Energy Cost Formula:
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Definition: This calculator estimates the electricity cost based on appliance power, usage time, and current electricity rate.
Purpose: It helps UK residents understand and predict their electricity expenses for specific appliances or devices.
The calculator uses the formula:
Where:
Explanation: The formula converts watts to kilowatts (dividing by 1000) then multiplies by hours and the rate to calculate cost.
Details: Understanding energy costs helps with budgeting, comparing appliance efficiency, and identifying potential savings.
Tips: Enter the appliance power in watts, usage time in hours, and electricity rate (default £0.34/kWh). All values must be > 0.
Q1: What's the current UK electricity rate?
A: As of 2023, the average rate is about £0.34/kWh but check your energy provider for exact rates.
Q2: How do I find my appliance's power rating?
A: Check the label, manual, or specifications - typically shown in watts (W) or kilowatts (kW).
Q3: Does this include standing charges?
A: No, this calculates usage cost only. Standing charges are fixed daily costs from your provider.
Q4: Can I calculate monthly costs?
A: Yes, multiply daily usage hours by 30 or input monthly hours directly.
Q5: Why divide by 1000?
A: This converts watts to kilowatts (1 kW = 1000 W), as electricity is billed per kWh.