Energy Bill Math

Utility bill guide

How to find your electricity rate

Your provider, plan, season, and time of use can all change the price of electricity. Use a rate from your own bill for a more relevant estimate.

Start with the bill’s rate section

Look for a line measured in cents per kilowatt-hour, ¢/kWh, or $/kWh. A rate shown as 17 cents per kWh should be entered into our calculators as $0.17/kWh. Move the decimal two places to convert cents to dollars.

Why one bill may show several rates

Some providers separate generation, transmission, delivery, fuel adjustments, and other usage-based charges. Others use tiers, seasonal prices, or time-of-use periods. There may not be one printed number that represents every kilowatt-hour.

Calculate an effective rate

When the bill is complicated, divide the usage-based portion of the bill by total kWh. For example, $136 of usage-based charges divided by 800 kWh equals $0.17/kWh.

Effective usage rate = usage-based charges ÷ total kWh

Do not automatically include fixed customer or service charges when estimating savings. Those charges may remain even if electricity use falls. Our electricity bill estimator provides a separate field for fixed charges.

Which rate should you use for savings?

Use the rate that applies to the electricity you expect to avoid. This is sometimes called the marginal rate. A bill-wide effective rate is a convenient estimate, but it may overstate savings if it includes fixed charges or understate them if the avoided usage falls in a higher-priced tier.

Check the result

Compare the calculator’s estimated energy charge with a recent bill. A small difference can come from taxes, credits, rounding, rate changes, and charges our calculators do not model. Keep the original bill available so you can verify every input.