Answer :
Final answer:
The answer discusses the cost difference between utilities for a home versus an apartment, the largest component of a utility bill, and how equal billing aids in monthly budgeting.
Explanation:
Utilities for a home vs. apartment: The average cost of utilities for a home is generally higher than for an apartment due to the larger living space and potentially higher energy consumption in a house.
Largest part of the monthly utility bill: The bill for electricity typically accounts for the largest portion of a monthly utility bill for many households.
Equal billing for budgeting: Equal billing, also known as budget billing, allows you to pay a fixed amount each month based on your average yearly energy usage, helping you budget consistently without seasonal fluctuations affecting your bills.
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