In what units are household electricity bills measured?
Units of energy unit used for everyday electricity, particularly for utility bills, is the kilowatt-hour (kWh); one kWh is equivalent to 3.6×10 J (3600 kJ or 3.6 MJ). Electricity usage is often given in units of kilowatt-hours per year (kWh/yr). This is actually a measurement of average power consumption, i.e., the average rate at which energy is transferred. One kWh/yr is about 0.11 watts. Natural gas in the US is sold in Therms or 100 cubic feet (100 ft = 1 Ccf). One Therm is equal to about 105.5 megajoules. In Australia, natural gas is sold in megajoules. In the most of the
Household electricity approach Household electricity approach The Household Electricity Approach to measuring the size of the underground economy or black market of a country exploits the presumed relationship between household electrical consumption and a country's GDP. It assumes that undeclared economic activity still needs to use resources, such as electricity, to function. Since electricity consumption is generally well known it can be used as an indicator of economic activity that is not otherwise declared. The household electricity approach was developed by Maria Lacko as a method to determine the size of the hidden economy in a country. Lacko’s primary focus within this approach