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I am sorry to bring you the bad news, but you
are mis-reading their rates.
Commercial and industrial electric rates are typically
broken up in two parts: an energy charge ($ per kWh),
plus a demand charge ($ per kW, which is usually the
15-min interval in the month during which the consumption
was the highest).
The schedule SG energy charge is only $0.00473 per kWh.
However the demand charge is the most significant: $4.84 per kW
(distribution demand) plus $10.96/$8.00 per kW (generation and
transmission for summer/winter) per kW.
So if your consumption is a constant 1 kW during a winter month
(730 hours/month, so 730 kWh total), the energy charge would be
730 * 0.00473 = $3.45, while the demand charge would be
4.84 + 8.00 = $12.84. The total monthly bill would be the sum of
these two: 3.45 + 12.84 = $16.29. Since you consumed a total of
730 kWh, this is equivalent to an overall cost of 16.29/730 =
$0.0223 per kWh, which is far from the $0.004 per kWh you claim.
-mrb