Price per Watt Formula:
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Definition: This calculator determines the cost per watt of power for electrical devices, solar panels, or other power-related equipment.
Purpose: It helps consumers and professionals compare the cost efficiency of different power solutions by standardizing the price measurement.
The calculator uses the formula:
Where:
Explanation: The total price is divided by the power rating to determine how much each watt of capacity costs.
Details: This metric is crucial for comparing energy solutions, especially in solar panel purchases, electronics, and power equipment where initial cost versus long-term performance matters.
Tips: Enter the total price in dollars and the power rating in watts. Both values must be greater than 0.
Q1: Why calculate price per watt?
A: It standardizes cost comparison between different sized power solutions, making apples-to-apples comparisons possible.
Q2: What's a good price per watt for solar panels?
A: As of 2023, residential solar panels typically range from $2.50 to $3.50 per watt before incentives.
Q3: Does this include installation costs?
A: Only if you include them in the total price. For accurate comparisons, specify whether you're calculating equipment-only or installed costs.
Q4: Can I use this for batteries or other energy storage?
A: Yes, but for batteries, watt-hours might be more appropriate than watts for capacity measurement.
Q5: How precise should the result be?
A: For most applications, 4-6 decimal places are sufficient for meaningful comparison.