Cost per Watt Formula:
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Cost per watt is a metric that helps you understand how much you're paying for each watt of power your refrigerator consumes. It's derived from your electricity cost per kilowatt-hour (kWh) and is useful for comparing appliance efficiency and calculating operating costs.
The calculator uses the simple formula:
Where:
Explanation: Since 1 kilowatt equals 1000 watts, dividing your per-kWh cost by 1000 gives you the cost per watt-hour.
Details: Knowing your cost per watt helps you:
Tips:
Q1: Why calculate cost per watt for refrigerators?
A: Refrigerators run continuously, so knowing cost per watt helps estimate long-term operating expenses.
Q2: How can I use this for my refrigerator?
A: Multiply cost per watt by your fridge's wattage and hours of operation to estimate daily cost.
Q3: Where do I find my electricity cost per kWh?
A: Check your electricity bill - it's usually listed under "energy charge" or "electricity rate."
Q4: Does this account for tiered pricing?
A: No, this uses a flat rate. For tiered pricing, use the rate that applies to your expected usage.
Q5: Can I use this for other appliances?
A: Yes, the cost per watt calculation applies to any electrical device.