Quarterly Bills assistance needed (formula, not financial!)

GLOpro

Board Regular
Joined
Jul 30, 2005
Messages
117
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.
 
Last edited:

Excel Facts

Return population for a City
If you have a list of cities in A2:A100, use Data, Geography. Then =A2.Population and copy down.
If you have the quarters denoted in say column B, you could use the AVERAGEIF function if you have Excel 2007 or later. If you have Excel 2000\2003, you could use the SUMIF and COUNTIF functions.
Excel Workbook
ABCDEF
1YearQuarter$$$Averages
22008q1$500Q1$540
32008q2$550Q2$587
42008q3$555Q3$563
52008q4$575Q4$588
6
72009q1$520
82009q2$560
92009q3$570
102009q4$600
11
122010q1$600
132010q2$650
Sheet1
Excel 2002
Cell Formulas
RangeFormula
F2=SUMIF($B$2:$B$50,E2,$C$2:$C$50)/COUNTIF($B$2:$B$50,E2)
F3=SUMIF($B$2:$B$50,E3,$C$2:$C$50)/COUNTIF($B$2:$B$50,E3)
F4=SUMIF($B$2:$B$50,E4,$C$2:$C$50)/COUNTIF($B$2:$B$50,E4)
F5=SUMIF($B$2:$B$50,E5,$C$2:$C$50)/COUNTIF($B$2:$B$50,E5)
 
Last edited:
Upvote 0
Thanks,

I will give it a try on Excel 2003.

Cheers!


BTW do you know how to apply the SUMIF and COUNTIF in OpenOffice?
 
Last edited:
Upvote 0

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