Energy Cost Formula:
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Definition: This calculator estimates the cost of energy usage based on electricity consumption in kWh and the cost per kWh from British Gas.
Purpose: It helps customers understand and predict their energy bills based on their usage patterns.
The calculator uses the formula:
Where:
Explanation: The energy consumption is multiplied by the unit rate to calculate the total cost.
Details: Understanding energy costs helps with budgeting, comparing tariffs, and identifying potential savings through energy efficiency.
Tips: Enter your energy usage in kWh and the current British Gas rate per kWh (default £0.34). All values must be > 0.
Q1: Where can I find my energy usage?
A: Check your British Gas bill or online account for your kWh consumption.
Q2: What's the current British Gas rate?
A: Rates vary by tariff and region. Check your latest bill or the British Gas website for current rates.
Q3: Does this include standing charges?
A: No, this calculates usage costs only. Add your daily standing charge separately for a complete bill estimate.
Q4: How can I reduce my energy costs?
A: Consider energy-efficient appliances, reducing usage during peak times, and comparing tariffs.
Q5: Is VAT included in this calculation?
A: No, VAT would need to be added separately if applicable to your tariff.