2. Meter Charge: $760/billing period Energy Charge $0.05 for the first 100,000 kwh $0.07 for the next 300,000 kWh $0.085 for all remaining kwh $6.45 per kw demand charge per billing period. Peak demand charges are leveled on customers only during the peak Qemand period which is from 8:00 AM to 6:00 PM Weekdays A 25% energy charge fee is added to the total energy charges (energy only) if the power factor of the plant is below 0.6. What are the customer's bill for the year if the power factor over the year is 80%? What is the additional cost paid if power factor is 40%? Month Electric Energy consumption Peak demand Jan 245000 Feb 405387 1743 March 602784 2890 April 515908 2290 May 728414 2671 June 793982 3682 July 841419 3764 August 722149 3791 September 893634 3770 October 698576 2258 November 687319 2375 December 591712 2451 1291