Electricity Cost Formula:
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Definition: This calculator estimates the electricity cost in Philippine Pesos based on appliance wattage, usage time, and current electricity rate.
Purpose: It helps Filipino households and businesses estimate their electricity expenses for better budgeting and energy conservation.
The calculator uses the formula:
Where:
Explanation: The formula converts watts to kilowatt-hours (kWh) then multiplies by the current electricity rate to get the cost.
Details: Understanding electricity costs helps in budgeting, identifying energy-hungry appliances, and making informed decisions about energy usage.
Tips: Enter the appliance wattage (check label or manual), usage time in hours, and current electricity rate (default 9.50 PHP/kWh). All values must be > 0.
Q1: What's the current electricity rate in the Philippines?
A: As of 2023, rates average 9.50 PHP/kWh but vary by provider and location. Check your Meralco bill for exact rates.
Q2: How do I find my appliance's wattage?
A: Check the appliance label, manual, or manufacturer website. Alternatively, use a wattage meter for accurate measurement.
Q3: Does this include all charges on my bill?
A: No, this calculates only energy consumption cost. Your actual bill includes additional fees like distribution charges and taxes.
Q4: How can I reduce my electricity costs?
A: Use energy-efficient appliances, turn off unused devices, utilize natural light, and maintain appliances properly.
Q5: What's the difference between watts and kilowatt-hours?
A: Watts measure power (energy per second), while kilowatt-hours measure energy consumption over time (power × time).