Cost Formula:
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Definition: This calculator estimates the electricity cost per hour based on device wattage and electricity rate.
Purpose: It helps consumers and businesses understand the hourly operating cost of electrical devices and appliances.
The calculator uses the formula:
Where:
Explanation: Converts watts to kilowatts (dividing by 1000) then multiplies by the electricity rate to get cost per hour.
Details: Understanding operating costs helps with energy budgeting, comparing appliance efficiency, and identifying cost-saving opportunities.
Tips: Enter the device's wattage (find on label or specifications) and your local electricity rate (default $0.12/kWh). All values must be > 0.
Q1: Where can I find my electricity rate?
A: Check your utility bill or contact your electricity provider. Rates typically range from $0.10 to $0.30 per kWh.
Q2: How do I find a device's wattage?
A: Look for a label on the device, check the manual, or use a wattage meter. Some devices list amps and volts instead (Watts = Amps × Volts).
Q3: Does this account for variable power consumption?
A: No, this calculates maximum cost. Many devices use less power when idle or in low-power modes.
Q4: How can I calculate daily/monthly costs?
A: Multiply hourly cost by usage hours. For monthly: hourly cost × hours/day × 30 days.
Q5: Why divide by 1000?
A: Electricity is billed per kilowatt-hour (kWh), and 1 kW = 1000 watts, so we convert watts to kilowatts.