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Understanding the billing statement

My Electric Bill

Learn how to read your electric bill and understand each piece of information. Interact with the examples below to get familiar with your bill. 

How to read it

Understanding My Statement

Hover your mouse over the icons to learn more about the different components of your monthly billing statement.

Note: The billing statement on this page is for example purposes only. You can find your bill by logging into SmartHub.

Total amount due will contain any past due amount or credits on the account.

Your statement date, account number, and billing period.

The average daily usage and average daily estimated cost.

Important information from Tipmont.

The table compares your current monthly and daily usage to the previous month as well as the same month last year.

This graph shows your monthly energy usage with daily high and low weather temperatures.

Your account number and the total amount due, plus any credits or past due amount. Please detach and return the bottom portion with your payment to ensure accurate payment processing.

Your contact information on file. Please update any information by calling Member Service at 800-726-3953.

Account information summary includes the list of days for this billing period,
the read date, present and previous reading and KWH usage details.

Detailed list of charges for this bill will be shown for your information,
with the account balance and total amount due upon the receipt of this bill.

MORE INFO

If you owe a previous balance, it will be listed here to show your total amount due. Log into SmartHub to see past bills.

How Is Your Bill Calculated?

See how your bill is calculated and what the different terms mean.

SMARTHUB

Go paperless for a chance at $100!

Enroll in paperless billing for a chance to win $100 each month!

It’s no secret that postage costs are rising. Help us keep your bills down by signing up for paperless billing. It’s free, convenient and secure.

Each month, we’ll randomly draw one winner from all Tipmont members enrolled in paperless billing for a $100 electric bill credit!

  1. Login to SmartHub (if you need help logging in, please contact us). 
  2. In SmartHub, select “My Profile” and then “My Information.”
  3. Select “Update My Paperless Settings” and click the toggle labeled “Paperless: OFF.”
  4. Click “Yes” to agree to paperless billing.
  1. Launch the SmartHub app and login using your E-Mail Address and Password.
  2. Tap the three-line icon at the upper left to open the mobile app menu.
  3. Tap Settings.
  4. On the settings screen, tap Paperless Billing.
  5. Toggle the account(s) you wish to switch to paperless billing. Toggle “Select all Accounts” to switch all accounts to paperless billing. 
  6. Tap “Yes” to confirm the change to paperless billing

To be eligible for the monthly drawing, your Tipmont membership must be in good standing. One entry per membership per month. One winning entry per membership per year. 

You can log into SmartHub online anytime and go to Billing and Payments to see your current and past bills. You can also choose to get a bill notification email or text message under Manage Notifications in SmartHub. 

The winner will be notified by email (make sure your email address is up-to-date in SmartHub!). The $100 will be applied as a credit to your electric bill on the next available bill cycle. 

Each membership is eligible for one entry. Your membership may have several sub accounts, (electric, internet, grain bin, etc.). Please contact our office if you have questions.

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