Calculate your average monthly electricity bill based on consumption and rate
Learn how to use the Average Electricity Bill Calculator calculator and its working principles
The calculator uses the following simple formula to calculate the average electricity bill:
Average Electricity Bill = Monthly Consumption (kWh) × Rate per kWh ($)
This formula multiplies your electricity consumption by the cost per unit of electricity to give you your estimated monthly bill.
If your monthly electricity consumption is 600 kWh and your rate is $0.18 per kWh, your average monthly bill would be:
600 kWh × $0.18/kWh = $108.00