Energy Cost Conversion:
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The MWh to kWh cost conversion translates energy prices from megawatt-hour (MWh) to kilowatt-hour (kWh) units. This is essential for comparing wholesale energy prices (typically in €/MWh) with retail electricity prices (typically in €/kWh).
The calculator uses a simple conversion formula:
Where:
Explanation: This linear conversion accounts for the different scales of energy measurement while maintaining the same cost per unit energy.
Details: Understanding both MWh and kWh pricing is crucial for energy professionals, consumers comparing tariffs, and anyone analyzing energy markets. Wholesale prices are typically quoted in €/MWh while retail prices are in €/kWh.
Tips: Simply enter the cost per megawatt-hour (€/MWh) and the calculator will instantly provide the equivalent cost per kilowatt-hour (€/kWh). All values must be non-negative.
Q1: Why are energy prices quoted in different units?
A: MWh is used for wholesale/bulk transactions while kWh is used for retail consumer billing as it represents more familiar, smaller quantities.
Q2: How precise should the conversion be?
A: For most purposes, 4-6 decimal places are sufficient when converting €/MWh to €/kWh.
Q3: Does this conversion account for taxes or fees?
A: No, this is a pure unit conversion. Additional costs may apply to retail electricity prices.
Q4: Are there other energy units I should know?
A: Yes, gigawatt-hours (GWh, 1000 MWh) and terawatt-hours (TWh, 1000 GWh) are used for larger scale energy measurements.
Q5: Can I convert kWh to MWh with this?
A: The reverse conversion would be Cost/MWh = Cost/kWh × 1000, but this calculator is specifically designed for MWh to kWh conversion.