Electricity cost calculator

Estimate daily, monthly, and yearly appliance electricity cost from watts, usage time, and utility rate.

What this calculator covers

Use this electricity cost calculator to translate an appliance power rating into a rough operating-cost estimate.

Frequently asked questions

Where can I find an appliance's wattage?
The wattage is usually printed on a label on the back or bottom of the appliance, listed in the owner's manual, or available in the product specifications online. For devices without a label, a plug-in energy meter can measure actual draw under real operating conditions.
Why does my monthly estimate seem higher than what I see on my bill?
The calculator assumes the appliance draws its rated wattage steadily for every hour of the entered runtime. Many appliances cycle on and off or operate at lower draw when not at full load, so actual consumption is often lower than the rated-wattage estimate.
How is the monthly cost calculated?
Daily cost is multiplied by 30 days to produce the monthly figure, regardless of how many days are actually in a given calendar month. The yearly figure uses 365 days. Both projections extend from the exact daily cost before rounding.
What electricity rate should I enter?
Use the blended rate from a recent utility bill: divide the total energy charge (not the full bill) by the total kilowatt-hours billed. Rates vary widely by location and season, so using your own bill data gives a more accurate result than a national average.

Tool

Run the calculation

W
hr/day
$/kWh

Result

RESULT · MONTHLY ELECTRICITY COST

â„–183

A 1,500-watt appliance used 4 hours per day at $0.16/kWh costs about $0.96 per day, $28.80 per 30-day month, and $350.40 per year.

Daily energy use
6 kWh
Daily cost
$0.96
Monthly cost
$28.80
Yearly cost
$350.40

Step-by-step solution

  1. 1.Convert watts and hours into daily energy use: 1,500 × 4 ÷ 1000 = 6 kWh per day.
  2. 2.Multiply the daily kWh use by the utility rate to get the daily cost of $0.96.
  3. 3.Project the exact daily cost across 30 days and 365 days, then round the displayed totals to $28.80 per month and $350.40 per year.

Walkthrough

Visual walkthrough

Electricity-cost math converts appliance power into daily energy use, then multiplies by the electricity rate to estimate the spend.

  1. 01

    Find daily energy use

    1,500 W × 4 h ÷ 1000 = 6 kWh

    Watts times hours gives watt-hours, and dividing by 1000 converts that to kilowatt-hours.

  2. 02

    Apply the electric rate

    6 kWh × $0.16

    Multiplying the daily energy use by the cost per kilowatt-hour yields the daily electricity spend.

  3. 03

    Project monthly and yearly cost

    The calculator extends the exact daily estimate to 30-day and 365-day windows before rounding the displayed totals for quick household budgeting.

    $28.80 per month