Mihsaba›Finance›Time-of-Use Electricity Cost Calculator

Time-of-Use Electricity Cost Calculator

Calculate peak and off-peak electricity cost plus weighted average price.

Starting values are an editable worked example.

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How to use

  1. Enter Peak kWh.
  2. Enter Peak price/kWh.
  3. Enter Off-peak kWh.
  4. Enter Off-peak price/kWh.
  5. Calculate, then review power, price and period before comparing.

How it is calculated

Total = peak kWh × peak price + off-peak kWh × off-peak price

Example

200 kWh at 0.25 costs 50 and 400 kWh at 0.12 costs 48; total cost is 98 with an average of about 0.1633 per kWh.

Important notes

Make sure the peak and off-peak periods in your tariff match the consumption data. Unclassified hours may require a third tariff period.

Worked examples and interpreting results

Worked examples and interpreting results
CaseCalculationResult
Peak cost200 × 0.2550
Off-peak cost400 × 0.1248
Total50 + 4898
Average price98 ÷ 6000.163333

Frequently asked questions

Is the average a new tariff rate?

No. It is the weighted average of the consumption you entered across the two prices.

Is the result an actual utility bill?

No. It is a calculation from your usage, price and inputs; real tariffs, taxes and fixed fees may add other items.

How can I improve accuracy?

Use measured or device-specific power and usage plus the actual electricity price for the same period.