Costs

Electricity Cost Calculator

Use this electricity cost calculator to turn watts into kWh and estimate how much an appliance, heater, gaming PC, refrigerator, or air conditioner adds to your electric bill. Enter power draw, daily runtime, and your all-in kWh rate to compare cost per day, month, and year.

Last updated:

Result

$21.90 per month

1500 watts for 3 hours per day costs about $0.72 per day at $0.16/kWh.

Daily cost
$0.72
Monthly cost
$21.90
Yearly cost
$262.80
Daily usage
4.5 kWh

Estimate only. Verify wattage, utility rates, equipment ratings, and safety requirements before relying on this cost. Read the full disclaimer.

More

Common scenarios

Appliance cost starts

Use measured or labeled wattage and your all-in electricity rate. Cycling appliances can use less than their labeled wattage suggests.

What to do next

Use this estimate with the real watts, hours used, local electricity rate, duty cycle, and seasonal use. Compare efficient alternatives if the monthly or yearly cost is higher than expected.

Optional planning mode Plan several devices together Add up to five device schedules before monthly and yearly scaling. Rows set to zero contribute nothing.
Device 1
Device 2
Device 3
Device 4
Device 5

Plan result

$29.69 per month

2 active device rows use about 6.1 kWh per day.

Daily cost
$0.98
Monthly kWh
185.54 kWh
Yearly cost
$356.24

Calculation boundary: Device names stay in this browser view and are not included in calculation data or share links.

This plan stays on this page. It is not added to the URL, shared-result links, saved calculators, or analytics events.

Optional equipment check

Use a compatible plug-in electricity monitor to replace nameplate or guessed watts with measured energy use, while checking voltage, outlet type, maximum current, grounding, display, logging, and reset behavior.

What to compare before buying
  • Voltage, current, wattage, and outlet compatibility
  • Measured watts and accumulated kilowatt-hours rather than nameplate watts alone
  • Load rating for startup surge, cycling, or sustained use
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At a glance

Cost
Free
Login
Not required
Best use
Estimate appliance electricity cost from watts, runtime, and local rate, then compare daily, monthly, and yearly bill impact.
Output
Browser result with print and PDF options
Reviewed
2026-07-09

Result summary

Quick answer

With the sample inputs, this calculator returns $21.90 per month. Daily cost: $0.72. The result is an estimated operating cost from the wattage, run time, and rate you enter. Use your all-in kWh rate if you want it to line up more closely with a bill.

Already know the kWh?

Multiply the energy used in kilowatt-hours by your all-in electricity rate: cost = kWh × rate. For example, 4.5 kWh costs $0.72 at $0.16 per kWh or $1.26 at $0.28 per kWh. Use the calculator above when you need to convert watts and runtime into kWh first.

Publisher Published by EverydayCalc Editorial Editorial standards and limitations

Each calculator shows its formula and defines the inputs. Worked examples make the math checkable. The page also names the limits that can change the result.

Last calculation review:

Review scope: formula implementation, example parity, visible assumptions, source links, and result presentation. This is editorial and calculation QA, not professional financial, tax, legal, medical, engineering, or safety review.

Results are estimates based on the inputs provided and the assumptions shown on this page. For financial, tax, legal, medical, or other high-stakes decisions, verify results with a qualified professional or official source.

Instructions

How to use this calculator

Open the short walkthrough for choosing and checking inputs.

Start with device wattage, divide by 1,000 to get kilowatts, multiply by hours used per day, then multiply by your electricity rate. The result shows daily kWh and cost, then scales the same estimate to a month and year.

Page guide

On this page

Jump directly to the part of the calculator you need.
Calculation details

Formula and methodology

See the exact math used to produce the result.

Cost = energy used or fuel consumed multiplied by your rate, adjusted for runtime, efficiency, or usage period.

Before acting

Assumptions to check

Review the real-world details that can change the estimate.

The key inputs are Power draw, Use per day, Use state average rate, Electricity rate. Confirm watts, hours used, local electricity rate, duty cycle, seasonal use, and efficient alternatives before relying on the cost.

More guidance Examples, methodology, and planning checks Open the worked example, review notes, reference tables, and practical next checks.

Where to find your all-in kWh rate

Your electric bill may list energy, delivery, riders, taxes, or other usage-based charges separately. For a realistic bill estimate, divide those usage-based charges by billed kWh or use the all-in rate shown on the bill.

When to adjust wattage or runtime

Nameplate watts can overstate cost for devices that cycle, such as refrigerators, AC units, dehumidifiers, and heaters with thermostats. If you know the duty cycle or measured kWh, use a more specific appliance calculator or a plug-in power meter reading.

