$31/MWh means you pay 31 dollars for every megawatt hour of electricity you use, it’s like buying candy by the bag, but instead of candy, it's energy.
How much is a megawatt hour?
Why does it matter?
If your house uses about 30 megawatt hours in a month, and electricity costs $31/MWh, you'd pay $930 for that energy, like buying 930 candy bars every month!
So, $31/MWh is just the price tag on how much energy you use, and it helps grown-ups decide if they want to turn off the lights or keep playing with their toys.
Examples
- Imagine buying a bag of chips for $31, but you only get one chip, that's like paying $31 per megawatt-hour.
- If your house uses 100 megawatt-hours of energy in a month, it would cost about $3,100 at this rate.
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See also
- What is electric?
- What are power systems?
- What is electricity? - Electricity Explained - (1)?
- What is 5,000 kilowatt-hours?
- What are electrical resistance losses?