How to Figure Operating Costs
To find out how much is costs to operate your appliance by the hour, follow these simple steps:
- Find the wattage rating on the back or bottom of your appliance. If there is an amperage rating instead, multiply the amps times the volts to calculate the watts. (amps x volts = watts)
Example: A microwave oven rate at 6 amps and 120 volts would use 720 watts of electricity. (6 amps x 120 volts = 720 watts)
- Divide the appliance wattage by 1,000 to convert to kilowatts.
Example: 720 watts divided by 1,000 = .72 kilowatts
- Multiply the kilowatts by 9.735 cents (current kilowatt hour cost for a residential service)
Example: .72 kilowatts x .09735 = .070
The cost to use a 720-watt microwave oven for one hour is 7.0 cents!
Keep in mind that:
- Appliances with a thermostat will not run 100% of the time.
- Electric motors use approximately 750 watts per hour horsepower.
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