Electricity Cost

Introduction to Electricity Cost Calculator

The electricity cost calculator is used to determine the cost of electricity consumption for a certain period. The formula to calculate the cost is Cost = Rate × Usage. Here, Cost represents the total cost of electricity, Rate is the cost per unit electricity, and Usage is the amount of electricity consumed. The result is in the same currency as the rate used.

Parameter usage:

• Rate = cost per unit of electricity
• Usage = amount of electricity consumed

Example valid values:

• Rate = 0.15 (currency/unit)
• Usage = 100 (units)

Output:

• Cost = total cost of electricity

Data validation:

Both Rate and Usage should be non-negative numbers.

Summary

This calculator assists in determining the total cost of electricity consumption based on the usage and rate of electricity.