Boneyard Tools

kWh Cost Calculator

Enter a number of kilowatt-hours and your electricity rate to see what that energy costs. Tick the daily usage box and it also projects a monthly and yearly bill, using yearly equals daily times 365 and monthly equals the yearly total divided by 12. Costs are shown in US dollars and rounded to the cent.

How to calculate the cost of electricity

  1. Type the amount of energy into the Energy (kWh) field.
  2. Enter your price into the Rate ($/kWh) field, taken from your electricity bill.
  3. Leave the box 'This is my daily usage' ticked to project a month and year, or untick it for a one-off amount.
  4. Read the headline cost, plus the Per month and Per year cards when daily usage is on.
  5. Click Copy result to grab a one line summary of the figures.

Examples

A day of typical household use

30 kWh, $0.15/kWh, daily usage on
$4.50 today, about $136.88 per month and $1,642.50 per year

A one-off block of energy

500 kWh, $0.20/kWh, daily usage off
$100.00, with no monthly or yearly projection shown

A high rate and light daily use

10 kWh, $0.30/kWh, daily usage on
$3.00 today, $91.25 per month and $1,095.00 per year

Frequently asked questions

How do I work out the cost of a kWh?

Multiply the number of kWh by your rate per kWh. At $0.15 per kWh, 30 kWh costs 30 x 0.15 = $4.50. The calculator does this and rounds the answer to the nearest cent.

What is a kilowatt-hour?

A kilowatt-hour is one kilowatt of power drawn for one hour. A 1000 watt heater run for one hour uses exactly 1 kWh, and the same heater run for 30 minutes uses 0.5 kWh.

How are the monthly and yearly totals found?

When you tick daily usage, the yearly figure is the daily cost times 365 and the monthly figure is that yearly total divided by 12. Using 365 divided by 12 gives an average month of about 30.4 days rather than a calendar month.

Where do I find my rate per kWh?

It is on your electricity bill, often labelled as the energy charge, supply rate or price per unit. Divide the energy portion of the bill by the kWh used if it is not stated directly.

Does it use a specific currency?

The results are formatted as US dollars, but the math is just amount times rate. Enter your rate in whatever currency you pay and read the number as that currency.

How many kWh does a home use per day?

A typical home uses roughly 20 to 30 kWh per day, though it varies widely with home size, climate, heating type and appliances. Check a recent bill and divide the total kWh by the number of days it covers.

Why is my actual bill higher than this estimate?

Bills often add fixed daily charges, delivery or network fees, taxes, tiered rates and time of use pricing. This tool covers the plain energy charge at one flat rate, so it is a floor rather than a full bill.

What values are allowed?

Both the energy and the rate must be greater than zero. A blank, zero or negative entry shows a prompt to enter a positive amount instead of a cost.

Is my data kept private?

Yes. The calculation runs in your browser and nothing you enter is uploaded, so your usage and rate stay on your device.

Learn more

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