Lighting Cost Formula:
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Definition: This calculator estimates the electricity cost of operating lighting based on power consumption, usage time, and electricity rate.
Purpose: It helps homeowners and businesses understand and predict lighting expenses to make energy-efficient choices.
The calculator uses the formula:
Where:
Explanation: The formula converts watts to kilowatts (dividing by 1000) and multiplies by time and rate to calculate total cost.
Details: Understanding lighting costs helps in budgeting, comparing different lighting technologies, and identifying energy-saving opportunities.
Tips: Enter the lighting wattage, hours of operation, and your electricity rate (default $0.12/kWh). All values must be > 0.
Q1: How do I find my lighting wattage?
A: Check the bulb/light fixture label or specifications. LED bulbs typically use 6-12W to replace 60W incandescent bulbs.
Q2: What's a typical electricity rate?
A: U.S. average is about $0.12-$0.15/kWh, but check your utility bill for exact rates.
Q3: Can I calculate monthly/annual costs?
A: Yes - multiply daily hours by 30 for monthly or 365 for annual estimates.
Q4: Does this account for multiple lights?
A: No - calculate each light separately or sum wattages for multiple identical lights.
Q5: How accurate is this calculation?
A: It provides a good estimate, but actual costs may vary with voltage fluctuations and dimming usage.