How Much Does 1 Kilowatt Hour Of Electricity Cost

Wattage x hours used 1000 x price per kwh cost of electricity for example let s say you leave a 100 watt bulb running continuously 730 hours a month and you re paying 15 kwh.

How much does 1 kilowatt hour of electricity cost.

Calculate the total lighting cost by multiplying the kilowatt hours used by the cost per kwh. Your electricity supplier uses this unit to determine the amount of money to charge you on your electricity bill. Households pay about 12 cents kwh but it varies widely across the country to use a simplified example if you used 1000 kilowatt hours of electricity and your monthly bill is an. Different places have different generation methods costs transmission costs legal and regulatory and financial costs.

According to the cru the average dual fuel customer uses 4 200 kwhs of electricity and 11 000 kwhs of gas per year. Electricity cost calculator the calculations are based on the device wattage and electricity price per kilowatt hour kwh that your local utility company charges. How much electricity does a kilowatt hour represent. Price kwh cost per kwh.

The average price a residential customer in the united states pays for electricity is 13 31 cents per kwh. The wattage is often listed on your electrical devices. Electricity bill calculation energy consumption calculation. The energy e in kilowatt hours kwh per day is equal to the power p in watts w times number of usage hours per day t divided by 1000 watts per kilowatt.

The national average cost for electricity is 12 per kilowatt hour. In alberta most people are paying about 3 8 cents per kwh plus associated tran. A 2010 study by the japanese government pre fukushima disaster called the energy white paper citation needed concluded the cost for kilowatt hour was 49 for solar 10 to 14 for wind and 5 or 6 for nuclear power. One kwh equals 1000 watts of electricity used within one hour.

E kwh day p w t h day 1000 w kw electricity cost calculation. Generally small households that use relatively less energy can consume around 2000kwh of electricity per year. Every electric company charges a different rate for electricity and those rates may vary month to month. Your cost to run the bulb all month is 100 x 730 1000 x 15 10 95.

The average electricity rate is 13 19 cents per kilowatt hour kwh. The wattage is the amount of the electrical power required by an appliance or device in watts kilowatts or megawatts.