00:00 Introduction

00:54 Usage Graph

01:54 Type of Electricity

02:47 Peak Pricing, Monitoring Usage

Hey everyone, Daniel from Financial Literacy Australia here. In this video, I'll walk you through how to read and understand a utility bill, specifically focusing on an electricity bill. I'll explain important terms like kilowatt usage, average cost per day, and NMI (National Meter Identifier). I'll also show you how to interpret a usage graph and understand the different pricing tiers for peak and off-peak hours. By the end of this video, you'll have a better understanding of your electricity bill and be able to monitor your usage more effectively. Enjoy!