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You are here: Home / home / Saving Money – Your Utility Bill

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Saving Money – Your Utility Bill

Take a close look at your last water and electric bills. Are the meter readings on these bills “estimated” or “actual.” If a meter reader can’t (or won’t) read your meter, standard practice is for the utility company to use an estimated reading (based on your past usage). Many companies just don’t have the manpower to read every single meter out there every month, although they are required to do so at least once or twice a year.

Sounds reasonable until you realize that this practice could result in two problems that could cost you money. For one, your actual usage could be much lower than the estimate, so you’re stuck paying much higher bills. On the flipside, you could have been paying much less than you’re supposed to, which is okay until an actual reading is taken and your bill jumps drastically.

Check your utility bills every month. If a meter reading is estimated, call the company and ask for an actual reading immediately. If the meter is behind a locked gate or in a basement, make sure you are there to give access.

(Source: Consumerist)

This article appears courtesy of Early To Rise, a free newsletter dedicated to making money, improving health and secrets to success. For a complimentary subscription, visit http://www.earlytorise.com.


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About Zipporah Sandler

Zipporah Sandler AKA Zippy is a lifestyle and travel specialist who after living everywhere from Providence to Paris found herself suddenly residing in South Florida (something she swore she’d never do).

Whether it be San Pellegrino water or Louis Roderer Cristal, Zippy suggests that you keep your life sparkling and your glass full.

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