How to Calculate Electricity Costs: A Comprehensive Guide for Households and Businesses

Well, here's the basic equation everyone should know: Electricity Cost = Usage (kWh) × Rate ($/kWh). Let's break this down with a real-world example. If you use 300 kWh monthly at $0.12/kWh, your bill would be $36. But wait, no... actual calculations often get more complicated than this simple multiplication. [2024-02-06 20:17]