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Check appliance label or manual Enter valid wattage.
Average daily usage hours Enter hours 0–24.
US average ~$0.13–$0.16/KWh Enter valid rate.
From your utility bill statement Enter valid KWh.
Energy rate from your bill Enter valid rate.
Meter/service charge (optional) Enter valid charge.
Select vehicle or enter custom Enter valid battery size.
Enter valid KWh.
EV batteries last longer charged to 80% Select charge level.
Home charging rate Enter valid rate.
Energy lost in charger/battery Select efficiency.
EPA range for cost-per-mile Enter valid range.

Compare the running cost of two appliances side by side:

Appliance A
Wattage of Appliance A Enter valid watts.
Daily usage hours Enter valid hours.
Appliance B
Wattage of Appliance B Enter valid watts.
Daily usage hours Enter valid hours.
Same rate for both appliances Enter valid rate.
Daily Cost
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⚠️ Disclaimer: Results are estimates based on the wattage and hours you enter. Actual usage varies. Electricity rates, appliance efficiency, and usage patterns affect real costs. Check your utility bill for your actual rate.

📚 Sources & Methodology

Electricity cost calculations are based on the following verified sources:

Complete Guide to Electricity Costs — Appliances, Bills & EV Charging

How to Calculate Electricity Cost for Any Appliance

The electricity cost formula is straightforward: Cost = Watts ÷ 1000 × Hours × Rate per KWh. First convert watts to kilowatts (divide by 1,000) because electricity is billed in kilowatt-hours. Then multiply by usage hours and your electricity rate. A 1,500-watt space heater at $0.13/KWh running 8 hours costs 1.5 × 8 × $0.13 = $1.56 per day, $10.92 per week, or $46.80 per month.

Electricity Cost Formula
KWh = Watts / 1000 x Hours Used Daily Cost = KWh x Rate ($/KWh) Monthly Cost = KWh x Rate x 30 days Annual Cost = KWh x Rate x 365 days Example: 3500W AC, 6 hrs/day, $0.14/KWh: Daily = (3500/1000) x 6 x $0.14 = $2.94/day Monthly = $2.94 x 30 = $88.20/month

Average US Electricity Rates by State (2024)

StateAvg Rate $/KWhAvg Monthly Billvs. National Avg
Hawaii$0.390$169+194%
Connecticut$0.254$178+91%
Massachusetts$0.245$140+84%
California$0.237$140+79%
New York$0.202$125+52%
National Average$0.133$137
Texas$0.128$151-4%
Florida$0.130$138-2%
Louisiana$0.099$133-26%
North Dakota$0.093$119-30%
Washington$0.101$104-24%

Appliance Running Costs — What Uses the Most Electricity

ApplianceTypical WattsDaily UseMonthly KWhMonthly Cost (@$0.13)
Central AC (3 ton)3,500W6 hrs630$81.90
Electric water heater4,500W3 hrs405$52.65
Electric dryer5,000W1 hr150$19.50
Space heater1,500W8 hrs360$46.80
Electric range/oven2,500W1 hr75$9.75
Refrigerator (modern)150W24 hrs (cycles)45$5.85
Pool pump1,500W6 hrs270$35.10
LED TV (55 inch)100W5 hrs15$1.95
Desktop computer200W8 hrs48$6.24
LED light bulb9W5 hrs1.35$0.18

EV Charging Cost vs. Gasoline

The cost to charge an electric vehicle at home is typically 3–4 times cheaper per mile than gasoline. At $0.13/KWh, charging 75 KWh (a Tesla Model 3 Long Range) from empty costs about $9.75. With a 330-mile EPA range, that is $0.030 per mile. Gasoline at $3.50/gallon in a 30 MPG car costs $0.117 per mile — nearly 4 times more per mile.

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Money-saving tip: Many utilities offer time-of-use (TOU) rates where electricity is cheaper at night (often 9 PM–6 AM). Charging your EV and running dishwashers or dryers during off-peak hours can cut electricity costs by 30–50% for those loads. Check your utility's rate structure before deciding on a fixed vs TOU rate plan.

