Electricity Bill Calculator

Wondering how much your next electricity bill will be? Use our free electricity bill calculator to estimate monthly costs based on your energy consumption, tariff rates, and fixed charges. A quick way for households and businesses to plan and manage energy budgets.

Electricity Bill Formula

Total Bill = (Energy Consumption × Rate per kWh) + Fixed Charges + (Taxes % × Subtotal)
Example:
If monthly usage = 500 kWh, Rate = $0.12/kWh, Fixed Charges = $20, Taxes = 5%: Usage Cost = 500 × 0.12 = $60 Subtotal = $60 + $20 = $80 Taxes = 5% × 80 = $4 Total Bill = $60 + $20 + $4 = $84

This formula helps calculate a realistic monthly bill based on consumption and utility provider rates.

How this electricity bill calculator works

Enter your monthly energy consumption, unit rate, and any fixed service charges. The calculator instantly provides your estimated monthly electricity bill, making it easy to budget and compare costs.

When to use this electricity bill calculator

To predict your upcoming monthly electricity bill

To compare the impact of changing appliances or devices

To estimate savings from reducing energy consumption

To plan budgets for households or businesses

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Average Electricity Costs in the U.S.

On average, U.S. households spend $120–$150 per month on electricity. Rates vary by state and provider, typically ranging between $0.10–$0.20 per kWh.

Northeast (e.g., New York, Massachusetts)

$0.22–$0.25 per kWh
net margin

Midwest (e.g., Illinois, Ohio)

$0.13–$0.16 per kWh
net margin

South (e.g., Texas, Florida)

$0.11–$0.13 per kWh
net margin

West (e.g., California, Arizona)

$0.20–$0.24 per kWh
net margin

Knowing your local rate per kWh is essential for accurate estimates.

Frequently Asked Questions

Multiply your units consumed (kWh) by the rate per unit, then add fixed charges.

On average, households consume about 886 kWh per month.

High usage appliances, poor insulation, and seasonal demand often increase bills.

No, taxes and regulatory fees vary by region and are not included.

Yes, just enter your business consumption and rates.

A kilowatt-hour (kWh) is the amount of energy used when a 1,000-watt appliance runs for 1 hour.

Switch to energy-efficient appliances, reduce usage, and monitor peak-hour rates.

Yes, rates differ widely across states depending on energy sources and policies.