Shopping & bills

Electricity Cost Calculator

Estimate the daily, monthly, and annual electricity cost of an appliance from watts, usage time, number of devices, and price per kilowatt-hour.

Method reviewedAugust 8, 2026

Appliance usage

Live estimate
Rated powerActual consumption may cycle below the nameplate wattage, especially for refrigerators, air conditioners, and heat pumps.

Estimated monthly cost

$48.60

270.0 kilowatt-hours for the entered monthly use.

Daily energy use
9.00 kWh
Monthly energy use
270.00 kWh
Estimated annual cost
$583.20
Cost per hour
$0.270

Taxes, fixed customer charges, time-of-use pricing, tiers, and demand charges are not included.

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GUIDE

The estimate converts rated watts into kilowatt-hours. Use measured power or average operating wattage for devices that cycle on and off.

Find the right wattage

Look for a nameplate, manual, power adapter, or manufacturer specification. A plug-in power meter can provide a better average for devices whose consumption changes during use.

A rated maximum can overstate energy use when equipment cycles. Refrigerators, air conditioners, heat pumps, and computers often draw different power at different times.

Read the electricity price from your bill

A simple bill estimate works best with an all-in variable price per kWh. Divide relevant usage-based charges by billed kWh when the utility does not show one clear figure.

Fixed customer charges do not change when one appliance uses more energy, so this calculator does not add them. Time-of-use, tiered, or demand pricing requires a more detailed schedule.

Test practical savings

Change hours per day, device count, or wattage to compare alternatives. Reducing operating time often has a direct proportional effect in this model.

For heating or cooling, a lower wattage device may need to run longer. Compare delivered comfort or useful output, not only the nameplate rating.

The formula used

Monthly cost = watts ÷ 1,000 × hours/day × days × devices × price/kWh

One kilowatt-hour equals using 1,000 watts for one hour. The entered electricity price should use the same currency as the desired result.

Example: a 1,500-watt heater

WORKED EXAMPLE

A 1,500-watt heater used 6 hours a day for 30 days consumes an estimated 270 kWh. At $0.18 per kWh, the energy portion of the monthly cost is about $48.60.

Sources and further reading

We use primary educational sources to check terminology and explain how the calculation fits into real financial decisions.

U.S. Department of Energy — Estimating appliance energy useU.S. Energy Information Administration — Electricity prices

Common questions

Understand the estimate

What is a kilowatt-hour?+

It is a unit of energy. One kWh is 1,000 watts used for one hour, or 100 watts used for ten hours.

Why is my bill higher than the estimate?+

The bill includes all devices plus possible taxes, fixed charges, tiers, time-of-use rates, and other utility adjustments.

Can I calculate standby power?+

Yes. Enter the standby wattage and the hours spent in standby each day, usually close to 24 minus active-use hours.

Does a 1,500-watt heater always use 1,500 watts?+

Not necessarily. Thermostats and controls can cycle it off, while some settings use less than the maximum rating.

Keep planning

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