Electricity Cost Formula:
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This calculator determines the cost of running a 200-watt device for a specified number of hours based on your local electricity rate. It converts watt-hours to kilowatt-hours (kWh) since electricity is typically billed per kWh.
The calculator uses the following formula:
Where:
Explanation: The formula first calculates total energy consumption in watt-hours, converts it to kilowatt-hours, then multiplies by your electricity rate.
Details: Electricity costs vary by location and provider. The average U.S. residential rate is about $0.13 per kWh, but check your utility bill for accurate rates.
Tips: Enter the total hours the device will be running and your electricity cost per kWh. For monthly estimates, multiply daily usage by 30.
Q1: Why divide by 1000 in the formula?
A: Electricity is billed per kilowatt-hour (kWh), and 1 kWh = 1000 watt-hours. Dividing by 1000 converts watt-hours to kWh.
Q2: How can I find my electricity rate?
A: Check your utility bill - it's usually listed as "price per kWh" in the charges section.
Q3: Does this account for standby power?
A: No, this calculates only when the device is actively consuming 200W. Many devices draw some power even when "off."
Q4: Can I use this for devices with variable power?
A: For devices that cycle (like refrigerators), you'd need to know the average power consumption over time.
Q5: How accurate is this calculation?
A: It's accurate for constant 200W loads. Actual costs may vary with power fluctuations, tiered rates, or additional fees.