Electricity cost calculator for appliances

Enter the wattage, how long the appliance runs and your electricity rate – the calculator shows energy use and running cost per day, month and year straight away. Add standby power to include the rest of the time it stays plugged in.

W
Found on the rating label or spec sheet; a plug-in power meter gives the real figure.
hours
days
7 = every day, 5 = weekdays only
$/kWh
Pre-filled: U.S. average residential price, 18.31 ¢/kWh (EIA, July 2026, preliminary). Your rate per kWh is on your utility bill.
W
Draw during the rest of the week while it stays plugged in. 0 = unplugged or no standby.

Result

Cost per year
US$26.73
Cost per month
US$2.23
Cost per day (average)
US$0.07
Energy use per year (kWh)
146
Energy use per month (kWh)
12.17
Energy use per day (kWh)
0.4

How it is calculated

How to calculate electricity cost from watts

Energy is power multiplied by time: kWh = watts × hours ÷ 1,000. The cost is kWh × price per kWh. A 100 W appliance running for 4 hours uses 400 Wh, or 0.4 kWh.

The calculator works from one week: hours of use = hours per day × days per week. It scales up with 365 ÷ 7 weeks per year; a month is one twelfth of the year and a day is one 365th. Daily figures are therefore averages over every calendar day, including days the appliance is not used.

Worked examples (rate $0.1831/kWh)

ApplianceUsekWh per yearCost per year
TV 100 W4 hours a day146 kWh$26.73
TV 100 W + 0.5 W standby4 hours a day, standby otherwise149.65 kWh$27.40
Washing machine 2,000 W1 hour on 3 days a week312.86 kWh$57.28
Desktop PC 300 W8 hours on 5 days a week625.71 kWh$114.57

TV with standby, step by step: 4 hours × 7 days = 28 hours of use per week, leaving 168 − 28 = 140 hours on standby. Per week: 100 W × 28 h = 2.8 kWh plus 0.5 W × 140 h = 0.07 kWh. Per year: 2.87 kWh × 365 ÷ 7 = 149.65 kWh, of which 3.65 kWh is standby. Cost: 149.65 kWh × $0.1831 = $27.40 (standby share $0.67).

Standby rule of thumb: 1 watt drawn around the clock is 8,760 hours × 1 W = 8.76 kWh a year – about $1.60 per watt per year at $0.1831/kWh.

Which numbers to enter

Wattage: The rating label usually shows maximum power. Appliances with a heater or compressor (washer, fridge, dryer) only draw it some of the time. For those, the yearly kWh on the EnergyGuide label is more accurate, and a plug-in power meter shows actual use.

Electricity rate: The default is the U.S. average residential price from the U.S. Energy Information Administration (Electric Power Monthly, Table 5.6.A, July 2026, preliminary): 18.31 cents per kWh. Rates vary widely by state and season, so use the price per kWh from your own bill for a precise figure. Outside the U.S., enter your local rate – the result is in the same currency.

This is an estimate assuming steady use. It does not model varying power draw, time-of-use tariffs, fixed monthly charges or future price changes.

Frequently asked questions

How do I convert watts to cost?

Watts × hours ÷ 1,000 gives kWh, and kWh × your rate gives the cost. 100 W for 4 hours a day is 0.4 kWh a day, 146 kWh a year and $26.73 a year at $0.1831/kWh.

What is the average price of electricity per kWh in the U.S.?

The EIA reports an average residential price of 18.31 cents per kWh for July 2026 (preliminary). Your own rate depends on your state, utility and plan.

How much does standby power cost?

Each watt of standby around the clock is 8.76 kWh a year, about $1.60 at $0.1831/kWh. A TV with 0.5 W standby that runs 4 hours a day uses 3.65 kWh on standby – $0.67 a year.

How much does it cost to run a computer per month?

A 300 W desktop running 8 hours on 5 days a week uses 625.71 kWh a year, which is 52.14 kWh and $9.55 a month at $0.1831/kWh.

Why is my measured usage lower than the label?

The label usually states peak power. Many appliances run below it or cycle on and off, like fridges and washing machines. A plug-in power meter or the EnergyGuide label gives a more realistic yearly figure.

Can I use it with pounds, euros or rupees?

Yes. Replace the rate with your local price per kWh; the costs are then in that currency. The currency symbol shown stays $, but the numbers are correct.

Sources and legal basis

As of:

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