Electricity Cost Calculator

Last updated: March 27, 2026
Reviewed by: LumoCalculator Team

Estimate appliance running cost, kWh use, and monthly or yearly power spend with this electricity cost calculator before you leave a heater, AC unit, desktop, or other plug load running longer than planned.

Calculator Inputs

Enter the appliance load, daily runtime, rate, and how many days you use it in a typical month.

Quick presets

Main Result

Review the monthly estimate first, then use the secondary cards to check the active-day cost and projected yearly spend.

Estimated monthly cost

$3.84

24.00 kWh across 30 usage days and 240 hours of runtime.

Per active day

$0.13

Yearly projection

$46.08

Monthly energy

24.00 kWh

Secondary Result

Open the audit trail for the current formula substitution, input values, and the 24/7 comparison view.

Current calculation

Formula substitution for the displayed monthly result

cost = (watts / 1000) x hours x electricity rate

1. Convert watts to kilowatts: 100 W / 1000 = 0.100 kW

2. Active-day energy: 0.100 kW x 8.0 hours = 0.80 kWh

3. Active-day cost: 0.80 kWh x $0.1600 = $0.13

4. Monthly projection: $0.13 x 30 usage days = $3.84

At $0.1600 per kWh, a 100 W appliance used 8.0 hours on each day of use for 30 days per month costs about $3.84 per month and $46.08 per year.

Input audit

Power draw100 W
Power in kilowatts0.100 kW
Hours per day8.0 hours
Usage days per month30
Electricity rate$0.1600/kWh
Average weekly projection$0.89

24/7 comparison

If the same wattage ran continuously, the cost would be $0.38 per full day.

Using your current monthly day count, that would project to $11.52 per month.

This is an alternate scenario for comparison, not the cost of your entered daily runtime.

Use Scenarios

Appliance check

Estimate appliance running cost before long daily use

Use the electricity cost calculator when you want a fast appliance running cost estimate for a space heater, dehumidifier, window AC, desktop, or other device you might leave on for hours at a time.

Bill planning

Turn wattage and usage into a monthly bill estimate

This page works well as a simple kWh cost calculator when you know the device wattage and your utility rate and want to see how one load changes the monthly and yearly bill picture.

Comparison

Compare two schedules or two devices

Run one setup, note the monthly cost, then change either the wattage or the daily runtime to compare a smaller fan against a heater, or part-time use against all-day operation.

Formula Explanation

Step 1

Convert watts to kilowatts

kW = watts / 1000

Electric utilities bill energy in kilowatt-hours, so the first step is to convert the appliance nameplate or measured wattage into kilowatts.

Step 2

Calculate one active day of energy use

daily kWh = kW x hours per day

This shows the energy used on one day of operation based on the runtime you entered. It is the cleanest starting point for every later cost projection.

Step 3

Apply your electricity rate

daily cost = daily kWh x rate per kWh

Once the page knows how many kWh the appliance uses in one day of operation, it multiplies that energy by your rate to get the active-day cost.

Step 4

Scale by usage days per month

monthly cost = daily cost x usage days; yearly projection = monthly cost x 12

Monthly and yearly outputs assume your entered monthly usage pattern repeats. That keeps the result aligned with your own schedule instead of forcing every appliance into a 365-day model.

How to Read the Result

Primary output

Monthly cost is the planning anchor

The headline card answers the most common question: how much this appliance adds to a typical month when it runs with the schedule and rate you entered.

Daily context

Per active day shows the cost of one day of use

Read the daily figure as the cost of one day the appliance actually runs. It helps compare part-time and all-day schedules without mixing them into the monthly assumption.

Projection note

Yearly is a schedule-based projection

The yearly number extends your monthly usage pattern across 12 months. For seasonal appliances such as air conditioners or heaters, rerun the calculator with the months you expect to use it.

Example Cases

Worked example

Case 1: LED desk lamp used every evening

Inputs

  • Appliance wattage: 10 W
  • Hours per day: 6
  • Electricity rate: $0.1600/kWh
  • Usage days per month: 30

Computed Results

  • Per active day: $0.01
  • Monthly cost: $0.29
  • Yearly projection: $3.46
  • Monthly energy: 1.80 kWh

Interpretation

This is a good baseline for a small continuous household load. The electricity cost calculator shows that low-wattage devices usually matter less individually, but they can still stack up when several run every day.

