Electricity Cost Formula:
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This calculator helps you determine how much it costs to run an electrical appliance based on its power consumption (in watts), how long it's used (in hours), and your electricity rate (in £ per kWh). It's particularly useful for UK residents to estimate their electricity bills.
The calculator uses the following formula:
Where:
Explanation: The formula first converts watt-hours to kilowatt-hours (by dividing by 1000), then multiplies by the cost per kilowatt-hour to get the total cost.
Details: Electricity in the UK is typically charged per kilowatt-hour (kWh). The average UK electricity price is around £0.34 per kWh (as of 2023), but this can vary by supplier and tariff.
Tips:
Q1: What's the difference between watts and kilowatts?
A: 1 kilowatt (kW) = 1000 watts (W). We convert to kWh because that's how electricity is billed.
Q2: How can I find my exact electricity rate?
A: Check your energy bill or contact your supplier. Rates vary by tariff and region.
Q3: Why does my actual bill differ from the calculation?
A: This calculator doesn't account for standing charges, VAT, or other fees on your bill.
Q4: How accurate is this for devices that cycle on/off?
A: For devices like fridges, use their average consumption rather than maximum wattage.
Q5: Can I use this for solar panel calculations?
A: Yes, you can use it to estimate savings by comparing appliance costs with your solar generation.