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Utility bills
explain the difference between total utility and marginal utility
You can pay your utility bills online, through automatic bank payments, by mail, or in person at the utility company's office or authorized payment locations.
At the utility company supplying power and water to your home.
You should keep utility bills for at least one year before shredding them.
An expense
An expense
You should keep utility bills for at least one year in case you need them for tax or billing disputes.
explain the demerits of diminishing marginal utility
Typically, a new homeowner is not responsible for previous utility bills incurred by the previous owner. However, it is important to clarify this with the utility company and ensure that all bills are settled before taking ownership of the property.
There are various ways one can obtain cheaper utility bills. Some ways in which one can obtain cheaper utility bills are installing energy efficient appliances, shutting of lights or other appliances when not in use, and unplugging devices.
Yes, utility bills can be in joint names, meaning they are under the names of two or more individuals who share responsibility for paying them.