British Gas Energy Savings Formula:
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The British Gas Energy Savings Calculator helps you estimate potential savings when reducing your energy consumption. It calculates the monetary savings based on your old and new energy usage and the current rate.
The calculator uses the energy savings formula:
Where:
Explanation: The equation calculates the difference between old and new consumption and multiplies it by the current energy rate to determine monetary savings.
Details: Calculating energy savings helps households and businesses understand the financial benefits of energy efficiency measures and make informed decisions about energy consumption.
Tips: Enter old and new energy consumption in kWh, and the current energy rate in £/kWh. All values must be valid positive numbers.
Q1: What units should I use for energy consumption?
A: Energy consumption should be entered in kilowatt-hours (kWh), which is the standard unit for measuring energy usage.
Q2: Where can I find my energy consumption data?
A: Your energy consumption data can typically be found on your energy bills or through your energy provider's online portal.
Q3: How accurate is this savings calculation?
A: The calculation provides an estimate based on the inputs provided. Actual savings may vary based on factors like seasonal variations and changing energy rates.
Q4: Can I use this calculator for both electricity and gas?
A: Yes, as long as you have the consumption data in kWh and the appropriate rate in £/kWh for each energy type.
Q5: What if my new consumption is higher than my old consumption?
A: The calculator will show a negative savings value, indicating increased costs rather than savings.