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When you take a close look at your gas and electricity bills, you’ll notice quite a lot of information and might ask yourself, “How do I read my energy bills?”.
With so much information packed into each invoice, it’s not always clear what every section means or how charges are calculated.
By learning to read your energy bill, you can stay on top of your usage, spot any irregularities, and make more informed decisions about your energy plan.
We’ve created this page to help business owners better understand their gas and electricity bills.
Whether you’re reviewing charges, checking your supply details, or trying to understand peak and off-peak rates, this guide breaks it all down for you.
Our goal is to give you the confidence to navigate your bills with ease and avoid any billing surprises.
1. Company address
Here you will see the address for your business or company.
2. Invoice Number Summary
Invoice Number: A unique identifier for each invoice, used for tracking and payment reference.
Meter Number: A unique identification number for the electricity meter at the supply address.
Bill Period: The specific dates covering the electricity usage billed in this invoice.
Billing Days: The total number of days for which electricity usage is being billed.
ID: Internal identifier, possibly linked to customer or contract details.
Supply Address: The physical location where electricity was supplied and measured.
Retailer:
Account number:
Contact:
Electricity Provider: The supplier providing electricity services under this invoice.
ABN: The registered business number of the electricity provider.
3. Electricity summary
Company name:
ABN: The supplier providing electricity services under this invoice.
Our contact details if you have any questions or queries.
4. Tax invoice summary
Amount Due: The total amount payable for this billing period, including charges and GST.
Due By: The deadline for payment to avoid penalties or service interruptions.
Issue Date: The date the invoice was generated and sent to the customer.
Invoice Number: The invoice number is repeated for reference.
Opening Credit: Any balance carried forward from previous invoices (none in this case).
Closing Credit: Any new credits applied to the account (none in this case).
New Charges for this Invoice (Incl. GST): The total amount charged for the new billing period, inclusive of GST.
GST Component: The Goods and Services Tax (GST) applied to the invoice total.
Total Due: The final amount payable after credits, charges, and taxes.
5. Charge Details summary
Charge Type: The specific type of electricity-related charge applied. This includes charges for electricity consumption, supply fees, and network distribution costs.
Period: The billing period during which the charge applies.
Price: The rate charged per unit (either per kWh for energy use or per day for fixed fees).
Quantity: The total amount of energy consumed (in kWh) or the number of days applicable for supply charges.
GST: The amount of Goods and Services Tax (GST) included in the charge.
Total: The total cost for that specific charge, including the GST.
6. Payments
Direct Debit Setup: Available via support@termina.io.
Customers can set up automatic payments for convenience.
Customers can manually transfer payments to this account.
Credit Card Payment Links: Provided on invoice
Online payment options for settling the bill via credit card.
7. Invoice Footer Details
Opening Credit: No prior balance or credits applied.
Closing Credit: No additional credits applied.
New Charges (Including GST): The new charges for this invoice cycle.
Total Due: The final amount that must be paid.
GST Component: The total GST included in the invoice amount.
Due Date: The final date by which payment must be made.
cost saving
Energy Brokering Services for Cost Savings
- Monitoring & Reporting: Continuous tracking of energy usage to identify inefficiencies.
- Tariff and Demand Analysis: Ensuring your business is on the optimal energy plan.
- Sustainability & Green Energy Options: Assisting in transitioning to renewable energy sources.
- Risk Mitigation: Protecting against market volatility through strategic energy planning.
simple
Simplifying Energy Management
- Centralised Energy Procurement: A hassle-free approach to sourcing and securing energy contracts.
- Budget Planning & Cost Control: Tools and strategies to manage energy expenses efficiently.
- Regular Portfolio Reviews: Continuous evaluation of energy agreements to ensure sustained savings.
What can an Energy Broker achieve for your business?
Reduce Energy Costs
Ensure you’re always on the best energy deal.
Lower Your Workload
Eliminate the stress of energy management.
Optimal Business Operations
Secure consistent, predictable energy expenses.
Contact Termina for energy cost optimisation
Take control of your business energy costs today. Our expert energy brokers are ready to provide you with tailored energy solutions, ensuring you maximize savings and efficiency.
Get in touch with Termina today and optimize your energy procurement strategy!
Frequently Asked Questions
Find answers to common questions about Termina and how it can save you money on your energy bills.
An energy broker helps businesses find the best energy deals by analysing market trends, negotiating contracts, and managing energy procurement strategies to reduce costs.
We act as the authorised representative on behalf of your business. So we can make changes to the energy accounts after you give us consent. We will never make any changes to the accounts unless we have your explicit confirmation.
All you do is send your latest bills and we do the rest. We do all the switching, zero work is required from you. Just one supplier that gives you the best price every month.
Once we link with your account, we let you know that there's a cheaper rate available for your property. We then make the switch for you so you have peace of mind that you're always on the best rate.
No! Unlike comparison sites, our software works across the whole market and Termina is not paid by retailers so you are getting the genuine best rates on the market. Instead, we make money from a portion of your savings so we're motivated to always save you more.
Termina will send you one simple invoice every month which will ensure your electricity supply and our monthly 'review and switch' service to maximise your savings and keep electricity costs as low as possible. You can choose a monthly invoice or automatic direct debit, which some retailers offer discounts for.
No, all the small business plans have no lock-in so you can stop the service or change retailer any time. We guarantee the best price so if you find a better one let us know and we'll move you straight across!
No, your energy supply will never be impacted when moving accounts.
If you reach out to our support team at support@termina.io or use the online app you can easily do both of these in a few clicks.