Check your power metre

POWER bill is the payment made on electrical energy consumption in a given time interval.
Every home requires 240V and 100 watt power.
The unit of power is known as watt and it is said to be an amount of electrical energy consumed per second and measured in joules/second.
If total electrical appliances in your home is 50 watt and if it runs for 24 hours, then your home consumed about 4,320 kilo joules of electrical energy per day.
PNG Power is charging every domestic home with this rate, K0.74 per kilowatt hour. Thus, one kilo watt hour is equivalent to 3,600 kilo joules of electrical energy.
How much are you going to pay when 50 watts electrical appliances if your home consumed about 4,320 kilo joules of electrical energy within 24 hours?
Simple calculations:
Power Rate = Amount ÷ (power x time) similar to;
Power Rate = Amount (K) ÷ Electrical Energy Consumed
Making Amount the subject:
Amount (K) = Power Rate × Energy Consumed
Amount (K) = (K0.74 ÷ 3600 KJ) x 3,240 KJ) = K0.90
This amount, K0.90 is due for one day’s energy consumption.
Then total amount you may owe PNG Power for a fortnight (14 days) is K12.60.
If you buy K15 units on easipay then you are entitled to be in light for next two weeks before the power meter switches off as it approaches zero.
For instance if electrical appliances in your home worth 25 watt in total then you will only pay half of K12.60 which is K6.30 for two weeks.
Power appliances are refrigerator, TV, fan, radio, lights and washing machines.
All their ratings are written on the appliances.
Please make your business to add up all the power appliances used and monitor how your units in the easipay meter box is running.
If it is running faster than expected then you have the right to enquire with PNG Power for further clarifications.
Now let’s proceed to revenue estimation for PNG Power annually.
Let’s say four million homes around PNG are hooked up on the main grid and if these homes owed PNG Power K12.60 fortnightly.
Then PNG Power’s revenue will be K60.4 million per fortnight, months revenue will be K120.8 million and annual revenue will be K1.45 billion.
Then K450 million or less will be spent on entire operations and K1 billion will be paid as dividend to government for budget support.
If 10 State–owned entities generated K1 billion annually, the Government’s budget will be based upon K10 billion.
If the said amount of K10 billion is equally distributed to 22 provinces then each provinces will receive K450 million annually.
Surplus budget will instigate massive infrastructure developments to pop up like a mushroom everywhere.

Gibson Lambea Mai,
Ialibu-Pangia electorate