Learn more about how to calculate your electricity bill for effective financial planning.
Steps to calculate an electricity bill
Calculating the electricity bill is important to pay the correct amount of bill generated. Understanding how to calculate electricity bill ensures that you can manage your expenses effectively.
In this comprehensive guide, we will break down the process step by step, explain common terms, and explore both manual and online methods for calculating your electricity bill. Additionally, we will highlight how theBajaj Pay Platformsimplifies electricity bill payments.
Common terms used for calculating electricity bill
Before diving into the calculation process, let us familiarise ourselves with some essential terms:
- Meter reading: The recorded consumption of electricity in kilowatt-hours (kWh) from your electricity meter.
- Tariffs: The different electricity prices based on your region and service provider. Tariffs can vary for residential, commercial, and industrial consumers.
- Energy consumption: The total electricity used during a billing cycle, measured in kWh.
Step-by-Step process to calculate electricity bill online
1.Meter reading:
- Read your electricity meter to note down both the previous month’s and current month’s readings.
- Most modern meters display consumption in kilowatt-hours (kWh).
2.Calculating electricity consumption:
- Subtract the previous month’s reading from the current month’s reading to determine the overall electricity consumption (in kWh).
3.Understanding tariffs:
- Check your electricity service provider’s website or customer care helpline for tariff rates specific to your area.
- Tariffs may vary based on consumer type (residential, commercial, or industrial).
4.Energy consumption calculation:
- Multiply your electricity consumption (in kWh) by the applicable tariff rate per unit
- Formula: Electricity Cost = Electricity Consumption (kWh) x Tariff Rate per unit.
- For example, if your previous meter reading was 1200 kWh and your current reading is 1400 kWh, your energy consumption is 200 kWh (1400–1200). If the tariff rate is ₹6 per kWh, your total energy consumption cost is ₹200x6 = ₹1200.
5.Additional charges and taxes:
- Apart from energy consumption charges, the electricity board levies a fixed service connection charge every month.
- These charges apply regardless of your actual electricity usage.
Calculate electricity bill amount manually
Let’s illustrate the process with an example:
- Previous month’s metre reading: 1200 kWh
- Current month’s metre reading: 1400 kWh
- Energy consumption: 200 kWh (1400 - 1200)
- Tariff rate: Rs. 6 per kWh
- Total energy consumption cost: Rs. 200 x 6 = Rs. 1200
Bajaj Finserv BBPS Platform: simplifying electricity bill payments
TheBajaj Finserv BBPS Platformoffers a convenient way to pay your electricity bills online.
Here is how it makes the process easier:
- Safe and Secure: The Bajaj Pay platform ensures robust security for your payment details. Your transactions are protected, providing peace of mind.
- Instant Payment: The Bajaj Finserv BBPS Platform ensures quick and seamless transactions without technical glitches.
- Multiple Payment Channels: Choose from debit cards, credit cards, net banking, e-wallets, orUPI for payment.
- Easily Accessible: Pay your electricity bill anytime, anywhere hassle-free.
Calculate electricity bill of other electricity providers in India
Electricityboards bill calculator | ||
TNEB electricity bill calculator | KSEB electricity bill calculator | CESC electricity bill calculator |
UPPCL electricity bill calculator | Torrent electricity bill calculator | DGVCL electricity bill calculator |
Adani electricity bill calculator | WBSEDCL electricity bill calculator | MPEZ electricity bill calculator |
Steps to pay electricity bill online on Bajaj Finserv
You can pay your APDCL electricity bill on the Bajaj Finserv website:
- Visit the Bajaj Finserv website or click on https://www.bajajfinserv.in/
- Go to the ‘ELECTRICITY BILL PAYMENT’ under the ‘PAYMENTS’ section
- Click on ‘PAY NOW’
- Select ‘ASSAM POWER DISTRIBUTION COMPANY LIMITED (APDCL)’ as your electricity board from the drop-down menu
- Enter your ‘CONSUMER NUMBER’ and click on ‘FETCH BILL'
- Select a payment method from the list of available payment options such as credit card, debit card, UPI, e-wallets, and net banking
- After choosing your preferred payment mode, enter the requested payment details
- Check the details you entered and click on 'PAY NOW’
Conclusion
Understanding how to calculate electricity bill empowers you to manage your expenses efficiently. Whether you choose manual calculations or use online platforms like Bajaj Pay staying informed ensures smoother bill payments.
So go ahead, calculate your bill, and experience the convenience of digital payments.
