What is $31/MWh?

$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?

Imagine your toy car uses just a tiny bit of energy to zoom around the room. A megawatt hour is a lot more than that. It’s like if you had 1,000 toy cars all zipping around at once, that's a megawatt, and for an hour, it's 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.

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Examples

  1. Imagine buying a bag of chips for $31, but you only get one chip, that's like paying $31 per megawatt-hour.
  2. If your house uses 100 megawatt-hours of energy in a month, it would cost about $3,100 at this rate.
  3. Think of it as the price for enough electricity to power a small town for an hour.

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