Cost per Watt Formula:
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Cost per watt is a metric used to understand the electricity cost at the watt level, derived from the more commonly used cost per kilowatt-hour (kWh). It's particularly useful for calculating energy costs of small devices or understanding minute-by-minute electricity expenses.
The calculator uses the simple formula:
Where:
Explanation: Since 1 kilowatt equals 1000 watts, we divide the cost per kWh by 1000 to get the cost per watt-hour.
Details: Calculating cost per watt helps in:
Tips:
Q1: Why calculate cost per watt when we usually use kWh?
A: While kWh is standard for billing, cost per watt helps understand small-scale energy use, especially for low-power devices or short durations.
Q2: How can I use cost per watt in practical terms?
A: Multiply cost per watt by a device's wattage and hours of use to estimate its exact operating cost.
Q3: Does this account for time-of-use pricing?
A: No, use the specific kWh rate for your time period to get accurate cost per watt for that time.
Q4: How does this relate to watt-hours?
A: The result shows cost per watt-hour. For cost per watt (regardless of time), divide again by hours of use.
Q5: Can I use this for solar panel calculations?
A: Yes, it can help compare solar generation costs to grid electricity costs at small scales.