MANAGEMENT

Detailed explanation-1: -Electricity bill = Total power consumed in one month× Cost of one electric unit = 810.6×3.45= Rs.

Detailed explanation-2: -• If 31 days pass from the meter-reading, a late payment charge will be billed at a 10% annual interest rate (approximately 0.03% per day) based on the number of days elapsed. As a general rule, this charge is calculated immediately after payment and it will be charged together with your electricity bill.

Detailed explanation-3: -On average, Florida residents spend about $226 per month on electricity. That adds up to $2, 712 per year. That’s 13% higher than the national average electric bill of $2, 404.