Why do I have a negative balance on PG&E?

A negative balance indicates that your bill was overpaid and that you may be eligible for a refund. You may only receive your refund after the semester starts and your anticipated credits are disbursed to your student account.

Why is my PSEG negative?

They over charged on a previous bill so are crediting the over charge as a negative amount. It is the same as a refund. Assuming you don’t have your own PV system on the roof, and you don’t have balance payment plan, they probably over-estimated your usage for one month and credited it back the next.

How is PG&E bill calculated?

Your true up charges each year are determined by the difference between the amount of electricity your system generates throughout the month and the amount of electricity PG&E supplies. The calculated difference is your net energy.

What is PGE generation credit?

Generation Credit. This is the amount that PG&E would have charged for Electric Generation. This amount is always a credit for CCA customers. 3. It is a charge to recover above-market costs for generation resources acquired prior to a customer’s switch to a third-party electric generation provider.

What does a negative number mean on electric bill?

A negative dollar amount indicates that your energy credits have exceeded your energy charges. • Your current month energy charge total: Displays your total energy charges or credits for the current billing month.

What is PG&E NEM charges?

Monthly NEM Charges represent the cost of the electricity you use each month. You don’t pay your monthly NEM balance each month. Instead, your Monthly NEM Charges are added up to calculate your Cumulative NEM balance, which you pay at True-Up.

What does it mean when my electric bill is negative?

Originally Answered: What does a negative electric bill mean? This simply means you have paid or deposited more amount than the last bill required. Sometimes it is helpful to deposit advance amount with electric company when you are out of station for longer period and do not want to delay the bill payment.

What does a negative electric bill mean?

The negative sign indicates an overpayment of the bill and you may be eligible for a refund.

How can I lower my PG&E bill?

Three to five percent more energy is used for each degree you set your furnace above 68 F. When you leave the house, set your thermostat to 56 F. By turning your thermostat back 10 to 15 degrees for eight hours, you can save five to 15 percent a year on your heating bill.

What are PG&E delivery charges?

The Minimum Delivery Charge accounts for the cost to deliver energy and is $10.12 for Non-CARE customers and $5.06 for CARE customers. All customers are subject to pay both the Minimum Delivery Charge and Energy Charge associated with kilo-watt (kWh) usage.

What is a generation charge?

An energy or generation charge is what Direct Energy charges you for your electricity usage. For example, if you’re signed up on a fixed-rate plan at 10.0 cents per kWh and you use 1,000 kWh during a billing cycle, your energy charge would be $100.00: 1,000 kWh x 10.0 cents per kWh = $100.00.