Calculate your average electricity bill based on monthly usage and rates.
Learn how to use the Average Electricity Bill Calculator calculator and its working principles
The calculator uses the following formula to calculate your total electricity bill:
Total Bill = (Monthly Usage × Rate) + Fixed Charges
This formula accounts for both the variable cost based on your usage and the fixed monthly charges.
If your monthly usage is 500 kWh, the rate is $0.15 per kWh, and the fixed charges are $30:
Total Bill = (500 × $0.15) + $30 = $75 + $30 = $105