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Jerry Boucher Northside Shopping Center
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THE CHOWAN HERALD
Page 5-B
Utities Are Up
Have your monthly bills
for gas, electricity, water,
oil and telephone services
been climbing at a rate
faster than you’ve budgeted
for? Prom 1976 to 1961 those
costs on a national average
rose 79 per cent.
Nonetheless, there are steps
you can take to help you
cope with those increases
says the N. C. Association of
CPAs. With proper plan
ning, you can manage your
monthly utility bills just as
you manage other household
expenses.
What rate do you pay for
utilities?
Utilities have a set rate
for a certain amount of
usage, but rates are not
always the same. For
example, phone rates are
high during daytime, and
lower at night. Electricity
costs, if air conditioning is
involved, rising sharply
during summer months.
What is estimated billing?
Estimated billing
stabilizes your monthly gas
and electric payments by
averaging bills over an
entire year. This helps you
side-step seasonal highs.
However, don’t confuse this
with estimates made when
the meter reader can’t gain
access to your meter. Those
estimates might be based on
recent usage which could be
higher than your current
use. Remember, if a utility
finds it necessary to
estimate your bill more than
three consecutive times, you
might be subject to a
penalty fee of as much as
$25.
What other fees should
you check?
If you pay a flat telephone
service fee, find out what
portion of it covers rental of
equipment. If you buy your
own phone, you might save
money in the long run, but
it’s wise to check first. In
North Carolina, for in
stance, the monthly “ser
vice and equipment” fee
includes rental of the access
line, inside wiring, and
telephone. In its untimed
service plan (not including
tax) the company charges
$9.25 for rental of the ex
change access line, no
charge for the inside wiring,
and $.90 for the phone. So,
owning your own phone
would save you only $.90 a
month.
How will the AT&T
reorganization affect your
phone bill?
This a good time to review
all the charges on your
telephone bill because the
billing system may change.
It's possible that you will get
separate phone bills: one for
local service, one for long
distance service, another
for equipment rental. Ac
cording to Paula Horii of
AT&T details related to
separating the parent
company from its operating
units and the impact on
billing procedures will be
ironed out and announced in
the next six months.
In the meantime, ask your
phone company
representative to explain
what your rental and local
service charges cover. Do
you know how much you pay
for a call to the same town,
and to the next town or
county? The boundaries of
local service could change,
according to telephone
company officials. Local
areas will be established by
state regulatory bodies, and
for a number of reasons
local service rates are
expected to increase.
On the plus side, the
federal excise tax on
telephone service was
reduced on January 1 from
two to one per cent and will
phase out altogether by 1985.
Can you be getting your
utility deposit back?
If you paid a deposit in
order to get phone or utility
service you may be able to
get it back, even if you are
still living in the same place.
Many utility companies will
rebate your deposit (with
interest) after a year by
deducting it from your bill.
How can you cut costs?
Th best way to cut costs,
and keep your payments
stable, is to monitor your
use of utilities. Try to be
more efficient. Electricity,
for example, is billed in
kilowatthours: watts
multiplied by hours used
(tivided by 1,000. Lei's say
Continued On Raft 114