Electricity Cost Calculator

Electricity cost is energy in kilowatt-hours (kWh) times your utility rate: first convert watts and run hours to kWh, then multiply by price per kWh to estimate what a device costs per day or month.

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Electricity cost = (Watts ÷ 1,000) × Hours used × Price per kWh. First convert watts to kilowatts, multiply by run hours to get kWh, then multiply by your utility rate.

Electricity cost estimates assume constant wattage and rate. Actual bills include tiered pricing, demand charges, taxes, and fees not captured here — check your utility statement for your exact rate.

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By Muhammad Abdullah Rauf · Founder, EverydayTools.proUpdated 2026-06-08

How do you calculate electricity cost for an appliance?

Electricity is measured in kilowatt-hours (kWh) — the energy used by a 1,000-watt device running for one hour.

**The formula:**

1. Convert watts to kilowatts: kW = Watts ÷ 1,000

2. Calculate energy used: kWh = kW × Hours

3. Calculate cost: Cost = kWh × Rate ($/kWh)

**Example — Air conditioner:**

• Wattage: 1,500 W

• Run time: 8 hours/day

• Rate: $0.14/kWh

• kWh per day: (1,500 ÷ 1,000) × 8 = 12 kWh

• Cost per day: 12 × $0.14 = $1.68

• Cost per month (30 days): $50.40

**Average US electricity rates (2025):** ~$0.12–$0.22/kWh depending on state. Hawaii (~$0.38) and California (~$0.29) are highest; Louisiana (~$0.09) and Idaho (~$0.09) are lowest.

This calculator lets you stack multiple appliances to estimate your total monthly electricity bill.

How to use Electricity Cost Calculator

  1. Find the wattage of your device

    Check the device label, manual, or product spec sheet. Common appliances: refrigerator 100–400W, washing machine 500W, air conditioner 1,000–3,500W, LED bulb 8–15W, desktop PC 60–300W.

  2. Enter hours per day

    Estimate how many hours the device runs daily. Use actual observed time, not just time plugged in — many devices cycle on and off.

  3. Enter your electricity rate

    Find your rate ($/kWh) on your electricity bill — usually listed as 'energy charge' or 'rate per kWh'. Select your country for a preset average if you do not have your bill handy.

  4. Add more appliances

    Use the 'Add device' button to stack multiple appliances and see your estimated total daily, monthly, and annual cost.

Electricity Cost Calculator examples

Monthly PC gaming cost

Input

Gaming PC 400W + Monitor 27W + 5 hours/day + $0.15/kWh

Output

~$6.37/month

(427 ÷ 1000) × 5 × 30 × $0.15 = 0.427 × 5 × 30 × 0.15 = $9.61 — but a gaming PC cycles between 150W (idle) and 400W (load), so real-world is lower.

Who uses Electricity Cost Calculator?

Common real-world scenarios where this tool saves time.

Identifying energy hogs

Compare appliances side by side to find which devices consume the most electricity. Air conditioners, electric water heaters, and dryers are typically the top consumers.

Comparing appliances before buying

A 500W appliance running 4 hours/day costs ~$8.76/month at $0.146/kWh; an efficient 300W equivalent saves $3.50/month — $42/year. Over 10 years: $420 in savings.

Estimating EV charging cost

A 7.2kW home Level 2 charger running 8 hours per night uses 57.6 kWh — at $0.14/kWh that is $8.06/night or ~$242/month if charging daily.

Solar panel ROI analysis

Calculate monthly electricity cost without solar, then compare to the cost with solar generation to estimate payback period and annual savings.

Workflow guides

Step-by-step chains that connect related tools for common tasks.

Find your top electricity costs

Identify which appliances to target for energy savings.

  1. List every appliance you run daily with estimated hours.
  2. Enter each into the calculator using rated wattage.
  3. Sort by monthly cost — the top 3 items are your savings targets.
  4. For each top item, calculate savings from: using less (reduce hours), upgrading to efficient model (lower watts), or switching timing (off-peak rates if available).

