Electricity Cost Calculator — Free 2026
Estimate daily, monthly, and annual electricity costs for any appliance based on wattage and usage.
How It Works
- Enter appliance wattage
- Set daily usage hours
- Enter your electricity rate
- Read your results
Understanding Electricity Costs
Electricity is one of the most significant recurring expenses in any household or business. The average American household spends approximately $120 to $150 per month on electricity, but this varies widely depending on location, home size, climate, and energy habits. Understanding exactly how much each appliance costs to run empowers you to make smarter energy decisions and potentially save hundreds of dollars per year.
The basic unit of electricity billing is the kilowatt-hour (kWh). One kWh equals 1,000 watts of power used for one hour. Your electric utility charges you a rate per kWh consumed, which appears on your monthly bill. By knowing the wattage of your appliances and how long you run them, you can calculate the exact cost contribution of each device to your total bill.
How the Electricity Cost Formula Works
The formula is straightforward: kWh = (Watts x Hours x Days) / 1,000, and Cost = kWh x Rate. For example, a 100-watt light bulb running 8 hours per day for 30 days consumes (100 x 8 x 30) / 1,000 = 24 kWh. At $0.12 per kWh, that costs $2.88 per month. Scaling this up to a year (365 days) gives 292 kWh and $35.04 annually — just for one light bulb. Switching to a 15-watt LED that produces the same light would cost only $5.26 per year, saving you nearly $30.
This calculator shows you the daily cost for a single day of usage, the monthly cost for 30 days, and the annual cost for 365 days — regardless of the period you enter in the Days field. The kWh Used output shows consumption for your specified period. This lets you quickly compare costs across different timeframes and plan your energy budget. You can also use our percentage calculator to figure out what portion of your total electric bill each appliance represents.
Common Appliance Wattages
Knowing typical wattage values helps you estimate costs quickly. LED light bulbs use 8-15 watts, laptop computers 30-70 watts, desktop computers 100-300 watts, televisions 50-200 watts, refrigerators 100-400 watts, washing machines 400-1,400 watts, dishwashers 1,200-2,400 watts, electric ovens 2,000-5,000 watts, and central air conditioning units 3,000-5,000 watts. Keep in mind that many appliances cycle on and off, so their average consumption may be lower than their peak wattage.
Energy-Saving Strategies
Small changes in energy habits can lead to meaningful savings. Replacing incandescent bulbs with LEDs throughout your home can save $75 or more per year. Using a smart power strip to eliminate phantom loads from electronics in standby mode saves an average of $100 annually. Setting your thermostat just 2 degrees higher in summer and 2 degrees lower in winter can reduce heating and cooling costs by up to 10%. Running your dishwasher and laundry during off-peak hours, if your utility offers time-of-use pricing, can also reduce costs. Track your spending alongside other household costs using our tip calculator when dining out.
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