To calculate the electric bill:
\[ EB = E \times CE \]
Where:
An electric bill is a statement of charges for electrical energy consumed over a given period. It is calculated by multiplying the total energy usage (measured in kilowatt-hours) by the average price of electricity. This calculation is important for managing energy expenses and budgeting.
Let's assume the following values:
Using the formula:
\[ EB = 500 \times 0.12 = 60 \]
The electric bill is $60.
