The formula to calculate the Price Per BTU is:
\[ \text{PPBTU} = \frac{\text{TP}}{\text{BTU}} \]
Where:
Price Per BTU is a measure of the cost efficiency of energy usage. It is calculated by dividing the total price by the total usage in BTUs, providing a cost per unit of energy consumed.
Let's assume the following values:
Using the formula to calculate the Price Per BTU (PPBTU):
\[ \text{PPBTU} = \frac{100}{50000} = 0.002 \text{ dollars per BTU} \]
The Price Per BTU is $0.002 per BTU.