Running Cost Formula:
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Definition: This calculator estimates the electricity cost of running a light bulb based on its power rating, usage time, and local electricity rate.
Purpose: It helps homeowners and businesses understand the operational costs of their lighting and compare different bulb types.
The calculator uses the formula:
Where:
Explanation: The formula converts watt-hours to kilowatt-hours (dividing by 1000) then multiplies by the cost per kWh.
Details: Understanding lighting costs helps in making energy-efficient choices, budgeting for utilities, and comparing different bulb technologies.
Tips: Enter the bulb's wattage (found on the bulb), estimated usage time in hours, and your local electricity rate (default $0.12/kWh). All values must be > 0.
Q1: How do I find my electricity rate?
A: Check your utility bill - it's typically listed as "price per kWh" in the electricity charges section.
Q2: Why divide by 1000 in the formula?
A: Electricity is billed per kilowatt-hour (kWh), and 1 kWh = 1000 watt-hours, so we convert watts to kilowatts.
Q3: What's a typical electricity rate?
A: In the US, rates average $0.12-$0.15/kWh but vary by location and time of use.
Q4: How does bulb type affect running cost?
A: LED bulbs (8-12W) cost much less to run than incandescent (60-100W) for the same light output.
Q5: Can I calculate monthly/annual costs?
A: Yes - multiply daily usage hours by 30 for monthly or 365 for annual estimates.