Running Cost Formula:
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The motor running cost calculates how much it costs to operate an electric motor in a vehicle based on its power consumption, operating time, and electricity rate. This helps estimate operational expenses and compare efficiency between different vehicles.
The calculator uses the running cost formula:
Where:
Explanation: The formula converts watt-hours to kilowatt-hours (dividing by 1000) and multiplies by the electricity rate to get the total cost.
Details: Understanding operational costs helps in budgeting, comparing vehicle efficiency, and making informed decisions about vehicle usage and maintenance.
Tips: Enter motor power in watts, running time in hours, and electricity rate in your local currency per kWh. All values must be positive numbers.
Q1: How accurate is this calculation?
A: It provides a good estimate, but actual costs may vary based on motor efficiency, load conditions, and electricity rate fluctuations.
Q2: Should I use peak or average power consumption?
A: For accurate results, use average power consumption during operation. Peak power only applies during maximum load conditions.
Q3: How can I reduce my motor running costs?
A: Consider more efficient motors, proper maintenance, optimizing usage times, and exploring lower electricity rates.
Q4: Does this include maintenance costs?
A: No, this only calculates electricity costs. Maintenance, depreciation, and other expenses should be considered separately.
Q5: Can I use this for hybrid vehicles?
A: Yes, but only for the electric motor portion. You would need to calculate fuel costs separately for the combustion engine.