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Formula

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Results

Cost Per Hour
$0.15
per hour of operation
Cost per day $1.2
Cost per month (30 days) $36
Cost per year (365 days) $438

What this calculator does

The Energy Cost Per Hour Calculator tells you exactly how much it costs to run an electrical appliance for one hour, then scales that figure to a day, a month, and a year. All you need is the device's power rating in watts and the price you pay for electricity per kilowatt-hour (kWh). It works with any currency or country — just enter the rate your utility charges.

How to use it

Enter three values: the appliance power in watts (check the label, nameplate, or a plug-in power meter), your electricity rate in $/kWh (found on your utility bill), and the hours per day you expect the device to run. The calculator instantly returns the cost per hour plus projected daily, monthly (30-day) and yearly (365-day) costs.

The formula explained

Electricity is billed per kilowatt-hour. A watt is one-thousandth of a kilowatt, so first divide the wattage by 1,000 to get kilowatts. A device running at that power for one hour consumes that many kWh. Multiply by your rate to get the cost: $$\text{Cost/hr} = \frac{\text{Watts}}{1000} \times \text{rate}$$ Daily cost is hourly cost times hours used; monthly and yearly costs simply scale the daily figure by 30 and 365.

Diagram of power divided by 1000 multiplied by rate equals cost per hour
Cost per hour equals watts divided by 1000, multiplied by your kWh rate.

Worked example

Suppose a 1,500 W space heater runs at a rate of $0.20/kWh for 5 hours a day. Power in kilowatts is \(1500 \div 1000 = 1.5\) kW. Cost per hour = \(1.5 \times 0.20 = \$0.30\). Cost per day = \(0.30 \times 5 = \$1.50\). Over a 30-day month that's $45, and over a full year (365 days) about $547.50.

Bar chart showing increasing running cost per hour, day, month and year
The same appliance cost scaled across hour, day, month and year.

FAQ

Where do I find an appliance's wattage? Check the rating label on the back or bottom of the device, the power supply, or the user manual. A cheap plug-in energy monitor measures actual draw.

What if my device shows amps, not watts? Multiply amps by your voltage (e.g. 120 V or 230 V) to estimate watts before entering the value.

Why is my real bill different? Real usage varies — appliances cycle on and off, rates can include tiers, taxes and standing charges. This gives a clean estimate based on continuous operation at the rated power.

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