Cost Calculation Formula:
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This calculator estimates the electricity cost of running a motor or electrical appliance in your home based on its power consumption, duration of use, and your local electricity rate.
The calculator uses the following formula:
Where:
Explanation: The formula calculates energy consumption in kilowatt-hours (kWh) and multiplies by the cost per kWh to determine total cost.
Details: Understanding energy costs helps with budgeting, comparing appliance efficiency, and identifying potential energy savings in your home.
Tips:
Q1: How accurate is this calculation?
A: It provides a good estimate for continuous operation. Actual cost may vary with motor efficiency, load, and start-up currents.
Q2: What if my motor cycles on and off?
A: For devices with thermostats or cycling operation, use the duty cycle (percentage of time actually running) in your time calculation.
Q3: Where can I find my electricity rate?
A: Check your utility bill - it's typically listed as cost per kilowatt-hour (kWh) in the charges breakdown.
Q4: Does this include other costs like demand charges?
A: No, this calculates only energy consumption costs. Some commercial rates may include additional demand charges.
Q5: How can I reduce motor running costs?
A: Consider energy-efficient motors, proper sizing, regular maintenance, and reducing unnecessary run time.