When to use this calculator

  • Estimating monthly or yearly energy cost
  • Testing watts, runtime, rate, and duty cycle changes
  • Comparing efficient alternatives before buying or changing use

Tips for better estimates

  • Use measured watts when possible, especially for appliances that cycle on and off.
  • Enter the all-in local electricity rate from a recent bill.
  • Rerun the estimate for seasonal use, lower runtime, or a more efficient alternative.

How this calculator is reviewed

This page is checked for inputs, formulas, examples, assumptions, topic fit, and related links. For this calculator, the review also covers watts, hours used, local electricity rate, duty cycle, seasonal use, and efficient alternatives.

The sample result is covered by automated tests, and the page links to related calculators and, where available, supporting guides so readers can check the assumptions before acting. If a formula, label, or assumption looks off, send the page URL and your inputs through the contact page.

How this estimate was built

This page converts watts to kilowatts, multiplies by daily runtime and kWh rate, then scales the result to daily, monthly, and yearly cost using a year-average month.

Worked example

Example inputs: Power draw: 1500 watts; Use per day: 3 hours; Use state average rate: 0.16; Electricity rate: $0.16 /kWh. With those values, the calculator returns $21.90 per month. 1500 watts for 3 hours per day costs about $0.72 per day at $0.16/kWh.

Electricity Cost Calculator example result card
Estimate a practical electricity cost from power draw, use per day, use state average rate, and electricity rate.
Electricity Cost Calculator visual estimate card
Estimate a practical electricity cost from power draw, use per day, use state average rate, and electricity rate.
Open vertical image

kWh cost lookup

Direct electricity cost at $0.16 and $0.28 per kWh
4.5 kWh$0.72 at $0.16/kWh; $1.26 at $0.28/kWh
33.7 kWh$5.39 at $0.16/kWh; $9.44 at $0.28/kWh
278 kWh$44.48 at $0.16/kWh; $77.84 at $0.28/kWh

Example scenarios

  • A 1500 watt space heater used 3 hours per day at $0.16/kWh costs about $0.72 per day, $21.90 per month, and $262.80 per year.
  • A device that uses 4.5 kWh in a day costs about $0.72 at $0.16/kWh, or about $21.90 for a 30.4167-day average month.
  • A gaming PC drawing 400 watts for 5 hours per day at $0.16/kWh costs about $0.32 per day and $9.73 per month.
  • A refrigerator may show a high running wattage, but the compressor cycles on and off, so measured kWh is better than assuming full power all day.
  • A window AC drawing 900 watts for 8 hours per day at $0.16/kWh costs about $1.15 per day and $35.04 per month.

Quick reference chart

Electricity Cost Calculator sample reference
Sample result$21.90 per month
Daily cost$0.72
Monthly cost$21.90
Yearly cost$262.80
Daily usage4.5 kWh
Best next stepUse this estimate with the real watts, hours used, local electricity rate, duty cycle, and seasonal use. Compare efficient alternatives if the monthly or yearly cost is higher than expected.

FAQs

Electricity Cost Calculator questions

How much does electricity cost per kWh?

Electricity rates vary by location, plan, season, and bill structure. Use the all-in kWh rate from a recent bill when possible, including delivery charges and usage-based fees.

How do you calculate electricity cost?

Convert watts to kilowatts by dividing by 1,000, multiply by hours used, then multiply by your electricity rate. For monthly cost, multiply the daily cost by about 30.4167 days.

How much does a 1500 watt heater cost to run?

A 1500 watt heater uses 1.5 kWh per hour. At $0.16 per kWh, it costs about $0.24 per hour, $0.72 for 3 hours, and about $21.90 per month if used 3 hours every day.

What appliances use the most electricity?

Heating, cooling, water heating, dryers, ovens, pool pumps, hot tubs, and large always-on equipment often use the most electricity because they draw many watts or run for long periods.

How can I lower electricity usage?

Lower runtime, choose efficient equipment, reduce standby loads, use thermostats or timers, maintain filters and coils, shift flexible use to off-peak hours if available, and compare actual watts with a plug-in power meter.

Does wattage always stay the same?

Some appliances cycle on and off. For those, the result is an estimate unless you measure actual usage with a power meter.

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Common planning mistakes

Using nameplate watts when actual draw is lower, ignoring duty cycle, using the advertised rate instead of the all-in local rate, and assuming seasonal use stays the same all year.

Cite or embed this calculator

If this calculator helps a blog post, classroom resource, forum answer, seasonal guide, or local planning page, link to the canonical calculator URL so readers can run their own numbers and check the assumptions.

EverydayCalc.org, "Electricity Cost Calculator", last updated July 9, 2026, https://everydaycalc.org/calculators/electricity-cost-calculator/

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