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CostPerKWh

Electricity cost calculator

Official EIA data · August 2026

W
h
days

Find the watts on the label or nameplate. If it only lists amps, multiply by the voltage: most U.S. outlets are 120 V, large appliances 240 V.

EIA average residential price, August 2026. Your bill shows your exact rate.

Cost to run this device per month

$2.18

12 kWh at 18.16¢/kWh (U.S. average)

Per hour of use
$0.02
Per day of use
$0.07
Per year (same use every month)
$26.15

Power draw

100 W

0.1 kW

Energy per year

144 kWh

if used like this all year

Full details Costs in every state, real-world usage, formula and tips

The formula

Cost = watts × hours ÷ 1,000 × price per kWh

This is the Department of Energy's method. DOE's own example: a 1,500 W kettle used 1 hour a day for a year uses 547.5 kWh, which costs $60.23 at 11¢/kWh. At today's U.S. average of 18.16¢, the same kettle costs $99.43 a year.

Cost per hour by wattage

At the U.S. average residential rate for August 2026.

WattagekWh per hourCost per hour8 h a day for a month
10 W0.01$0.00$0.44
60 W0.06$0.01$2.62
100 W0.1$0.02$4.36
500 W0.5$0.09$21.79
1,000 W1$0.18$43.58
1,500 W1.5$0.27$65.38
3,000 W3$0.54$130.75
5,000 W5$0.91$217.92

Phantom loads

Many electronics keep drawing a little power when switched off: TVs, consoles, chargers, microwaves with clocks. A few watts around the clock add up: 5 W continuously is 3.65 kWh a month. Plugging them into a power strip you switch off removes that load.

Quick answers 4 common questions
How do I calculate the cost of electricity for an appliance?

Multiply the wattage by the hours used and divide by 1,000 to get kWh, then multiply by your rate. Example: a 100 W device for 4 hours a day uses 0.4 kWh a day, 12 kWh a month, which costs $2.18 at the U.S. average of 18.16¢/kWh.

How do I find how many watts something uses?

Look at the label or nameplate, usually on the back or bottom. If it lists amps instead, multiply amps by volts (120 V for most outlets). A plug-in electricity usage monitor measures the real draw of anything that plugs into a 120 V outlet.

What is a kilowatt-hour?

A kilowatt-hour (kWh) is 1,000 watts used for one hour. It is the unit on your electric bill. A 100 W bulb left on for 10 hours uses 1 kWh.

Why is my real cost lower than the calculation?

The label shows maximum power. Devices with thermostats or variable settings, like refrigerators, heaters on low or fans on a slow speed, draw less most of the time. DOE suggests counting a refrigerator's running time as about a third of the time it is plugged in.

Sources

Last reviewed November 2, 2026. Rates refreshed automatically when EIA publishes a new month.

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These are estimates. State rates are EIA averages (total residential revenue ÷ kWh sold), so they include fixed monthly charges spread across usage; your own price per kWh, time-of-use rates and taxes can differ. Real appliance use depends on the model, settings, climate and habits.