InovoTools
Calculators

Electricity Cost Calculator: Bill From kWh and Rate

Enter the consumption in kilowatt hours, your rate per kWh and any fixed charges to estimate an electricity bill. Multiply a device's kW by hours of use to get its kWh.

01

Your inputs

Start with the example, or enter your own values.

Processed in your browser. Your inputs stay on this device.

02

Your result

A little clarity, coming right up.

Make room for the answer.

Enter your values and run the tool. Your result will appear here.

How to use the Electricity Cost Calculator

Enter the consumption, rate per kWh and fixed charges and the result appears straight away. Everything runs in your browser, so nothing you type is uploaded.

The formula

Estimated bill = kWh × rate + fixed charges.

Examples

  • 300 kWh at 0.15
    Energy charge: 45
    Fixed charges: 0
    Estimated bill before taxes and other fees: 45
  • 720 kWh at 0.22 plus 12 fixed
    Energy charge: 158.4
    Fixed charges: 12
    Estimated bill before taxes and other fees: 170.4
  • 95 kWh at 0.31
    Energy charge: 29.45
    Fixed charges: 0
    Estimated bill before taxes and other fees: 29.45

Limitations and assumptions

Enter the correct tariff and currency yourself. Does not model tiered tariffs, taxes, fuel adjustments or utility-specific fees.

Frequently asked questions

How do I calculate an electricity bill?

kWh used × rate per kWh, plus any fixed charges.

How do I find a device's kWh?

Watts ÷ 1,000 × hours of use. A 1,500 W heater for 2 hours uses 3 kWh.

Are taxes included?

Add them to the rate or fixed charge.

Where do I find my rate?

On your latest bill, in cost per kWh.