How Much Is An Average Electric Bill?

www.ovoenergy.com The Average Electric Bill.

In 2017, the average residential monthly electric bill was $111.67 in 2017, according to the Energy Information Administration (EIA).

If you break down electric bills to kilowatt per hour, it translates to about 13 cents.

How Much Is the Average Electric Bill?

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How much is an average electric bill 2019?

June 2019 data, the latest available, show that the average U.S. price of 13.34 cents per kilowatt hour (kWh) rose 2.3 percent compared with a year ago.

How do I calculate my electric bill?

Your kWh rate is printed right on your electric bill, and the average daily use is easy enough to figure.

Once you have your data, calculate the cost of use with this formula:

  • Multiply the device’s wattage by the number of hours the appliance is used per day.
  • Divide by 1000.
  • Multiply by your kWh rate.

How much does Utilities cost per month for one person?

Utility Bills 101: Tips, Average Costs, Fees, and More. Unless you live off the grid, most utilities—like electricity, gas, water, garbage, internet, and cable—are going to periodically cost you a buck or two. In fact, the rule of thumb for apartment dwellers is to budget at least $200 per month for utilities.

How much is electricity and gas per month?

For a gas heater, the average monthly cost is $40. Electricity is more costly and could come in at around $160 per month. If you are unsure of what to expect for heating costs, ask the landlord what type of heating is in the apartment and call the utility company and ask for the average monthly bill for that address.