Electricity Cost Calculator

Calculate the cost of electricity consumption for your appliances and devices. Enter power rating, usage time, and electricity rate to estimate daily, monthly, and yearly costs.

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How to use this tool?

How to Use the Electricity Cost Calculator

This calculator estimates the cost of running an electrical appliance based on its power rating, usage time, and your local electricity rate.

  1. Enter Power Rating (Watts): Input the wattage of your device (e.g., 100W for a light bulb). Must be a positive number.
  2. Enter Hours Used Per Day: How many hours per day the device runs (e.g., 5). Must be a positive number.
  3. Enter Electricity Rate (per kWh): Your cost per kilowatt-hour (e.g., 0.12 for $0.12/kWh). Find this on your utility bill.
  4. Click "Calculate": Press the button or hit Enter. The calculator will show:
    • Daily, Monthly, and Yearly Costs in dollars.
    • Formula breakdown showing kWh used and the calculation.

Note: All inputs must be greater than zero. The calculator uses standard units (Watts, hours, $/kWh). No metric conversion needed.

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Frequently Asked Questions

The cost is calculated as: Cost = (Power in Watts / 1000) × Hours Used × Rate per kWh. Monthly cost uses 30 days, yearly uses 365 days.

Enter power in watts, hours per day, and electricity rate in dollars per kilowatt-hour (kWh).

Yes, as long as you know the power rating (usually printed on the device) and the average daily usage.

Reviewed by Experts

Carlos Bicho

Carlos Bicho

Financial Advisor

Private Banker & Financial Advisor

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Danilson Melicio

Danilson Melicio

Financial Advisor

Financial Markets Investor

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Eurico José Kiala

Eurico José Kiala

Mathematician

Teacher

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Francisco Saramango

Francisco Saramango

Board Financial Advisor

Financial Management and Accounting, Financial management and accounting

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Juliana Mayorca

Juliana Mayorca

Financial Advisor

Board-Level Advisor

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