Question: what is a 40 multiplier on my meter?
Answer: Some meter readings require a meter multiplier to determine the actual demand value and/or the total kWh consumption. This “multiplier” is displayed on the face of the meter and is usually preceded by an X (example, X 40). ... Example: 00.71 (kW read in figure B) multiplied by 40 (meter multiplier) = 28.4 kW billed.