Examples · Money · updated 2026-10-01

Electricity cost — the amount from power and running time

This page calculates the energy a device uses (kWh) and what it costs, from its power (W) and running time. In this example, a 1,000 W hair dryer runs for 10 minutes and the price is set to $0.20 per kWh as an assumed value. One use takes about 0.1667 kWh and costs about $0.033; 30 days of daily use cost $1.00.

Board 1

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You can change the numbers here too, but changes made in this frame are not saved. To keep them, open it in CalcAnyway and edit there.

On the left of Board 1 are two input cards: Power (1,000 W) and Time per use (10 min). Price (assumed), at the top right, is $0.20 per kWh, and Days used, at the bottom right, is 30. The other four cards are calculation cards: Hours (the minutes converted to hours), Energy per use, Cost per use and Cost over the days. Changing an input updates the cards connected to it. How formulas are written is covered in the usage guide, under Writing formulas and functions.

The price per kWh differs from one contract to another, so the $0.20 on Board 1 is an assumed value. The actual price is on your own electricity bill, and typing it into the price field gives a figure closer to your own contract.

What does a 1,000 W hair dryer cost for 10 minutes?

In this example, about 3.3 cents. Board 1 works it out in three steps, from the top.

  1. Convert 10 minutes to hours: 10 ÷ 60 = 0.166667 hours, a sixth of an hour. This is the value of the Hours card.
  2. Work out the energy: 1,000 W × 0.166667 h ÷ 1,000 = 0.166667 kWh (about 0.1667 kWh).
  3. Work out the cost: 0.166667 kWh × $0.20 per kWh = $0.033.

That is one use. Used every day for 30 days, it comes to $1.00, the value of the Cost over the days card.

With Days used set to 365, a year of daily use comes to $12.17. With Days used back at 30, it is $1.00.

Energy is power × hours ÷ 1,000

The watt (W) is the unit for the rate at which a device uses electricity; the power printed on an appliance is in W. The kilowatt-hour (kWh) is the unit for the amount of electricity used, and the cost is worked out from it. The prefix k stands for 1,000, so 1 kW = 1,000 W.

A 1,000 W device that runs for one hour uses exactly 1 kWh. With Time per use set to 60 on Board 1, Energy per use is 1 kWh and Cost per use is $0.20. Ten minutes is a sixth of an hour, so at 10 minutes the energy and the cost are a sixth of the 60-minute values. With Time per use back at 10, they are 0.166667 kWh and $0.033.

Energy (kWh) = power (W) × hours used ÷ 1,000

Power × hours gives watt-hours (Wh), and dividing by 1,000 gives kWh. Here 1,000 W × 0.166667 h = 166.667 Wh, and dividing by 1,000 gives 0.166667 kWh. The hours come from dividing the minutes by 60; converting between minutes and hours is also covered in the unit conversion article.

Cost = energy (kWh) × price ($ per kWh)

Written with units, kWh × $/kWh = $. The price says how much one kWh costs, so multiplying the energy by it gives an amount of money.

Changing the numbers

Each row of the table below changes only the value named, starting from the starting values on Board 1.

Starting values: 1,000 W, 10 min, $0.20 per kWh, 30 days (measured on Board 1)
Changed value Energy per use Cost per use Cost over the days
(starting values)about 0.1667 kWh$0.033$1.00
Power 500 Wabout 0.0833 kWh$0.017$0.50
Power 2,000 Wabout 0.3333 kWh$0.067$2.00
Time per use 20 minabout 0.3333 kWh$0.067$2.00
Price $0.40 per kWhabout 0.1667 kWh$0.067$2.00
Days used 365about 0.1667 kWh$0.033$12.17

Doubling the power, the time or the price doubles the cost, because they are linked by multiplication. Halving any of them halves it.

Because it is a product, doubling one factor and halving another brings the amount back. From the starting values, with the power at 2,000 W and the time at 5 minutes, the energy is still 0.1667 kWh and the cost is still $0.033.

Which appliance drives the monthly amount?

Lining several appliances up shows which of them matters most for the month. Board 2 adds up the monthly energy of three appliances and shows the shares as a pie chart.

Board 2

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You can change the numbers here too, but changes made in this frame are not saved. To keep them, open it in CalcAnyway and edit there.

The left column holds the input cards for each appliance: its power in W on top and its hours of use in a month below. The calculation card in the middle works out power × hours ÷ 1,000, the energy for the month in kWh. The right column holds, from the top, the price (the same $0.20 per kWh as Board 1), the cost for the month, the total from a Summary card and a pie chart.

The power and hours of all three appliances are assumed values. The 500 W for the aircon is an average over the time it runs. The dryer's 5 hours equals Board 1's 10 minutes × 30 days (300 minutes).

With the starting values, the aircon uses 500 W × 180 h ÷ 1,000 = 90 kWh, the fridge 50 W × 720 h ÷ 1,000 = 36 kWh, and the dryer 1,000 W × 5 h ÷ 1,000 = 5 kWh. The total is 131 kWh, and at $0.20 per kWh the cost for the month is $26.20.

Each appliance's cost is its energy × $0.20 per kWh: $18.00 for the aircon, $7.20 for the fridge and $1.00 for the dryer, which add up to $26.20. The dryer's $1.00 is the same as Cost over the days on Board 1.

The pie chart shows the shares of the three amounts of energy: 69% for the aircon, 27% for the fridge and 4% for the dryer. In this example, about 7 of every 10 kWh used in the month go to the aircon.

The dryer has the highest power, 1,000 W, yet its share is 4%, because it runs for only 5 hours. The fridge draws just 50 W, but it runs almost the whole month, so it uses 36 kWh — 7.2 times the dryer. The cost for the month depends on both the power and the time.

With the aircon's hours on Board 2 set to 90, the aircon uses 45 kWh, the total is 86 kWh and the cost for the month is $17.20. The shares become about 52% for the aircon, 42% for the fridge and 6% for the dryer.

With the aircon's hours back at 180 and the price set to $0.40 per kWh, the cost for the month is $52.40. The shares on the pie chart stay at 69%, 27% and 4%: they compare amounts of energy with one another, so the price does not move them.

What this calculation does not cover

The boards assume that a device draws the same power the whole time it runs, and that there is a single price per kWh. An actual bill can differ from this calculation in a few ways.

  • Power — the rated value on a device and what it draws in use are not always the same. Some devices, such as aircons and fridges, vary with how they are running. The values on Board 2 are assumed averages.
  • Standby power — some devices draw a little electricity even when they are not in use. The boards leave it out.
  • Price — some contracts change the price per kWh in steps as the amount used grows, adjust a line item month by month with fuel prices, or add a basic charge that does not depend on the amount used. The boards treat the price as one number.

The terms and the price of a contract are on the electricity bill or in the supplier's information. Typing the figure from there into the price field gives a closer estimate for your own contract.

Read next — Unit conversion — length, area and time Minutes to hours, with the reason behind each factor; the same step turns Time per use into Hours on Board 1.


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