How to Use This Calculator
- Enter your monthly electricity consumption in kWh. This can usually be found on your electricity bill.
- Enter your electricity rate per kWh. This is the cost charged for each kilowatt-hour of electricity you use.
- Enter your standing charge if applicable. This is a fixed monthly charge regardless of your consumption.
- Click the "Calculate" button to see your estimated monthly electricity cost.
Understanding Electricity Bills
Your electricity bill typically consists of two main components:
- Energy Cost: Based on your actual electricity consumption (measured in kWh).
- Standing Charge: A fixed monthly fee charged by your utility company.
Example Calculation
Suppose your monthly consumption is 500 kWh, your electricity rate is $0.15/kWh, and you have a standing charge of $20.
Energy Cost: 500 kWh × $0.15/kWh = $75
Total Cost: $75 + $20 = $95