Hi,
I have a spreadsheet that i add data to on a quarterly basis.
I am looking for a formula that will allow me to take the estimate the forthcoming bill based on the averaged rate of increased usage multiplied by the last rate.
Take Electricity Bill for example. [$=(offpeak usage x rate)+(peak usage1 x rate1)+(peak usage2 x rate2)+ (System access charge rate3 x days)]
A1 2008q1 $500
A2 2008q2 $550
A3 2008q3 $555
A4 2008q4 $575
A5 2009q1 $520
A6 2009q2 $560
A7 2009q3 $570
A8 2009q4 $600
A9 2010q1 $600
A10 2010q2 $650
Since the bills are quarterly (seasonal) I am looking for a formula that will use ie 2008q2, 2009q2, 2010q2 used to forcast 2011q2
X= calculate the rate of average rate of increased consumption from each respective quarter.
Y= calculate the rate of average rate of increased cost kw/h from each respective quarter mulitplied by the rate of the last bill entered (in this case 2010q2).
Z= X x Y (Being the estimation of the upcoming bill for that quarter)
Whilst the above calculations are easy to formulate on a static spreadsheet,
How do i create a formula that will look automatically add the new data as its included?
thanks in advance.
I have a spreadsheet that i add data to on a quarterly basis.
I am looking for a formula that will allow me to take the estimate the forthcoming bill based on the averaged rate of increased usage multiplied by the last rate.
Take Electricity Bill for example. [$=(offpeak usage x rate)+(peak usage1 x rate1)+(peak usage2 x rate2)+ (System access charge rate3 x days)]
A1 2008q1 $500
A2 2008q2 $550
A3 2008q3 $555
A4 2008q4 $575
A5 2009q1 $520
A6 2009q2 $560
A7 2009q3 $570
A8 2009q4 $600
A9 2010q1 $600
A10 2010q2 $650
Since the bills are quarterly (seasonal) I am looking for a formula that will use ie 2008q2, 2009q2, 2010q2 used to forcast 2011q2
X= calculate the rate of average rate of increased consumption from each respective quarter.
Y= calculate the rate of average rate of increased cost kw/h from each respective quarter mulitplied by the rate of the last bill entered (in this case 2010q2).
Z= X x Y (Being the estimation of the upcoming bill for that quarter)
Whilst the above calculations are easy to formulate on a static spreadsheet,
How do i create a formula that will look automatically add the new data as its included?
thanks in advance.
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