1. What is an Electric Cost Calculator for UK?

Definition: This calculator estimates the cost of electricity based on usage in kilowatt-hours (kWh) and the price per kWh.

Purpose: It helps UK households and businesses understand and predict their electricity expenses.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• \( Cost \) — Total electricity cost in pounds (£)
• \( kWh \) — Electricity consumption in kilowatt-hours
• \( \text{Price per kWh} \) — Cost per unit of electricity in £/kWh

Explanation: The electricity usage is multiplied by the unit price to calculate the total cost.

3. Importance of Electricity Cost Calculation

Details: Understanding electricity costs helps with budgeting, comparing energy tariffs, and identifying potential savings.

4. Using the Calculator

Tips: Enter your electricity usage in kWh and the price per kWh (default £0.34, the UK average). All values must be > 0.

5. Frequently Asked Questions (FAQ)

Q1: Where can I find my kWh usage?
A: Check your electricity bill or smart meter - it will show your consumption in kWh.

Q2: What's the current UK average electricity price?
A: As of 2023, the average is about 34p (£0.34) per kWh, but this varies by supplier and tariff.

Q3: Does this include standing charges?
A: No, this calculates usage costs only. Add your daily standing charge separately for total bill.

Q4: How can I reduce my electricity costs?
A: Consider energy-efficient appliances, switching suppliers, or using appliances during off-peak hours.

Q5: Is VAT included in this calculation?
A: If your price per kWh already includes VAT (typically 5%), then yes. Otherwise, multiply result by 1.05.