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How to Read Your Residential Electric Bill

Learn how to read and understand your residential electric bill.
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Yes. A letter of reference from your previous utility may serve in place of a residential security deposit. Letters must be printed on the utility’s letterhead, authorized by a company official, less than six months old and include a good record of payment for at least 12 months.  Also, a co-signer (or guarantor) who is an existing EPB Electric Power customer with a good payment record for at least 12 months may serve in place of a security deposit. The guarantor will be asked to sign an agreement that will remain in effect for one year.

A TVA-preferred air source heat pump is any heat pump that meets certain minimum standards for energy efficiency. In addition to replacing an existing electric heat source, a new, all-electric heat pump must have a minimum SEER2 rating of 15.2 for cooling and an HSPF2 rating of 8.1 for heating. It must also have a variable speed compressor (excluding two-stage compressors), and the system should produce 100% of rated heating capacity without backup heat at 17 degrees outdoor temperature. Cooling capacity cannot exceed 125% of cooling load at design conditions. The system must be installed by a manufacturer-certified installer who participates in our Quality Contractor Network. And finally, the installer must provide a Manual J Calculation 8th edition with their project submission in order to qualify for EPB and TVA EnergyRight® Home Energy Rebates. EPB Energy Pros can help you better understand these requirements.

We highly recommend starting the process with a free EPB Energy ProsSM Home Energy Checkup to understand which improvements will give you the greatest energy savings. Once you’ve identified a qualifying home energy improvement project, you’ll choose an approved contractor from the EPB & TVA Quality Contractor Network. Only contractors in this network are approved to help you claim rebates. After your contractor completes your project, you will receive an email from MyTVA@MyTVA.com with instructions on how to receive your rebate. You will also be given the option to schedule a FREE EPB Energy ProsSM Quality Assurance Checkup where we will ensure your contractor’s work meets specifications to help you achieve maximum energy savings.

The Total Monthly Fuel Cost Adjustment is determined by the cost of the natural gas, coal and other fuels used to generate your power. Because of frequent fluctuations in these fuels, TVA makes an adjustment to the “fuel cost” portion of your electric rate each month based on the current market price of these fuels.

The current Total Monthly Fuel Cost Adjustment used to help determine your energy bills this month can be found by clicking here.

To see our complete residential energy rates, click here. To see our complete commercial energy rates, click here.

EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.

Stay Informed

For current Solar Share participants, there are several options. You can buy a multi-year license for a one-time payment of $578 per solar panel, plus a $10 annual maintenance fee per panel in exchange for a monthly bill credit equal to the generation of the total number of panels licensed. Panel licenses can be sold back to EPB at any time for a depreciated rate. You can lease month to month for $3.50 per panel per month, you will receive a monthly bill credit equal to the generation of the total number of panels you select. This low-cost option can be cancelled at any time.

The EPB Pre-Pay Power option eliminates late fees, reconnect fees and security deposits. With Pre-Pay Power, you can decide what works best for you and your budget. If it’s difficult for you to make large monthly payments, you can pay smaller amounts daily, weekly, or biweekly instead. Pre-Pay Power puts the power in your hands. To sign up for Pre-Pay Power, please call us at 423-648-1372.

An EPB Energy Pro will inspect your home and work with you to identify the improvements that will benefit you most. If you qualify, you can receive up to $10,000 in FREE energy upgrades, including:

      • Modern, energy-efficient appliances
      • New heating and cooling system or repairs
      • Tankless or energy-efficient water heater
      • New doors or windows
      • Fresh insulation for floors, ceiling or walls
      • Sealed air leaks

For other questions, get in touch with us

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