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 ($/kWh) ## How to Calculate an Electric Bill? The following example problems outline how to calculate Electric Bill. Example Problem #1: 1. First, determine the total energy usage for the period (kWh). • The total energy usage for the period (kWh) is given as: 1400. 2. Next, determine the average price of electricity ($/kWh).
• The average price of electricity ($/kWh) is provided as: .24. 3. Finally, calculate the Electric Bill using the equation above: EB = E * CE The values given above are inserted into the equation below and the solution is calculated: EB =1400*.24 = 336 ($)

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 = ?