Electricity Cost Formula:
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Definition: This calculator estimates the cost of running a light bulb based on its power consumption, usage time, and electricity rate.
Purpose: It helps homeowners and businesses understand the electricity costs associated with lighting and make energy-efficient choices.
The calculator uses the formula:
Where:
Explanation: The formula converts watt-hours to kilowatt-hours (by dividing by 1000) then multiplies by the electricity rate to get the cost.
Details: Understanding lighting costs helps in budgeting, comparing different bulb types (LED vs incandescent), and identifying energy-saving opportunities.
Tips: Enter the bulb's power in watts, usage time in hours, and 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 the cost per kilowatt-hour (kWh).
Q2: What's the typical power for different bulb types?
A: Incandescent: 40-100W, CFL: 9-25W, LED: 4-20W for equivalent brightness.
Q3: Why divide by 1000 in the formula?
A: Electricity is billed per kilowatt-hour (1000 watt-hours), so we convert watts to kilowatts.
Q4: Can I calculate monthly/annual costs?
A: Yes - multiply daily usage hours by 30 for monthly or 365 for annual estimates.
Q5: How accurate is this calculation?
A: It provides a good estimate, but actual costs may vary slightly due to voltage fluctuations and bulb age.