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(E12345) - The name of the Meter
Explanation
Bill Details:
- The Previous reading - the Bill has a Meter reading value of 12345 (previous reading) as as of 1/2/2020 (From date)
- The Present reading - the Bill has a Meter reading value of 15000 (present reading) as as of 28/2/2020 (Reading date)
- Number of days in the bill = 28
Channel Details:
- The nearest date in the Channel to the from date of the bill is 1/2/2020, with a reading of 11000
- The nearest date in the Channel to the to date of the bill is 1/3/2020, with a reading of 12000 (1000 units used in 28 days)
- 1000 units / 28 days = 35.714 units per day between the two best available dates in the Channel
Calculation
35.714 units (the amount of units between dates in the Channel) x 27 (the number of days in the bill) = 964.3 (the predicted advance for the billing period)
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