Reference tables

Common appliance electricity costs

At $0.14/kWh — US average 2024.

ApplianceTypical wattageCost per hourCost per month (4h/day)
LED bulb10W$0.001$0.17
Desktop PC150W$0.02$2.52
OLED TV (55-inch)100W$0.01$1.68
Window AC unit1,000W$0.14$16.80
Electric oven2,400W$0.34$40.32
Central AC3,500W$0.49$58.80
Electric water heater4,500W$0.63N/A (thermostat-controlled)

Actual wattage varies by model and age. Check the device label for rated watts.

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Frequently Asked Questions

How do I find the wattage of my appliance?

Check the label on the back or bottom of the device — it shows voltage (V) and either watts (W) or amps (A). If it shows amps, multiply by voltage to get watts: W = V × A. Alternatively, check the product manual or manufacturer website. A smart plug (Kill-A-Watt style meter) measures real-time actual consumption, which is more accurate than rated wattage.

What is a kWh?

A kilowatt-hour (kWh) is the unit of electricity on your bill. 1 kWh = 1,000 watts running for 1 hour. Ten 100W light bulbs running for 1 hour use 1 kWh. Your bill shows total kWh consumed in the billing period, multiplied by your rate ($/kWh) to give the energy charge.

Where do I find my electricity rate?

Check your latest electricity bill — look for 'energy charge', 'rate per kWh', or 'distribution charge'. Your rate is typically between $0.10 and $0.40/kWh depending on location. In the US, the average residential rate is ~$0.146/kWh (2024 EIA data). Hawaii (~$0.38) and California (~$0.29) are highest.

How much does it cost to run an air conditioner all day?

A typical central AC unit (3,500W) running 8 hours/day at $0.14/kWh costs: (3,500 ÷ 1,000) × 8 × $0.14 = $3.92/day or ~$118/month. A window AC unit (1,000W) costs: 1 × 8 × $0.14 = $1.12/day or ~$33.60/month.

What are the highest electricity-consuming appliances?

Ranked by typical monthly consumption: 1) Central AC/heat pump (400–1,200 kWh/mo), 2) Electric water heater (300–500 kWh/mo), 3) Electric dryer (75–150 kWh/mo), 4) Refrigerator (30–80 kWh/mo), 5) Washing machine (15–30 kWh/mo), 6) Dishwasher (15–25 kWh/mo). Lighting accounts for ~15% of a typical home bill.

Does leaving devices plugged in cost electricity?

Yes — 'standby power' or 'phantom load' from devices in standby consumes 5–10% of a typical home's electricity. Common standby consumers: TV (1–5W), microwave clock (2–3W), cable box (15–30W even when off), phone charger without phone plugged in (0.5–2W). Smart power strips cut standby power when devices are not in use.

How much does it cost to charge an iPhone?

An iPhone draws ~5W while charging and takes ~2 hours. Energy: (5 ÷ 1,000) × 2 = 0.01 kWh. At $0.14/kWh: $0.0014 per charge — about $0.51 per year if charged daily. Smartphone charging is negligible in a household electricity bill.

Does this calculator account for tiered pricing?

Not automatically — it uses a single constant rate. Many utilities charge tiered rates where consumption above a threshold is billed at a higher rate. For tiered billing, calculate costs for each tier separately, or use your bill's average rate (total bill ÷ total kWh) as an approximation.

Privacy, accuracy, and trust

Privacy

Appliance wattage, usage hours, and rate inputs stay in your browser—they are not uploaded to EverydayTools servers.

Actual bills include tiered rates, demand charges, taxes, and fees not modeled here. Check your utility bill for exact rate. Financial results are estimates for planning only — not tax, legal, or investment advice. Verify with your employer, institution, or a qualified professional.

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Reviewed on 2026-06-08.