Electricity Cost
Calculator

Calculate the precise cost of running electrical appliances based on wattage, usage hours, and your local kWh rate. View daily, monthly, and yearly estimates with visual breakdowns.

Appliance & Rate

Wattage

W

Enter the appliance wattage (check the label or manual).

Usage

h

Average daily usage time.

$

Your electricity price in USD/kWh.

Precise Electricity
Cost Analysis

Understanding your electricity costs is essential for budgeting, energy efficiency, and reducing your carbon footprint. Our calculator provides accurate estimates based on appliance wattage, daily usage hours, and your local electricity rate.

Whether you're analyzing home appliances, office equipment, or electric vehicle charging costs, our tool delivers instant daily, monthly, and yearly projections with interactive visualizations.

How Electricity Cost Calculator Works

Simple Steps:

  1. 1Enter the wattage of your appliance (found on the label or manual)
  2. 2Specify how many hours per day the appliance runs
  3. 3Input your electricity rate per kWh from your utility bill
  4. 4View instant daily, monthly, and yearly cost estimates
  5. 5Analyze the interactive cost chart to understand usage patterns
  6. 6Copy or share your results for budgeting and comparison

Pro Tips:

  • Enter the wattage rating found on your appliance label or manual
  • Specify daily usage hours—for 24/7 devices like refrigerators, enter 24
  • Input your local electricity rate from your utility bill ($/kWh)
  • View instant daily, monthly (30.42 days), and yearly (365 days) cost estimates
  • Compare different appliances to identify energy-saving opportunities
  • Use the visual chart to see how costs scale with increased usage hours

Common Use Cases

Home Appliance Budgeting

Calculate the running costs of refrigerators, air conditioners, washing machines, and other household appliances to budget monthly electricity expenses

Example:
Estimate annual cost of running a 150W refrigerator 24/7 at $0.12/kWh

Office Equipment Analysis

Determine electricity costs for computers, monitors, printers, and servers to optimize office energy consumption and reduce overhead

Example:
Calculate monthly cost of running 20 computers at 300W for 8 hours/day

Electric Vehicle Charging

Estimate the cost to charge electric vehicles based on charger wattage, charging time, and local electricity rates

Example:
Calculate daily charging cost for a 7kW home charger used 2 hours/day

HVAC System Comparison

Compare the operating costs of heating and cooling systems to make informed decisions about energy-efficient upgrades

Example:
Compare yearly costs between a 3500W vs 2500W air conditioner running 6 hours/day

Mining & Crypto Operations

Calculate electricity costs for cryptocurrency mining rigs or high-performance computing setups to determine profitability

Example:
Estimate monthly electricity cost for a 1500W mining rig running 24/7

Energy Efficiency Audit

Identify high-consumption appliances in your home or business to prioritize energy-saving upgrades and reduce carbon footprint

Example:
Compare costs of old 100W incandescent bulbs vs 15W LED bulbs over a year

Frequently Asked Questions

🔧Technical Details & Calculation Methods

1Electricity Cost Calculation Formula

The fundamental formula for calculating electricity cost combines power consumption, usage time, and your local electricity rate.

Basic Formula

Cost Formula
Cost = (Wattage ÷ 1000) × Hours × Rate
Convert watts to kilowatts, multiply by hours and rate per kWh
Energy Consumption
kWh = (Watts ÷ 1000) × Hours
Calculate total energy consumed in kilowatt-hours

Practical Example

Example: Space Heater
• Wattage: 1500W
• Usage: 3 hours/day
• Rate: $0.18/kWh
Calculation
kWh = (1500 ÷ 1000) × 3 = 4.5 kWh
Daily Cost = 4.5 × $0.18 = $0.81
Monthly = $0.81 × 30.42 = $24.64
Yearly = $0.81 × 365 = $295.65

2Power Units & Conversions

Key Power Units

Watt (W)Base unit of power. Measures instantaneous power consumption. 1W = 1 Joule/second.
Kilowatt (kW)1 kilowatt = 1,000 watts. Used for larger appliances and systems.
Kilowatt-Hour (kWh)Energy unit for billing. Using 1kW for 1 hour = 1 kWh. Your utility bills in kWh.
Voltage × AmperageIf wattage isn't listed: Watts = Volts × Amps. Example: 120V × 12.5A = 1500W.

