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  2. Electricity billing in the UK - Wikipedia

    en.wikipedia.org/wiki/Electricity_billing_in_the_UK

    MSP kWh is the amount of electricity consumed at the 'meter supply point', which is the customer's meter. GSP kWh is obtained by multiplying the MSP kWh by the Line Loss Factor (LLF, a figure > 1) to include the amount of electricity lost when it is conducted through the distribution network, from the 'grid supply point' to the customer's meter.

  3. Why electric bills keep rising - AOL

    www.aol.com/finance/why-electric-bills-keep...

    According to the U.S. Energy Information Administration (EIA), the average retail residential electricity price increased by 4.3% in 2021 to 13.72 cents per kilowatthour (kWh), its fastest rate ...

  4. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax.

  5. Value-added tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax_in_the...

    VAT is an indirect tax because the tax is paid to the government by the seller (the business) rather than the person who ultimately bears the economic burden of the tax (the consumer). [4] Opponents of VAT claim it is a regressive tax because the poorest people spend a higher proportion of their disposable income on VAT than the richest people. [5]

  6. Southern California electric bills are soaring. Here's how to ...

    www.aol.com/news/electric-bill-soaring-heres-why...

    Some consumers have speculated that the larger electric bills are the result of a new rate plan that charges consumers based on when they use energy at home. Ornelas said that's not necessarily true.

  7. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    Alcohol, electricity, and certain other goods are taxed at a "combined rate" of 7%, which includes both state tax and a 2.25% county tax. Candy, soft drinks, and prepared foods are taxed at the full combined 6.75-7.5% rate, with some counties levying an additional 1% tax on prepared foods.

  8. Here’s What the Average Electricity Bill Costs in Your State

    www.aol.com/average-electricity-bill-costs-state...

    Alaska. Average monthly bill: $137.88 Average monthly consumption: 576.95 % difference from the national average: 0.8% View Next: 8 Best New Sam’s Club Arrivals for Your Money in March

  9. European Union value added tax - Wikipedia

    en.wikipedia.org/wiki/European_Union_value_added_tax

    European VAT Rates. The European Union value-added tax (or EU VAT) is a value added tax on goods and services within the European Union (EU). The EU's institutions do not collect the tax, but EU member states are each required to adopt in national legislation a value added tax that complies with the EU VAT code.