Your electricity use is measured in kilowatt-hours (kwh). One kwh equals 1,000 watts of electricity used for one hour. For example, a 100-watt light bulb that burns for 10 hours consumes one kwh of electricity.
Operating Cost Calculation
We’ve based our calculations in this brochure on an electricity price of 11 cents per kwh (unless otherwise noted). The actual price you pay for electricity may be more or less than 11 cents per kwh , so take that into account in any comparisons or calculating you do. Please take note whether you are paying a fixed or variable price for your electricity supply. If you are paying a variable price, your energy costs will fluctuate. For more information about supply costs, including historical prices, click here. The cost of operating an electrical appliance can be estimated using this formula:
(Watts ÷ 1,000) x Hours Used x 11 cents = Operating Cost
Example: Calculate how much would it cost to operate
a portable electric space heater for four hours with the
heat setting on high (1,500 watts).
(1,500 watts ÷ 1,000) x 4 hours x 11 cents = 66 cents
Wattage: Wattage is usually listed on the appliance nameplate or serial number plate, or in the owner’s manual. If wattage is not listed, you can estimate it by multiplying amps by volts:
Volts x Amps = Watts
For example, to calculate the wattage from the nameplate below:
| Model No:
|| 60 cycles|
120 volts x 0.6 amps = 72 watts
Motors: It’s also good to know that electric motors are commonly rated in horsepower (hp), and 1 hp equals approximately 746 watts. Keep in mind that the figures represented in this guide are estimates from various sources. Your energy consumption will vary, depending on things such as the number of people in your household, seasonal changes, the size, age and efficiency rating of your appliances, and how much your appliances are used.
NYSEG Day/Night & Time-of-Use: Operating costs will also vary if you are billed on NYSEG’s optional day/night or residential time-of-use rates. The day/night rate is available to all residential customers who use at least 1,000 kwh of electricity per month – a substantial portion of which is used between 11:30 p.m. and 7 a.m. (EST). Time-of-use rates are available to residential customers who use more than 35,000 kwh per year. For comparison you can base your day/night rates at 12 cents per kwh (day) and 6 cents per kwh (night). An average day/night rate of 10 cents per kwh assumes 1/3 use on the day rate and 2/3 use on the night rate.