1. What is this Conversion?

This calculator converts energy costs from pounds per megawatt-hour (£/MWh) to pounds per kilowatt-hour (£/kWh). This is a common conversion needed in energy pricing and billing.

2. How Does the Calculator Work?

The calculator uses a simple conversion formula:

Where:

• 1 MWh = 1000 kWh
• The division by 1000 converts the larger unit (MWh) to the smaller unit (kWh)

Explanation: Since there are 1000 kilowatt-hours in 1 megawatt-hour, dividing the MWh cost by 1000 gives the equivalent cost per kWh.

3. Importance of Energy Cost Conversion

Details: Understanding energy costs in per-kWh terms makes them more relatable to everyday electricity use, as most household appliances are rated in watts and kilowatts.

4. Using the Calculator

Tips: Enter the cost per megawatt-hour in pounds. The calculator will automatically compute the equivalent cost per kilowatt-hour.

5. Frequently Asked Questions (FAQ)

Q1: Why convert MWh to kWh?
A: While wholesale energy is often priced per MWh, retail electricity is typically billed per kWh, making this conversion useful for comparing prices.

Q2: What's the typical range for energy costs?
A: Wholesale prices might range from £50-£150/MWh (£0.05-£0.15/kWh), while retail prices are typically higher due to additional charges.

Q3: Does this include all energy costs?
A: This calculates only the raw energy cost. Actual bills include network charges, taxes, and other fees.

Q4: How does this relate to my electricity bill?
A: Your bill's "unit rate" is the cost per kWh. This calculator helps understand how wholesale prices translate to that rate.

Q5: Are there seasonal variations?
A: Yes, energy prices often fluctuate based on demand, weather, and generation mix.