kWh Rate Formula:
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Definition: This calculator determines the cost per kilowatt-hour (kWh) of electricity based on your total cost and energy consumption.
Purpose: It helps consumers understand their actual electricity rate, which is useful for comparing utility rates or evaluating energy efficiency.
The calculator uses the formula:
Where:
Explanation: The total cost is divided by the total energy consumption to determine the rate per kWh.
Details: Understanding your actual kWh rate helps with budgeting, comparing utility providers, and evaluating the cost-effectiveness of energy efficiency improvements.
Tips: Enter your total electricity cost (from your bill) and your total energy usage in kWh (also from your bill). Both values must be greater than 0.
Q1: Where do I find these numbers on my bill?
A: Look for "total amount due" for cost and "kilowatt-hours used" or "kWh" for energy usage.
Q2: Why is my calculated rate different from my utility's advertised rate?
A: Your actual rate includes all fees, taxes, and surcharges that aren't part of the base rate.
Q3: Should I use the bill for one month or one year?
A: For most accurate results, use a full billing cycle (typically one month). For long-term analysis, you could use annual figures.
Q4: How can I reduce my kWh rate?
A: While you can't directly change the rate, using less energy during peak times (if on time-of-use plan) or switching providers may help.
Q5: Does this work for solar or net metering customers?
A: For net metering, use your net consumption (total kWh used minus kWh sent to grid) and your net cost.