SOLUTION
Let the electric bill for September be x.
October's bill is $2.65 less than the September bill
This means that October's bill = x - 2.65
September + october bill = $174.65
That means that x + x - 2.65 = 174.65
Now let's find x which is september's bill
So September's bill is $88.65, now each student pays
So each student owe $29.55 for the month of September