Common Appliance Wattages

Refrigerator: 100-800W
Air Conditioner: 2000-5000W
Washing Machine: 500-2000W
Desktop Computer: 200-500W
LED TV (50"): 80-150W
Microwave: 600-1500W
Hair Dryer: 1200-1800W
LED Bulb: 8-20W
Electric Oven: 2000-5000W

3Time Period Calculations

Daily Cost

Daily = kWh × Rate
Direct calculation using hours per day

Monthly Cost

Monthly = Daily × 30.42
Uses 30.42 days (365÷12) for precision

Yearly Cost

Yearly = Daily × 365
Full year calculation (365 days)

Why 30.42 Days?

We use 30.42 days per month (365 ÷ 12) instead of 30 to provide more accurate monthly estimates. This accounts for the varying lengths of months throughout the year. For yearly totals, we always use exactly 365 days for precision.

4Understanding Electricity Rates

Rate Types & Variations

Flat RateSingle rate regardless of time or usage amount. Simplest billing structure. Common in many residential areas.
Time-of-Use (TOU)Rates vary by time of day. Peak hours (afternoon/evening) cost more. Off-peak (night) costs less.
Tiered PricingRate increases as you use more kWh per month. Encourages conservation by penalizing high usage.
Demand ChargesCommon for commercial users. Based on peak power draw, not just total energy consumed.

Average US Electricity Rates by Region (2024)

Northeast: $0.15-$0.30/kWh
Midwest: $0.10-$0.16/kWh
South: $0.10-$0.14/kWh
West: $0.12-$0.35/kWh
Hawaii: $0.30-$0.40/kWh (highest)
Louisiana: $0.09-$0.11/kWh (lowest)

Note: Rates vary significantly by utility provider, season, and specific location. Always check your utility bill for your exact rate.

5Accuracy & Real-World Factors

What This Calculator Handles

  • Precise kWh to cost conversion using your specific rate
  • Accurate time period calculations (daily, monthly, yearly)
  • Multi-currency support for international users
  • Visual cost analysis across different usage hours

Factors Affecting Accuracy

  • !Variable Wattage: Many appliances don't run at constant wattage. HVAC systems cycle on/off, motors vary load.
  • !Standby Power: Devices consume "vampire power" even when off. TVs, chargers, and microwaves draw 1-20W on standby.
  • !Power Factor: AC appliances with motors/transformers may draw more actual power than rated wattage suggests.
  • !Voltage Fluctuations: Actual voltage can vary from rated 120V/240V, affecting real power consumption.
  • !Efficiency Degradation: Older appliances become less efficient over time, consuming more power for same output.

Tips for Most Accurate Results

  • 💡Use a kill-a-watt meter to measure actual power draw instead of relying on nameplate ratings
  • 💡For thermostat-controlled devices (AC, heaters), estimate duty cycle (e.g., runs 40% of time)
  • 💡Check your utility bill for all charges: delivery fees, taxes, and fixed charges affect total cost
  • 💡Monitor your bill over multiple months to account for seasonal variations and usage patterns
  • 💡For 24/7 appliances like refrigerators, use lower effective wattage (e.g., 150W avg vs 800W peak)

6Privacy & Client-Side Processing

100% Client-Side Calculation

All calculations happen entirely in your browser using Vue.js and TypeScript. Your data never leaves your device:

  • No server requests for calculations—everything runs locally
  • No data storage—inputs and results exist only in browser memory
  • Works offline after initial page load
  • Instant results with zero latency—no network delay
  • Full privacy protection for your utility rates and usage patterns

7Interactive Cost Analysis Chart

The cost analysis chart visualizes how electricity costs scale with usage hours using Chart.js for smooth, responsive rendering.

X-Axis: Usage HoursShows 0-24 hours with current usage marked by a red line for easy reference
Y-Axis: Daily CostAuto-scaled based on your wattage and rate, formatted in your selected currency
Smooth CurveTension: 0.4 for smooth, readable line. Gradient fill for visual depth
Interactive TooltipsHover over any point to see exact cost at that usage level

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