Cost per Watt Formula:
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Definition: This calculator determines the cost per watt of electrical power, which is a common metric for comparing energy systems and components.
Purpose: It helps consumers, engineers, and energy professionals evaluate the cost efficiency of power generation systems, electronics, and electrical components.
The calculator uses the formula:
Where:
Explanation: The total cost is divided by the power output to determine how much each watt of power costs.
Details: This metric is crucial for comparing different energy solutions, budgeting for power systems, and making informed purchasing decisions for electrical equipment.
Tips: Enter the total cost in dollars and the power output in watts. Both values must be greater than zero.
Q1: What's considered a good cost per watt?
A: This varies by application. For solar panels, under $1/watt is good (2023 standards). For consumer electronics, it depends on the product type.
Q2: Should I include installation costs?
A: For complete system comparisons, yes. For component-only comparisons, no.
Q3: How does cost per watt relate to efficiency?
A: Lower cost per watt generally indicates better value, but must be considered alongside efficiency, lifespan, and other factors.
Q4: Can I use this for energy storage (batteries)?
A: For batteries, cost per watt-hour is more common, but cost per watt can be useful for power delivery capacity.
Q5: Why calculate to 4 decimal places?
A: For small electronics or large-scale systems, precise calculations matter. You can round as needed for your application.