Savings Formula:
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The British Gas Savings Calculator helps you calculate potential savings when switching to more energy-efficient solutions. It computes the monetary savings based on your old and new energy consumption and the cost per kWh.
The calculator uses the savings formula:
Where:
Explanation: The formula calculates the difference in energy consumption and multiplies it by the cost per unit to determine total savings.
Details: Calculating energy savings helps households and businesses understand the financial benefits of energy efficiency measures, encouraging sustainable practices and cost reduction.
Tips: Enter your old and new energy consumption in kWh, and the current cost per kWh in £. All values must be non-negative 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 electricity consumption.
Q2: Where can I find my energy consumption data?
A: You can typically find this information 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 usage patterns and tariff changes.
Q4: Can I use this calculator for gas savings?
A: This calculator is designed for electricity savings. For gas savings, you would need to use appropriate conversion factors for gas units.
Q5: Does this calculator account for standing charges?
A: No, this calculator only calculates savings based on energy consumption. Standing charges would need to be considered separately.