Energy Cost Calculator

Wattage of appliance (e.g., 1500W space heater).

Average daily usage.

Monthly operating days.

Your electricity rate (e.g., $0.15/kWh).

Complete Guide to Electricity Cost Calculation

The Energy Cost Calculator computes monthly and annual electricity expenses for any appliance or system. Enter wattage, usage hours, and utility rate for instant kWh and dollar results.

Why Track Energy Costs?

  • Budgeting: Predict monthly bills
  • Savings: Identify high-usage devices
  • Efficiency: Choose ENERGY STAR appliances
  • Planning: Size solar or battery systems

Energy Cost Formula

kWh = (Watts × Hours × Days) / 1000

Cost = kWh × Rate

Average US Utility Rates (2025)

StateRate ($/kWh)
California0.28
Hawaii0.42
Texas0.14
Louisiana0.11
National Avg0.15

Common Appliance Costs (4 hrs/day, $0.15/kWh)

ApplianceWattsMonthlyAnnual
LED Bulb (60W equiv)9$0.16$1.97
Refrigerator150$2.70$32.40
Window AC1000$18.00$216.00
Space Heater1500$27.00$324.00

How to Reduce Energy Costs

  • LED Lighting: 75% savings vs incandescent
  • Smart Plugs: Schedule off-peak usage
  • Insulation: Reduce HVAC load
  • Time-of-Use Rates: Shift to off-peak

Conclusion

Understanding energy costs empowers smarter consumption. Pair with our Solar Output and Power Consumption tools to maximize savings.