Recharge and Pay Bills
Mobile Prepaid
- Airtel Recharge
- Jio Recharge
- BSNL Recharge
- Vi Recharge
Mobile Postpaid
- Jio Postpaid
- Airtel Postpaid
- Vi Postpaid
- BSNL Postpaid
Broadband Bill Payment
- Airtel Broadband Bill Payment
Electricity Bill Payment
- UPPCL Bill Payment
- TNEB Bill Payment
- MSEB Bill Payment
- NBPDCL Bill Payment
FASTag Recharge
- HDFC FASTag Recharge
- IndusInd FASTag Recharge
- ICICI FASTag Recharge
- SBI FASTag Recharge
- Airtel FASTag Recharge
Bajaj Finserv app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv App to:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Explore and apply for co-branded credit cards online.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store onEasy EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.
Do more with the Bajaj Finserv App!
UPI, Wallet, Loans, Investments, Cards, Shopping and more
Disclaimer
1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.
2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.
Frequently asked questions
How to calculate 1 unit of electricity?
To calculate 1 unit (kWh) of electricity, multiply the power consumption (in watts) by the time (in hours) it was used, then divide by 1000. Formula: Energy (kWh) = Power (Watts) × Time (hours) / 1000.
How to calculate the bill from meter reading?
To calculate your bill from meter readings, subtract the previous meter reading from the current reading to get the units consumed. Multiply the units by the tariff rate (in Rs/kWh) to determine the cost.
What is the formula for calculating electricity consumption?
The formula for calculating electricity consumption is: Energy (kWh) = Power (kW) × Time (hours).
How do you calculate electricity bill reading?
To calculate the electricity bill from meter readings, multiply the units consumed (difference between current and previous readings) by the tariff rate per unit (in Rs/kWh). Add any fixed charges or taxes as applicable to get the total bill amount.
How can I pay my electricity bill online?
Paying your electricity bills online has become incredibly convenient with the Bajaj Finserv BBPS Platform. Here is how you can do it:
- Visit the Bajaj Finserv BBPS platform and select the electricity bill payment option.
- Enter your consumer number, choose your preferred payment method (such as net banking, credit/debit cards, or digital wallets), and complete the transaction.
What are the accepted payment methods for electricity bills?
Here is a list of the accepts payment methods for electricity bills:
- Net Banking:Most platforms allow free net banking transactions for bill payments.
- Debit/Credit Cards:You can use your cards to pay bills online. However, keep in mind that there might be a convenience fee for credit card payments exceeding a certain amount.
- UPI (Unified Payments Interface):Link your bank account and pay via UPI apps without any additional charges.
Is there a convenience fee for paying my electricity bill online?
If you pay using a credit card and the bill amount exceeds Rs. 500, a convenience fee (gateway charges) may apply. Net banking transactions usually do not incur any fees. Debit cards, UPI, and digital wallets may also be exempt from convenience charges.
How do I calculate my electricity bill?
The first step in calculating your power bill is figuring out how many units (also known as kWh) you used throughout the billing month. You may typically find this information on your meter or previous bills. Then, multiply the number of units used by the applicable rate per unit, which may differ depending on your region and consumption slab. To obtain the final bill amount, other costs like taxes, fuel adjustment fees, or fixed fees must also be included. It is critical to enquire about precise rates and any additional fees that might be applicable from your electricity provider.
How do I calculate my total electric bill?
Start by calculating the total kilowatt-hours (kWh) used during the billing cycle by the rate per kWh to get your total energy bill. After that, include any other costs, such as taxes, service fees, and fixed costs. If the rates for your electricity provider are tier-based on usage, then apply the appropriate rates for each tier. Remember to factor in any discounts, rebates, or penalties. These items are typically shown on your electricity provider's statement, so looking over your bill is a wonderful method to comprehend the breakdown.
How to calculate electricity cost?
Determine each appliance's power usage (measured in kilowatts, kW) and the number of hours it runs each day in order to determine electricity expenditures. To calculate the energy consumed in kilowatt-hours (kWh), multiply the power consumption by the number of hours used. Multiply this amount by the cost per kilowatt-hour that your electricity supplier charges. For example, a 1.5 kW air conditioner uses 7.5 kWh when it runs for five hours every day. The cost per day would be ₹37.5 at a rate of ₹5 per kWh. To calculate the overall cost, repeat for each appliance and add up the amounts.
How much is 200 units of electricity?
200 kWh (kilowatt-hours) of power will cost you according to the rate your electricity supplier charges, which can change based on your location, the time of year, or your usage level. Should your supplier charge ₹5 per kWh, for instance, 200 units would come with a ₹1,000 cost (200 x ₹5). If tiered rates are in place, however, the price can vary depending on how the units fit into various price ranges. The ultimate sum may also be impacted by additional expenses such as fuel surcharges, taxes, or set fees. For a precise estimate, it is best to speak with your neighbourhood electrical supplier.
Show More Show Less
- 00:39 Features and benefits of Bajaj Pay Wallet
- 00:43 What is Wallet UPI?
- 00:45 Why did my UPI transaction fail?
- 00:44 Why do my Bajaj Pay Wallet transactions fail?
© Bajaj Finserv 2007-2024. All rights reserved.
