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Additional Info - Estimating Meter Reads

From the New Meter Reading window, you can use e-automate to estimate a meter reading if sufficient history exists on which to base the estimate. If you set Meter source to Estimated, e-automate enables the [Estimate] button. If you enter a future date in the Date field, e-automate defaults Meter source to Estimated and enables the [Estimate] button. If you then click [Estimate], e-automate attempts to estimate a meter reading as follows:

E-automate checks to see if usage history exists for the meter during the previous 3-months (3 mo.) on which to base an Average Monthly Usage for the meter (e.g., 3 mo.: 1,671, where "1,671" represents the Average Monthly Usage based on the preceding 3 months of usage history).

Note: If this average is not available, e-automate displays a message indicating the meter cannot be estimated because insufficient history exists on which to base the estimate.

E-automate identifies the last known meter reading and date (e.g., Previous Meter Reading: 575,232 on 1/6/2016).

E-automate calculates the Average Daily Usage by dividing the Average Monthly Usage (e.g., 1,671) by the Average Number of Days per Month (30.25).
Average Daily Usage = 1,671 / 30.25 = 55.2397

E-automate then calculates the Meter Reading Coverage Period by determining the number of days from the last valid meter reading in the meter history (e.g., From Previous Meter Date: 1/6/2016) to the Date in the New Meter Reading window (e.g., New Meter Reading window Date: 4/6/2016).
Meter Reading Coverage Period = Date Difference between 1/6/2016 and 4/1/2016 = 91 Days.

E-automate then calculates the estimated Meter Usage for this period by multiplying the average daily usage (55.2397) by the number of days (e.g., 91) in the period.
Meter Usage = 55.2397 * 91 = 5,027 (rounded)

Finally, e-automate calculates the estimated meter by adding the estimated meter usage (e.g., 5,027) to the previous meter reading (e.g., 575,232).
Estimated Meter = 575,232 + 5,027 = 580,259

Note: To see the calculations, click [More info] (see below for meter estimate details for this example).

Note: The example above assumes that there are not meters in the future beyond the date in the New Meter Reading window, you are estimating a meter between two known meters and dates. If there are meters after the form date the calculation will be different.