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Cost Per kWh Formula:
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The Cost Per kWh Calculator helps UK consumers determine the price they pay for electricity per kilowatt-hour. This calculation is essential for understanding energy costs, comparing tariffs, and managing household budgets effectively.
The calculator uses a simple formula:
Where:
Explanation: This formula divides your total electricity cost by the amount of energy consumed to determine the price per unit of electricity.
Details: Understanding your cost per kWh is crucial for comparing energy tariffs, identifying potential savings, budgeting accurately, and making informed decisions about energy usage and efficiency improvements.
Tips: Enter your total electricity cost in pounds (£) and your energy consumption in kilowatt-hours (kWh). Both values must be positive numbers. The calculator will compute your cost per kWh.
Q1: What is the average electricity cost per kWh in the UK?
A: As of 2024, the average electricity price in the UK ranges from 24p to 30p per kWh, but this varies by region, tariff type, and payment method.
Q2: How can I find my energy consumption in kWh?
A: Your energy consumption in kWh is shown on your electricity bill. You can also check your smart meter or submit regular meter readings to your supplier.
Q3: Why does my cost per kWh seem higher than the advertised rate?
A: Your total bill includes standing charges, VAT, and other fees that are not part of the unit rate. This calculator gives you the effective rate including all charges.
Q4: How often should I calculate my cost per kWh?
A: It's good practice to calculate this with each bill to monitor changes in your effective rate, especially when considering switching suppliers or tariffs.
Q5: Can I use this for comparing different energy tariffs?
A: Yes, calculating the effective cost per kWh is one of the best ways to compare different energy tariffs and suppliers accurately.