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Energy Cost Calculator

Calculate electrical energy cost from power consumption, usage hours, and utility rate. Enter values for instant results with step-by-step formulas.

Reviewed by Daniel Agrici, Founder & Lead Developer

Reviewed by Daniel Agrici, Founder & Lead Developer

Formula

Daily Cost = (Watts ร— Hours) / 1000 ร— $/kWh | Monthly = Daily ร— 30

Kilowatt-hours (kWh) = power in watts ร— hours / 1000. Multiply by your electricity rate to get cost.

Worked Examples

Example 1: 100W bulb 8h/day

Problem:100W, 8h, $0.12/kWh

Solution:0.8 kWh/day ร— $0.12 = $0.096/day = $2.88/mo

Result:$2.88/month

Frequently Asked Questions

How do I calculate fuel cost per mile?

Divide the price per gallon by your vehicle's MPG. At $3.50/gallon with 28 MPG, your fuel cost is $0.125 per mile. For total driving costs including maintenance, insurance, and depreciation, the IRS standard mileage rate (67 cents/mile in 2024) provides a rough benchmark.

Reviewed by Daniel Agrici, Founder & Lead Developer ยท Editorial policy