How to use the electricity cost calculator
- Enter the device power and choose watts or kilowatts. You can usually find it on the label, the power adapter or in the manual.
- Enter the hours used per day, from 0 to 24. Decimals are fine, so 30 minutes is
0.5. - Enter the days used per month. It starts at 30 for a device used every day.
- Enter the price per kWh from your electricity bill, in your own currency, for example
0.15. - Optionally enter the standby power in watts: what the device draws when it is switched off but still plugged in. It is counted for the remaining hours of each day of use.
- Press Calculate.
The result shows the cost per day, month and year and the energy used in kilowatt-hours (kWh). The Details table then shows what a set of common devices would cost with the same hours, days and price, so you can compare.
The formula
Energy is power multiplied by time. Because prices are per kilowatt-hour, watts are divided by 1,000:
- kWh per day = (power in W × hours + standby W × (24 − hours)) ÷ 1,000
- kWh per month = kWh per day × days used per month
- kWh per year = kWh per month × 12
- Cost = kWh × price per kWh, rounded to 2 decimals
Worked example
A 1,500 W space heater runs 4 hours a day, every day (30 days a month), and electricity costs 0.15 per kWh.
- Per day: 1,500 × 4 ÷ 1,000 = 6 kWh, costing 6 × 0.15 = 0.90.
- Per month: 6 × 30 = 180 kWh, costing 27.00.
- Per year: 180 × 12 = 2,160 kWh, costing 324.00.
A 100 W TV watched 5 hours a day that draws 2 W on standby uses 0.5 kWh while on and 2 × 19 ÷ 1,000 = 0.038 kWh on standby, 0.538 kWh a day in total. At 0.20 per kWh that is about 3.23 a month.
Good to know
- These are estimates. The power on a label is often the maximum; many devices use less most of the time.
- Fridges, freezers, air conditioners and heaters with a thermostat switch on and off, so their average draw is lower than their rated power. For a fridge, use its yearly kWh rating if it has one.
- Real bills include fixed charges, taxes and sometimes tiered or time-of-use prices, so the cost per kWh on your bill may vary.
- A year is counted as 12 months of the days you entered, so 30 days a month gives 360 days of use.