How do I find my rate?
Check your electric bill for the listed energy charge, or divide your total energy charge by the total kWh used for an approximate effective rate.
Using 1000 kWh at $0.15 per kWh over 30 days produces an estimated bill of $150.00.
Your average daily usage is 33.3 kWh, with an estimated daily cost of $5.00.
If this pattern continues, the projected yearly electricity cost is about $1825.00.
Cost = Usage (kWh) x Rate ($/kWh)kWhKilowatt-hours usedRatePrice per kWh