Decision Hint

Use a case like this to separate minor plug loads from the bigger devices that deserve most of your bill-reduction attention.

Worked example

Case 2: Desktop setup used on workdays

Inputs

  • Appliance wattage: 250 W
  • Hours per day: 8
  • Electricity rate: $0.1600/kWh
  • Usage days per month: 22

Computed Results

  • Per active day: $0.32
  • Monthly cost: $7.04
  • Yearly projection: $84.48
  • Monthly energy: 44.00 kWh

Interpretation

Here the monthly result stays moderate because the schedule only applies on workdays. That makes the page useful for office equipment, tools, or study setups that are not on every day of the month.

Decision Hint

If your schedule changes between workdays and weekends, keep the monthly day count realistic instead of assuming the equipment runs every calendar day.

Worked example

Case 3: Window AC during a warm month

Inputs

  • Appliance wattage: 1200 W
  • Hours per day: 8
  • Electricity rate: $0.2000/kWh
  • Usage days per month: 30

Computed Results

  • Per active day: $1.92
  • Monthly cost: $57.60
  • Yearly projection: $691.20
  • Monthly energy: 288.00 kWh

Interpretation

Higher-wattage comfort equipment moves the monthly cost much faster than lighting or electronics. This kind of example shows why an appliance electricity cost calculator is often most useful for heating and cooling loads.

Decision Hint

If a cooling or heating device looks expensive here, rerun the page with fewer hours, a different thermostat strategy, or a more efficient appliance to see the tradeoff.

Boundary Conditions

The wattage field should represent the load you actually expect to use. Nameplate wattage is often a maximum or nominal draw, while cycling devices may average lower over time.
This page assumes a single flat electricity rate. If your bill uses time-of-use pricing, tiered pricing, demand charges, taxes, or fixed monthly fees, the estimate will not capture the full bill structure.
Monthly and yearly results are based on the usage days per month you enter. They are projections, not a statement of what the appliance will cost in every season of the year.
If the product label lists volts and amps instead of watts, convert first with watts = volts x amps before entering a value here.
The calculator handles one appliance setup at a time. To compare multiple devices, either rerun the form or combine the wattages if they always run together for the same schedule.
Always treat the 24/7 comparison as an alternate scenario. It is there to show the cost of continuous operation, not to overwrite the runtime you actually entered.

Sources & References

Frequently Asked Questions

How do I calculate electricity cost from watts and hours?

Convert watts to kilowatts by dividing by 1000, multiply by the hours used on one active day, and then multiply by your electricity rate. This electricity cost calculator handles those steps and then scales the result to your monthly day count.

Should I use the rated wattage or a plug-in power meter?

Use a measured average whenever you have it. The rated wattage on a label is often a maximum or nominal value, while a plug-in meter can show what the appliance actually draws in normal use. For heaters, hair dryers, and resistive loads, the label is often close. For fridges, AC units, and devices that cycle, a meter usually gives a better estimate.

How much does 1000 watts cost per hour?

A 1000-watt load is 1 kilowatt, so its hourly cost is the same as your electricity rate per kWh. At $0.16 per kWh, 1000 watts costs about $0.16 for one full hour of operation.

What electricity rate should I enter?

Use the effective rate from your utility bill whenever possible. If the bill shows several line items, divide the total electricity charge you want to model by the billed kWh to get a practical blended rate, then enter that $/kWh number here.

Why does my estimate differ from the full electric bill?

The calculator models one appliance with one flat rate. Your real bill may also include other devices, taxes, delivery charges, fixed fees, time-of-use pricing, or tiered pricing. For cycling appliances, the real average draw can also be lower than the label wattage.

How do I estimate a refrigerator or air conditioner that cycles on and off?

Either use a plug-in meter to capture the average draw over time, or estimate a duty cycle and lower the runtime accordingly. For example, an appliance that cycles roughly half the time may be better modeled with fewer daily hours than its full-on label suggests.