Calculate my energy bill if I switched from gas to electric: Is the Money-Savvy Choice!

Switching from gas to electric can have a significant impact on your energy bill. By considering the volume of gas used, the gas price per kWh, and the electricity price per kWh in your area, we can calculate the potential cost difference.

For instance, if you used 100 m3 of gas in a month, with a gas price of 0.05€ per kWh and an electricity price of 0.15€ per kWh, the calculations indicate that you would spend 113.07€ more per month by making the switch.

It is crucial to note that these calculations serve as an estimate, and actual costs may vary depending on your location and consumption habits. By carefully considering these factors, you can make an informed decision about switching to electric and understand the potential impact on your energy bill.

Feel confident about exploring the possibilities and assessing the financial implications when it comes to transitioning from gas to electric.

Calculate my energy bill if I switched from gas to electric

To calculate your energy bill if you switched from gas to electric, you need to know the following information:

  • The volume of gas used in cubic meters (m3).
  • The price of gas per kWh in your area.
  • The price of electricity per kWh in your area.

You can use the following formula to convert gas m3 units to kWh:

Gas kWh=Gas m3×1.02264×40.0÷3.6Gas kWh=Gas m3×1.02264×40.0÷3.6

Then, you can multiply the gas kWh by the gas price per kWh to get the gas cost. Similarly, you can multiply the gas kWh by the electricity price per kWh to get the electric cost. The difference between the two costs is the amount you would save or spend by switching from gas to electric.

For example, suppose you used 100 m3 of gas in a month, and the gas price per kWh is 0.05€, and the electricity price per kWh is 0.15€. Then, using the formula above, you can calculate the gas kWh as follows:

Gas kWh=100×1.02264×40.0÷3.6=1130.71Gas kWh=100×1.02264×40.0÷3.6=1130.71

The gas cost would be:

Gas Cost=1130.71×0.05=56.54€Gas Cost=1130.71×0.05=56.54€

The electric cost would be:

Electric Cost=1130.71×0.15=169.61€Electric Cost=1130.71×0.15=169.61€

The difference between the two costs is:

Difference=169.61−56.54=113.07€Difference=169.61−56.54=113.07€

This means that you would spend 113.07€ more per month by switching from gas to electric. Of course, this is just an example, and the actual prices and usage may vary depending on your location and consumption. You can use the electric vehicle calculator to compare the costs of different types of vehicles, including electric ones. I hope this helps you make an informed decision. 😊