Heating Bill Calculator

Formula

The formula to calculate the Estimated Heating Bill (HB) is:

\[ HB = \frac{P \times U}{1000} \times CE \]

Where:

$HB$ is the estimated heating bill (\$/day)
$P$ is the heater power consumption (Watts)
$U$ is the average usage per day (hours)
$CE$ is the cost of electricity (\$/kWh)

What is Estimated Heating Bill?

The estimated heating bill refers to the cost of operating a heater based on its power consumption, average daily usage, and the cost of electricity. This calculation helps individuals estimate their daily heating expenses and manage their energy costs more effectively.

Example Calculation

Let's assume the following values:

Heater Power Consumption (P) = 1500 Watts
Average Usage per Day (U) = 8 hours
Cost of Electricity (CE) = $0.12/kWh

Using the formula to calculate the Estimated Heating Bill (HB):

\[ HB = \frac{P \times U}{1000} \times CE = \frac{1500 \times 8}{1000} \times 0.12 = 12 \times 0.12 = 1.44 \text{ dollars per day} \]

The Estimated Heating Bill (HB) is $1.44 per day.