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Martha's Blog

Using psychology to make better choices with money.

Energy Costs Estimator - how much do my electrical appliances cost to run?

The cost of living crisis is hitting everyone and energy costs are at the biggest worry for many people. Although prices per unit have now been capped, the way this has been communicated to people is confusing and unhelpful.

Many people are concerned about how much they will have to pay for their electricity and they want to know what to cut back. Knowing how much electrical appliances cost to run can help you make an informed decision about using them.

Martin Lewis from Money Saving Expert tweeted this helpful advice about calculating approximate energy costs for your appliances.

Tweet from Martin Lewis @MartinSLewis

This advice is great, but I know many people don’t want to do their own maths, so I’ve put together a quick spreadsheet to do it for you. You can download the sheet for free here with no sign up or other conditions. Just click the button and it’s yours.

I hope you find it useful. If so, I’d really appreciate it if you would share this post far and wide so others can benefit too.

The estimator only calculates a rough estimate of costs, so don’t rely on it to estimate your bills. Please read your meter regularly and contact your supplier to ensure your bills are correct.

If you believe there is an issue with your billing, please contact your supplier. If they cannot help or you aren’t happy with their response please contact the Citizens Advice Consumer Helpline on 0808 223 1133.

They also have online chat specifically for energy problems.