Saving Tips: How To Compute Your Electricity and Water Bill

Managing household expenses can be overwhelming, especially for the ones who are responsible for the family’s finances. Water and electricity bills often make up a large chunk of monthly Want to save on your utility bills? In this article, we’ll show you how to easily calculate your electricity and water bills so you can cut costs and stay on budget. expenses, but the good news is that there are practical ways to save on these utilities while also understanding how to compute your bills correctly.

In this article, we’ll guide you on how to save on water and electricity bills, how to compute them, and how you can conveniently pay them online. 

Water conservation is essential not only for the environment but also for reducing your household expenses. With the rising costs of water, understanding how to save water and how to compute your water bill effectively can make a significant difference in your budget. Check out these tips to keep the bills to a minimum. 

Saving water at home is easier than you think. Check out these easy ways to cut down on your water consumption: 

1. Fix Leaks Immediately – Even the smallest leaks can waste a substantial amount of water over time. Always check faucets, toilets, and pipes for leaks, and repair them right away. 
2. Install Water-Efficient Appliances – Consider replacing old faucets, showerheads, and toilets with water-saving alternatives. Low-flow faucets and showerheads can drastically reduce water consumption without sacrificing comfort. 
3. Turn Off the Tap – Avoid leaving the water running while brushing your teeth, washing dishes, or scrubbing your hands. This small habit can save a lot of water throughout the day. 
4. Use a Dishwasher or Washing Machine Efficiently – Run your dishwasher or washing machine only when they’re full. This maximizes water usage and reduces the number of times you need to use the appliances. 

To calculate your water bill from your meter reading, follow these steps: 

1. Check the Meter Reading – Your water meter will display a number indicating how much water you’ve consumed. Note the current reading. 
2. Subtract the Previous Reading – To find out how much water you’ve used, subtract the previous reading (usually indicated in your last bill) from the current reading. 
3. Multiply by the Rate – The water utility company will charge a specific rate per cubic meter of water used. Multiply the amount of water you used by the rate to find the total cost. 

For example, if your current meter reading is 2,500 liters and your previous reading was 2,000 liters, you’ve used 500 liters (0.5 cubic meters). If the rate is P40 per cubic meter, your water bill for this period will be P20. 

If you’re a Maynilad customer, you can easily check your water bill online by following these steps: 

1. Visit the Maynilad Website – Go to the Maynilad official website and log in to your account. 
2. Enter Your Account Number – You’ll need your Maynilad account number, which you can find on your previous water bill. 
3. View Your Bill – Once logged in, you can view your current and previous bills, along with your water consumption details. 

Speaking of bills, did you know that you can settle your payables by using Home Credit’s HCQwarta? You only need to have an active product loan from us to get this feature! The best part? There's no such thing as added fees for paying your bills. Convenient, right? 

Paying your water bill through GCash is quick and convenient. Here’s how you can do it: 

1. Open the GCash App – Launch the GCash app on your phone. 
2. Go to Pay Bills – From the home screen, tap on the “Pay Bills” option. 
3. Select Maynilad or Your Water Utility Provider – Choose your water provider from the list of billers. 
4. Enter the Account Number and Amount – Input your account number and the amount you wish to pay. 
5. Confirm Payment – Review the details and confirm the payment. You’ll receive a confirmation once the transaction is successful. 

If you’re a Meralco customer, you can check your electricity bill online as well: 

1. Visit the Meralco Website – Go to the official Meralco website and log in to your account. 
2. Enter Your Account Details – You’ll need your Meralco account number to access your bill. 
3. View Your Bill – Once logged in, you’ll be able to see your current and past electricity bills, including your energy usage and payment history. 

To calculate your electricity bill from the meter reading, follow these steps: 

1. Check the Meter Reading – Note your current meter reading in kilowatt-hours (kWh). 
2. Subtract Previous Reading – Subtract the previous meter reading from the current reading to find the total electricity consumption for the billing period. 
3. Multiply by the Rate – Multiply the total kWh consumed by the rate charged by your electricity provider (this rate is usually listed in your bill). 

For example, if your current reading is 1,500 kWh and your previous reading was 1,200 kWh, you’ve used 300 kWh. If the rate is P10 per kWh, your electricity bill will be P3,000. 

Paying your electricity bill through GCash is a fast and hassle-free option: 

1. Open the GCash App – Launch the app on your phone. 
2. Go to Pay Bills – Select the “Pay Bills” option on the home screen. 
3. Select Meralco or Your Electricity Provider – Choose your electricity provider from the list of available billers. 
4. Enter Your Account Number and Amount – Provide your account number and the amount to pay. 
5. Confirm Payment – Review the payment details and confirm the transaction. You will receive a confirmation once the payment is processed. 

To pay your Meralco bill online, you can use various platforms, including the Meralco app or GCash. The process is similar to paying via GCash, making it a convenient way to manage your household expenses. 

Reduce both your water and electricity bills, consider these additional tips: 

1. Turn Off Appliances When Not in Use – Unplug electronics or use a power strip to switch off multiple devices at once. 
2. Use Energy-Efficient Appliances – Look for energy-efficient models that consume less electricity, such as LED lights and inverter air conditioners. 
3. Optimize Natural Light – Open your windows and use natural light during the day to avoid using lights unnecessarily. 
4. Use Fans Instead of Air Conditioning – Fans use less electricity and can still keep you cool during the warmer months. 

By using these tips and learning how to calculate your bills, you can lower your water and electricity costs and keep your household budget in check. 

Home Credit Philippines is taking the ease and accessibility of paying your bills to the next level with the use of HCQwarta. You can unlock this feature when you receive an offer from us so take note that the HCQwarta is sent to only people who have an active product loan. With HCQwarta, you’ll be able to buy load, pay bills, and more, all in the Home Credit App!