Everyday
Electricity Cost Calculator
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How to use it
Using the electricity cost calculator
- 01
Find the wattage
Check the appliance label, its spec sheet, or a plug-in power meter for the true draw.
- 02
Estimate daily hours
Be honest about actual runtime; a heater with a thermostat may run half the time it is switched on.
- 03
Enter your rate
Your bill’s price per kWh is printed near the usage totals; divide the supply-plus-delivery total by kWh if unsure.
Good to know
Heat is expensive; light is cheap
Anything that resists electricity to make heat; heaters, dryers, kettles; draws 1,500–5,000 W and dominates bills. LEDs draw under 15 W, so even leaving lights on rarely matters by comparison.
The delivery-charge surprise
Many bills split generation from delivery. Your true per-kWh cost is the sum of both, which can be double the advertised generation rate. Use the all-in figure here.
Idle load adds up
Devices drawing 5 W around the clock consume 44 kWh a year; small, but multiplied across a house full of chargers and set-top boxes it becomes a quiet line item worth killing.
How it's calculated
The math behind this calculator
kWh/day = watts × hours ÷ 1000
Cost/day = kWh/day × rate Month = ×30 days Year = ×365 daysA watt is already joules per second, so energy in kilowatt-hours is simply watts times hours divided by 1,000. Multiplying daily energy by your utility rate gives daily cost, which we extend to 30-day months and 365-day years.
Assumptions & limitations
- Flat rate per kWh; time-of-use plans charge more at peak hours.
- Steady power draw; devices with thermostats cycle on and off.
- Standby (“vampire”) draw outside the entered hours is not counted.
Worked example
A 1500 W space heater running 6 hours a day at $0.15 per kWh burns 9 kWh daily; $1.35 a day, about $40.50 a month or $492.75 a year.
FAQ
Frequently asked questions
- Where do I find my kWh rate?
- It is itemized on your utility bill. Add supply/generation and delivery charges per kWh for the complete picture; US residential averages hover near $0.15–$0.17.
- How do I measure an unknown device?
- A plug-in power meter measures actual draw including standby modes, usually costing less than the savings it uncovers in a year.
- Do old fridges really cost more?
- Yes; pre-2000 refrigerators can draw two to three times as much as modern efficient units, making replacement one of the fastest energy paybacks in a home.
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