Electricity Cost Calculator

Quick answer

The electricity cost calculator works out how much it costs to run an appliance per day, month and year from its power in watts, the hours it runs and your electricity price.

h
$ /kWh
Energy per day of use
3 kWh
Cost per day of use
$ 0.48
Cost per month
$ 14.61
Cost per year
$ 175.32
Energy per year
1,096 kWh

Electricity is billed in kilowatt-hours. A 1,000 W appliance running for one hour uses 1 kWh. Knowing the cost of each appliance helps decide which to replace or use less: heating, cooling and anything that runs around the clock add up quickly.

How to use the Electricity Cost Calculator

  1. Power consumption
  2. Usage per day
  3. Days used per week
  4. Quantity
  5. Electricity price

Results update as you type, and every field accepts the units shown in its menu.

How it works

Enter the appliance power, how many hours a day and days a week it runs, the number of identical appliances and your price per kWh.

Inputs explained

Field What to enter
Power consumption Units: W, kW, hp
Usage per day In h
Days used per week A number
Quantity A number
Electricity price Units: /kWh

What each result means

  • Energy per day of use = [Power consumption]×[Usage per day]×[Quantity]÷1000
  • Cost per day of use = [Energy per day of use]×[Electricity price]
  • Cost per month = [Cost per day of use]×[Days used per week]×52.18÷12
  • Cost per year = [Cost per day of use]×[Days used per week]×52.18
  • Energy per year = [Energy per day of use]×[Days used per week]×52.18

Example values

How the main result changes when Power consumption changes and everything else stays at the example values above:

Power consumption (W) Cost per year
500 87.66
750 131.49
1,000 175.32
1,250 219.16
1,500 262.99
2,000 350.65

Formula

Energy (kWh) = power (W) × hours ÷ 1,000 Cost = energy × price per kWh Yearly = daily × days used per week × 52.18

Worked example

Inputs: Power consumption: 1,000 W; Usage per day: 3 h; Days used per week: 7; Quantity: 1; Electricity price: $0.16 /kWh.
Results: Energy per day of use = 3 kWh; Cost per day of use = $0.48; Cost per month = $14.61; Cost per year = $175.32; Energy per year = 1,096 kWh.

Frequently asked questions

How much does it cost to run a 1,000 W heater?

1 kWh per hour: 16 cents an hour at $0.16/kWh, or about $1.44 for 9 hours.

How do I find an appliance's wattage?

Check the rating label (W or VA) or multiply volts × amps.

What is the average electricity price?

In the U.S. about 16–17 cents/kWh for homes in 2024–2025; prices vary widely by state and country.

Sources

  1. U.S. EIA: Electric Power Monthly, average retail price

Cite this calculator

Speedy Calculator. (2026). Electricity Cost Calculator. Speedy Calculator. https://speedycalculator.com/calculators/everyday-life/electricity-cost/