Comparing Watts/Price over 30 days/Electrical Bill

I'm trying to gauge how accurate this Belkin monitoring device is. Right now I'm registering about 315 watts. If I switch to "$ over 30 day" mode, it says, $7.91, and 365 days at $96.30. Now I'm just wanting to see how accurate that is based on my most recent electrical bill. I live in Santa Maria, California 93458.

So on with the pictures!

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So basically again, how accurate is this Belkin device in relation to a real electrical bill, and is it within the realm of reasonable / realistic, or is it way off? I just hope to come out of this forum thread smarter and better able to understand the damned thing, lol. Thanks.

Yes, I have a dark Jedi in my home. His ship is currently at Pep Boys getting new brake pads.
 
Well... comprehension is kinda choppy... it looks like the 315 watts could range from $8 a month at the lowest rate, to $23 a month at the highest rate. I have more investigating to figure out where the other $50 of the $70ish total amount above last month's billing period.

I should have just made my own notes in notepad. :p
 

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