Cost Formula:
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Definition: This calculator converts energy consumption in kilowatt-hours (kWh) to cost in Philippine pesos using Meralco's electricity rates.
Purpose: It helps consumers estimate their electricity bills based on their energy usage and current Meralco rates.
The calculator uses the formula:
Where:
Explanation: The energy consumption is multiplied by the current Meralco rate to calculate the total electricity cost.
Details: Understanding your electricity costs helps with budgeting, identifying energy-saving opportunities, and verifying your monthly bill.
Tips: Enter your energy consumption in kWh and the current Meralco rate (default 11.0 ₱/kWh). All values must be > 0.
Q1: What's the typical Meralco rate?
A: Meralco rates typically range between 10-12 ₱/kWh, varying monthly based on generation charges and other factors.
Q2: Where can I find my exact kWh consumption?
A: Check your Meralco bill or electric meter for your exact kWh usage.
Q3: Does this include all charges on my bill?
A: No, this calculates only the energy charge. Your actual bill includes additional fees like distribution charges, taxes, and other adjustments.
Q4: How often does the Meralco rate change?
A: Rates typically change monthly based on generation costs and other factors.
Q5: Why is my actual bill different from this calculation?
A: Your bill includes fixed charges, taxes, and other fees not accounted for in this basic calculation.