Electricity Cost Formula:
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Definition: This calculator estimates electricity costs based on energy consumption in kWh and the current Meralco rate per kWh.
Purpose: It helps consumers estimate their electricity bills based on projected usage and current rates.
The calculator uses the formula:
Where:
Explanation: The energy consumption is multiplied by the rate per kWh to calculate the total electricity cost.
Details: Accurate cost estimation helps with budgeting and identifying potential energy savings opportunities.
Tips: Enter your energy consumption in kWh and the current Meralco rate (default 11.5 ₱/kWh). All values must be > 0.
Q1: What's the current Meralco rate?
A: As of 2025, the estimated rate is 10-13 ₱/kWh (default 11.5 ₱/kWh). Check your bill for exact rates.
Q2: Does this include all charges on my bill?
A: No, this calculates only the energy charge. Your actual bill includes additional fees and taxes.
Q3: How do I find my energy consumption?
A: Check your previous electricity bills or use a kWh meter to measure appliance usage.
Q4: Why does the rate vary?
A: Rates change monthly based on generation charges, transmission costs, and other factors.
Q5: How can I reduce my electricity costs?
A: Use energy-efficient appliances, turn off unused devices, and consider shifting usage to off-peak hours.