Average Electricity Bill Calculator

Calculate Average Monthly Electricity Bill



Formula

The formula to calculate the average monthly electricity bill is:

\[ \text{AEB} = \frac{\text{AEU} \times \text{ACE}}{12} \]

Where:

Average Monthly Electricity Bill Definition

The average monthly electricity bill is calculated by dividing the total yearly bill by 12.

Example Calculation 1

Let's assume the following values:

Using the formula:

\[ \text{AEB} = \frac{12000 \times 0.15}{12} = 150 \]

The average monthly electricity bill is $150.

Example Calculation 2

Let's assume the following values:

Using the formula:

\[ \text{AEB} = \frac{8000 \times 0.20}{12} = 133.3333 \]

The average monthly electricity bill is $133.3333.