Electricity Cost Calculator UK

Last updated: April 2026

Wondering how much it costs to run your kettle, heater or any other electrical appliance? Our free electricity cost calculator uses the latest Ofgem price cap rate of 24.5p per kWh to give you an accurate breakdown of running costs per use, per day, per week, per month and per year. Simply enter the wattage of your appliance, how long you use it each day and how many days per week it runs. The calculator does the rest instantly.

Understanding your electricity costs is the first step towards cutting your energy bills. With UK households spending an average of over £800 a year on electricity alone, even small changes in usage habits can add up to meaningful savings. Whether you are comparing the cost of running a tumble dryer versus a heated airer, or checking whether it is cheaper to use a microwave or an oven, this tool gives you the figures you need. All rates are pre-filled with the current Ofgem cap, but you can enter a custom unit rate if you are on a fixed tariff or economy meter.

Electricity Running Cost

Per use
Daily
Weekly
Monthly
Annual

Costs are based on the unit rate entered and do not include VAT (already included in Ofgem cap rates) or standing charges.

Formula: Cost = (Wattage ÷ 1,000) × Hours × Unit Rate (p/kWh). Weekly = daily × days per week. Monthly = weekly × 4.33. Annual = daily × (days/7) × 365.

How UK Electricity Costs Are Calculated

Every electrical appliance has a power rating measured in watts (W). To work out the running cost, you convert watts to kilowatts by dividing by 1,000, then multiply by the number of hours you use the appliance. This gives you the energy consumed in kilowatt-hours (kWh). Multiply the kWh figure by your electricity unit rate and you have the cost in pence. For example, a 3,000W kettle used for 5 minutes consumes 0.25 kWh, costing around 6p at the current Ofgem cap rate.

The Ofgem energy price cap, updated quarterly, sets the maximum unit rate and standing charge that suppliers can charge customers on standard variable tariffs. As of April 2026, the cap stands at 24.5p per kWh for electricity. You can check the latest cap rates directly on the Ofgem website.

Electricity meter showing energy usage in a UK household

Tips to Reduce Your Electricity Bills

Small behavioural changes can make a surprisingly large difference. Only boiling the water you need, switching to LED bulbs, using a washing machine at 30 degrees and avoiding standby power drain are all easy wins. If you are on a time-of-use tariff such as Economy 7, running high-consumption appliances overnight can cut costs significantly.

For a broader view of your household energy spending, try our appliance running cost calculator to compare multiple devices side by side, or use the gas usage calculator to see how your gas and electricity bills stack up against each other.

Understanding Your Energy Bill

Your electricity bill is made up of two main charges: the unit rate (cost per kWh of electricity you use) and the standing charge (a fixed daily fee for maintaining your grid connection, currently 61.64p per day). Even if you use no electricity at all, you still pay the standing charge. Understanding this split helps you identify whether your high bills are driven by consumption or simply by the fixed costs of being connected to the grid.

Multiply the appliance wattage by the number of hours used, divide by 1,000 to convert to kWh, then multiply by your electricity unit rate. For example, a 2,000W heater running for 3 hours at 24.5p/kWh costs: (2,000 ÷ 1,000) × 3 × 24.5p = 147p (£1.47).

The electricity standing charge is a fixed daily fee you pay regardless of how much electricity you use. Under the current Ofgem cap, it is 61.64p per day (roughly £225 per year). This covers the cost of maintaining the grid connection to your home and is charged by all suppliers.

A typical washing machine uses around 500W. Running a single cycle of about 1 hour at the Ofgem cap rate of 24.5p/kWh costs approximately 12.25p per wash. Running one load per day would cost around £3.68 per month or £44.71 per year.

A typical kettle uses around 3,000W and takes about 3 minutes to boil. At 24.5p/kWh, each boil costs roughly 3.7p. If you boil your kettle 5 times a day, that adds up to about 18.4p per day or around £67 per year.

No. The Ofgem price cap only applies to standard variable tariffs and default tariffs in England, Wales and Scotland. If you are on a fixed-rate tariff, your rates may be higher or lower than the cap. Northern Ireland has a separate regulatory framework. You can use the custom rate option in our calculator to enter your exact rate regardless of your tariff type.

This calculator provides estimates for guidance only. Results are based on the figures you enter and the current Ofgem cap electricity unit rate. This is not financial, legal or professional advice. Actual costs may vary depending on your tariff, supplier surcharges and usage patterns. For information on energy tariffs and your rights, visit Ofgem.