Electricity Usage Formula:
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Definition: This calculator estimates your electricity usage and cost based on meter readings and your electricity rate.
Purpose: It helps consumers understand their electricity consumption and estimate their bill between meter readings.
The calculator uses the formula:
Where:
Cost Calculation: The cost is calculated by multiplying the usage by your electricity rate.
Details: Regular meter reading calculations help track energy consumption, identify usage patterns, and detect potential billing errors.
Tips: Enter your current and previous meter readings in kWh, and your electricity rate in $/kWh (default 0.12). Current reading must be ≥ previous reading.
Q1: Where can I find my meter readings?
A: Meter readings are typically shown on your electricity meter display or on your utility bill.
Q2: What's a typical electricity rate?
A: Rates vary by location and provider, but the US average is about $0.12-$0.15 per kWh.
Q3: Why is my current reading less than previous?
A: This shouldn't happen with normal meters. Check for meter replacement or possible reading errors.
Q4: How often should I check my meter?
A: Monthly checks help track usage, but checking weekly can help identify unusual consumption patterns.
Q5: Does this include all charges on my bill?
A: No, this calculates only the energy charge. Your actual bill may include fixed fees, taxes, and other charges.