Enter the heater power consumption (W), the average usage per day (hrs), and the cost of electricity ($/kWh) into the Estimated Heating Bill Calculator. The calculator will evaluate and display the Estimated Heating Bill. 

Estimated Heating Bill Formula

The following formula is used to calculate the Estimated Heating Bill. 

HB = P * U  / 1000 * CE
  • Where HB is the Estimated Heating Bill ($/day)
  • P is the heater power consumption (W) 
  • U is the average usage per day (hrs) 
  • CE is the cost of electricity ($/kWh) 

How to Calculate Estimated Heating Bill?

The following example problems outline how to calculate Estimated Heating Bill.

Example Problem #1

  1. First, determine the heater power consumption (W).
    • The heater power consumption (W) is calculated to be : 500.
  2. Next, determine the average usage per day (hrs).
    • The average usage per day (hrs) is measured to be: 8.
  3. Next, determine the cost of electricity ($/kWh).
    • The cost of electricity ($/kWh) is found to be: 1.25.
  4. Finally, calculate the Estimated Heating Bill using the formula above: 

HB = P * U  / 1000 * CE

The values given above are inserted into the equation below and the solution is calculated:

HB = 500 * 8  / 1000 * 1.25 = 5.00 ($/day)

Example Problem #2

The variables needed for this problem are provided below:

heater power consumption (W) = 700

average usage per day (hrs) = 8

cost of electricity ($/kWh) = .75

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer. 

HB = P * U  / 1000 * CE = ($/day)