Long-term sites almost always bill electric separately, and the guest who runs two air conditioners in August should not pay the same as the one who is away all month. Two meter reads and a rate turn that fairness into a line on the invoice.
A site that went from 41,250 to 41,608 used 358 kWh — $50.84 of power plus a $5 service fee is $55.84.
The example
Three long-term sites read on the same day, all on the same rate and service fee.
| A | B | C | D | E | F | |
|---|---|---|---|---|---|---|
| 1 | Site | Start read | End read | Rate/kWh | Fee | Amount due |
| 2 | A-14 | 41250 | 41608 | 0.142 | 5 | 55.84 |
| 3 | B-03 | 22890 | 23004 | 0.142 | 5 | 21.19 |
| 4 | C-22 | 8005 | 8790 | 0.142 | 5 | 116.47 |
The formula
Usage, price, round, then add the fee:
How it works
Order matters here:
C2-B2is the kilowatt-hours used since the last read. Both reads come from the sub-meter, and both belong in the sheet so a dispute can be audited.*D2applies the rate. Whether you may charge more than your own utility rate is a question of local law, so keep the rate visible rather than buried in the formula.ROUND(...,2)before adding the fee. Rounding the usage charge to cents on its own keeps the invoice line matching the total.+E2is the flat monthly service charge if your park uses one. It is not part of the per-kWh math and should never be inside the rounding.
Carry the end read forward as next month's start read with a simple reference and the whole ledger becomes self-maintaining.
Try it: interactive demo
Enter the two meter reads, your rate per kilowatt-hour, and the flat service fee.
Variations
Handle a meter rollover
A five-digit meter that passes 99,999 starts again at zero; add the rollover back when the end read is lower.
Split power out of an all-in rate
When rent is quoted all-in, show the power component separately for transparency.
Pitfalls & errors
What you may charge a sub-metered guest is regulated in many states — often capped at your own utility's rate with no markup, and sometimes requiring a certified meter. Check before you set the rate cell.
Photograph the meter face on read day and file it by site. Almost every billing dispute ends the moment a dated photo of the reading appears.
A negative usage figure means a rollover, a swapped read, or a replaced meter — never a credit. Guard it with the rollover variation or an IF that flags it rather than billing a negative.
Practice workbook
Frequently asked questions
Can I add a markup to the utility rate?
How often should sites be read?
Stop fighting formulas. Learn them in a day.
This recipe is one of hundreds of real-world formulas we teach. Our Excel Formulas & Functions class covers lookups, logic, text, and dynamic arrays hands-on — live in Dallas–Fort Worth, Houston, Austin, Oklahoma City, Denver, or online.
See the Formulas & Functions Class