Everyday ยท home

Electricity Cost Calculator

By the Dailycaltor team · formula-verified · last updated July 2026

What that appliance really costs to run.

AC ~1500W · fridge ~150W · TV ~100W
$
Cost per month
โ€”
 

Details

Energy per monthโ€”
Cost per dayโ€”
Cost per yearโ€”
Advertisement

Formula

Energy (kWh) = watts ร— hours รท 1000. Cost = kWh ร— your electricity rate. A 1,500 W appliance running 3 hours uses 4.5 kWh a day โ€” at $0.15/kWh that is about $20 a month.

Worked examples

Common mistakes

Last updated: July 2026. Educational estimates only.

Questions

How do I calculate an appliance's running cost?

Watts ร— hours รท 1000 gives kWh; multiply by your rate per kWh.

What uses the most electricity at home?

Heating and cooling, water heaters and dryers dominate; AC is the big one in hot climates.

How do I find my rate per kWh?

It is on your electricity bill โ€” divide the energy charge by the kWh used if not listed.

Watts vs kilowatt-hours?

Watts measure power draw; kWh measure energy used over time (power ร— hours).

Does 24/7 standby matter?

A few watts around the clock adds up โ€” 10 W constant โ‰ˆ 7 kWh/month.

Why is my bill higher than this estimate?

Bills include fixed charges, taxes and tiered rates on top of pure usage.