Electricity Cost Calculator
Calculate the electricity cost of any appliance or device. Find out daily, monthly, and yearly energy costs based on wattage and usage.
Inputs
watts
hrs/day
days
$/kWh
Results
Monthly Cost
$31.20
Daily Cost$1.04
Yearly Cost$379.60
Monthly Usage240 kWh
Yearly Usage2,920 kWh
How to Use This Calculator
- Enter your monthly electricity consumption in kWh from your utility bill.
- Input your electricity rate in $/kWh (check your bill or your utility's rate schedule).
- Set any fixed monthly charges or demand charges.
- Review the total monthly and annual electricity cost.
- Use the result to evaluate energy efficiency investments and compare utility rate plans.
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Formula
Cost = (Watts Γ· 1000) Γ Hours Γ Days Γ Rate per kWh. 1 kWh = 1,000 watts used for 1 hour.Related Calculators
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