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Well, you can do that, just make sure your pipes don't freeze up!
Lets break this down:
$80 - $14.50 = $65.50
65.50 / .07 = 936 kWh approx
936 / 30 days = 31 kWh per day
Now, if you're not heating anything, that is way high. Do you share hot water with any other apartments or anything like that?
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