❓ Frequently Asked Questions

Cost = (Watts/1000) x Hours x Rate ($/KWh). Convert watts to kilowatts first, multiply by usage hours to get KWh, then multiply by your electricity rate. Example: 1500W heater, 6 hours, $0.14/KWh = 1.5 x 6 x $0.14 = $1.26/day. Use the Appliance Cost tab above with your actual wattage and rate.
Monthly bill = Monthly KWh x Rate + Fixed charges. Find your KWh on your utility bill statement, multiply by the per-KWh rate, add any fixed service/meter charges. Or use the Monthly Bill tab above. US average: 900 KWh x $0.13 = $117 + ~$10 fixed = $127/month. Your actual bill varies by state, season, and home size.
EV charging cost = Battery KWh x Rate / Efficiency. A 75 KWh battery at $0.13/KWh with 90% Level 2 efficiency: 75 x $0.13 / 0.90 = $10.83 for a full charge. At 300-mile range: $0.036/mile. vs gasoline at 30 MPG, $3.50/gallon = $0.117/mile. EVs cost about 70% less per mile for fuel. Use the EV Charging tab above for your specific vehicle.
The US national average residential electricity rate is approximately $0.133/KWh as of 2024 (US EIA data). Rates vary significantly: Hawaii $0.39/KWh, Connecticut $0.25, California $0.24, Texas $0.13, Louisiana $0.099. Check your utility bill for your exact rate. Commercial and industrial rates are typically lower; electric vehicle time-of-use rates can be much lower at night.
A 1,500W space heater at 8 hours/day: 1.5 KW x 8hr x 30 days = 360 KWh/month. At $0.13/KWh = $46.80/month. At $0.20/KWh (Connecticut, CA): $72/month. A 1,000W heater: $31.20/month at average rates. Space heaters are expensive for whole-room heating. Use a programmable thermostat and zone heating to reduce costs.
Central AC (3,500W) at 8 hours/day: 3.5 x 8 x 30 = 840 KWh/month x $0.13 = $109.20/month. Window unit (1,200W) at 8hr: 288 KWh = $37.44/month. Costs vary by climate and SEER rating. SEER 18 vs SEER 10 saves about 44% energy. Setting thermostat to 78°F instead of 72°F saves approximately 6% per degree on AC costs.
1 KWh = 1,000 watts used for 1 hour = 1 KW x 1 hour. Your utility meter records KWh consumed. A 100W bulb for 10 hours = 1 KWh. 10 such bulbs for 1 hour = 1 KWh. US average rate is about $0.133/KWh. Running all appliances typically consumes 750-1,200 KWh/month for an average household. Your bill = monthly KWh x rate + fixed charges.
A 9W LED replaces a 60W incandescent, saving 51W. At 5 hours/day: 51W x 5hr x 365 = 93 KWh/year saved x $0.13 = $12.09/year per bulb. A home with 30 bulbs saves $363/year switching to LED. LEDs also last 25,000+ hours vs 1,000 for incandescent, saving on replacement costs. Full payback typically under 1 year at average electricity rates.
Top strategies: (1) HVAC: set AC to 78F, heat to 68F, use programmable thermostat - saves 10-15%. (2) Water heater: set to 120F, add insulation jacket - saves $30-60/year. (3) Lighting: switch all bulbs to LED - saves $150-400/year for a typical home. (4) Standby power: unplug TVs, chargers, and electronics - saves $50-100/year. (5) Time-of-use rates: shift heavy loads (EV, washer, dryer) to off-peak hours.
Modern Energy Star refrigerators use 1.0-1.5 KWh/day = 30-45 KWh/month = $3.90-$5.85/month at $0.13/KWh. Older 1990s refrigerators use 3-4x more (90-150 KWh/month). Keeping the refrigerator full (not overfull), cleaning coils annually, and maintaining 37-40°F (3-4°C) optimizes efficiency. A mini-fridge uses 0.7-1.0 KWh/day.
Power (KW or watts) is the rate of energy use right now - like speed. Energy consumption (KWh) is the total used over time - like distance. A 2 KW device running 3 hours consumes 6 KWh. A 0.5 KW device running 12 hours also consumes 6 KWh. You are billed for KWh (energy consumed), not KW (instantaneous power). High-wattage devices are only expensive if they run for many hours.
Standby or phantom load from devices left plugged in: TV 2-10W, cable box 10-25W (always on), desktop computer 5-10W, phone charger 0.5-2W, game console 1-15W, microwave clock 3W, printer 5W. Total phantom load in a typical home: 50-100W = 1.2-2.4 KWh/day = $57-$114/year. Smart power strips cut standby power for entertainment and office equipment clusters automatically.

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