn more about Potentia Energy and our principles of simplicity, honesty, and trust. See how we apply these principles through our products and services every day and discover why we are rated by many as one of the best residential energy supplier in TX. If you have any questions or need more information on our affordable & cheap electrical supply rates in Houston, Dallas, Arlington & Fort Worth, Texas, feel free to call us at 1.877.NOW.POTENTIA (669.7683) or email us at contact@potentiaenergy.com

As the leading residential electricity company in Houston, Dallas, Arlington & Fort Worth, Texas, we are here for you – day and night. You can also look through our Frequently Asked Questions to find out how we structure our products, to learn more about our affordable & cheap residential energy rates in TX, to see a sample bill, and much more!

 

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