Enter the total energy usage for the period (kWh) and the average price of electricity ($/kWh) into the Electric Bill Calculator. The calculator will evaluate and display the Electric Bill.
Electric Bill Formula
The following formula is used to calculate the Electric Bill.
EB = E * CE
- Where EB is the Electric Bill ($)
- E is the total energy usage for the period (kWh)
- CE is the average price of electricity ($/kWh)
How to Calculate an Electric Bill?
The following example problems outline how to calculate Electric Bill.
Example Problem #1:
- First, determine the total energy usage for the period (kWh).
- The total energy usage for the period (kWh) is given as: 1400.
- Next, determine the average price of electricity ($/kWh).
- The average price of electricity ($/kWh) is provided as: .24.
- Finally, calculate the Electric Bill using the equation above:
EB = E * CE
The values given above are inserted into the equation below and the solution is calculated:
EB =1400*.24 = 336 ($)
Example Problem #2:
For this problem, the variables needed are provided below:
total energy usage for the period (kWh) = 6000
average price of electricity ($/kWh) = .50
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
EB = E * CE = ?
