Estimate your monthly & yearly electricity costs
Your electric bill is primarily based on the number of kilowatt-hours (kWh) you consume during the billing period. One kWh equals using 1,000 watts of power for one hour. Your utility company charges a rate per kWh, which may be flat or tiered (higher rates for higher usage).
Seasonal changes (heating in winter, AC in summer), home insulation, appliance efficiency, the number of occupants, and time-of-use pricing all impact your electricity costs. Understanding these factors helps you identify savings opportunities.
Switch to LED lighting (uses 75% less energy), use a programmable thermostat, unplug devices when not in use (phantom loads), upgrade to ENERGY STAR appliances, improve insulation and seal drafts, and consider solar panels for long-term savings.