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Electricity Cost Calculator

Calculate the energy consumption and cost of your electrical devices. Estimate daily, monthly, and yearly electricity bills.

How to Calculate Electricity Costs

Understanding kWh and reducing your energy bill

Electricity is measured in kilowatt-hours (kWh). One kWh is the energy used by a 1,000-watt device running for 1 hour. Your electricity bill is the total kWh consumed multiplied by your rate (price per kWh). Cost formula: Cost = Power (kW) × Hours × Price per kWh. A 2,000W electric heater running 5 hours a day at €0.30/kWh: 2 × 5 × 0.30 = €3/day = €90/month. Biggest energy consumers at home: Electric heating/cooling (40–50% of bills), water heater (15–20%), refrigerator (10–15%), washer/dryer (5–10%), lighting (5%). Targeting these has the most impact on bill reduction. Energy labels: EU energy labels range from A (most efficient) to G (least efficient). An A-rated fridge uses roughly half the electricity of a D-rated model. For high-usage appliances, energy efficiency pays back quickly. Smart tips: Run dishwashers and washing machines at night (off-peak rates where applicable), replace incandescent bulbs with LED (75% less energy), unplug devices on standby, and insulate your home — heating losses through walls and windows are the single biggest energy cost for most households.

Frequently Asked Questions

Everything about electricity consumption

kWh (kilowatt-hour) is a unit of electricity consumption. It's the energy used by a 1000-watt device running for 1 hour. Formula: (Watts × Hours) / 1000 = kWh

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