How Much Electricity Do You Lose?

When you think about your home’s electricity, it’s generally a question of how much you use and how much you pay for. However, you might really need to think about how much electricity you lose, rather than how much you use. Where is that energy being lost? What should you know about it? Actually, energy loss is one of the most important reasons to consider changing energy companies for Texas residents. Here’s what you need to know.

 

Energy Loss and Miscalculation

Take a look on the side of your home, or on the power pole where your home’s main breaker box is located. What do you see? It’s a power meter. It’s the gauge by which the electric company measures how much electricity your home has used over the past month and sets your bill. And it’s wrong. Old style analog gauges are often highly inaccurate and cost you a significant amount of money over the course of the year. Not only are these gauges wrong, but the meter itself is a source of energy loss – you’re paying for more electricity than you actually receive. So, what’s the answer?

 

Smart Meters

The answer to the energy loss and miscalculation situation is to use a smart meter. When calculating how much energy your home uses and how much you should be billed, smart meters are significantly more accurate and have much lower rates of power loss. That means you end up paying less per month just for switching to an electric company that provides you with a smart meter.

 

Smart Grids

Energy woes are not limited to your electric meter alone, though. There’s also a problem with old-style power grids (the network that brings the electricity to your home). While there’s no accurate figure on how much electricity is lost through old grids, it’s a significant amount. Power companies that utilize a smart grid system reduce the amount of lost power and can offer lower rates overall as a result of that.

 

Making Your Choice

The first step in saving on your power bill is to choose a new power company. There are lots of different providers to choose from these days, and it pays to take your time so you can make an informed choice. Don’t rush into this – take your time, compare providers, compare how much electricity is per kilowatt-hour, and ensure that the company you ultimately work with is reputable.

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