How to Calculate Electricity Bill?

Calculate Electricity Bill:  We all get surprised when we see our electricity bill and think that did I used that much electricity. The company is ripping off my money.  We think that it is really hard and too technical to understand that how much electricity we use every month.

In the article below, we will try to explain in the simplest method so that you can easily calculate that how much each appliance consumes at your home. It will help you to understand how you can calculate the electricity and help you to reduce your monthly bill.

You may use these following steps to predict and calculate electricity bill or of the single appliance. Please remember that this would be a rough estimate and the actual bill may be different as of taxes or other charges which counted in the bill.

Step-1

Check Watts Used by an Appliance

Step-2

Multiple Watts with Number of Hours Used and then by 30 for monthly consumption.

Step-3

Convert Total Watts into Kilowatt Hours (kWh) using this formula Watts/1000.

Step-4

Multiply Total kWh to the Price per Unit charged by Electricity Provider

Example

Let’s assume that you are buying a fridge or have a fridge at home. You want to know how much electricity cost for using it. From looking at the label on the Fridge, you see that it consumes 500 watts. A fridge is used for 24 hours. You Electricity Provider charges you €0.15/ kWh.

1-500 watts X 24 hours = 12,000 Watt/ Hours /Day

2-12,000 x 30 = 360,000 Watts/ Month

3-360,000 Watts ÷ 1000 = 360 kWh/ Month

4- 360 kWh x € 0.15 = €54/ Month

5- €54 x 12 Months = €648/ Year

 

So Your Fridge adds €54 per month and €648 per year to your Electricity Bill.

 

So was it too complicated? Please share your views and opinions. You may send us a message through our Contact Us page.