Senior Fellow in Electrical Engineering. If the rate being charged for electricity is 10 cents[3] per kilowatt hour, then running the 100-watt bulb for one hour would cost 0.10 kWÂ·h Ã $0.10/kWÂ·h = $0.01, or on â¦ e cent.
At closing, there would be a credit due to the seller for this oil. Your attorney can best summarize the probable amount of these costs. The fourth and most misunderstood area of closing costs is the prepaid, or reserve items category.t closing, there would be a credit due to the seller for this oil. Your attorney can best summarize the probable amount of these costs. The fourth and most misunderstood area of closing costs is the prepaid, or reserve items category.
When you close on the house, the terms escrow and reserve are really synonymous, since there have not been any payments yet made for taxes and insurance yet. Instead, the lender sets up the escrow account by setting the reserve at 14 months (in most cases) of payments toward insurance and taxes.