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Financial

Electricity Cost Calculator

Free electricity cost calculator. Find out how much your appliances cost to run daily, monthly, and yearly, based on wattage, usage hours, and your electricity tariff.

The cost to run an appliance is calculated as: kWh = (Watts x Hours Used) / 1000, then Cost = kWh x Price per kWh. For example, a 1500W air conditioner run for 6 hours a day at $0.25/kWh costs $2.25 per day, or about $67.50 per month.

€
Your Appliances
W
W
W

3,28 €

Daily cost

98,40 €

Monthly cost

1.197,20 €

Yearly cost

Cost Breakdown by Appliance
Refrigerator27,00 € / month
Air conditioner67,50 € / month
TV3,75 € / month
Daily energy use13.1 kWh

Last updated: July 9, 2026

Electricity Cost Calculator

How to Calculate Appliance Electricity Costs

Every electrical appliance's running cost depends on three things: how much power it draws (in watts), how long it runs each day, and your price per kilowatt-hour (kWh). The formula is: kWh per day = (Watts x Hours per day) / 1000, then Cost = kWh x Price per kWh.

Common Surprise

Why Always-On Appliances Cost More Than You'd Expect

Wattage alone doesn't tell the full story — usage time matters just as much. A 1500W air conditioner used for 3 hours a day uses 4.5 kWh, while a 150W refrigerator running 24 hours a day uses 3.6 kWh. The AC has 10x the wattage but only slightly more daily energy use, because the fridge simply never turns off.

This is why identifying your "always-on" appliances (fridges, freezers, routers, security systems) is often more useful for reducing your bill than focusing only on high-wattage devices used briefly.

Reducing Costs

Where the Biggest Savings Usually Are

Heating and cooling appliances (air conditioners, space heaters, water heaters) typically have the highest wattage and the biggest impact on a bill when used often. Reducing their runtime, upgrading to more efficient models, or adjusting thermostat settings tends to produce larger savings than unplugging low-wattage electronics.

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Useful Tools

For related calculations, see our fuel cost calculator, VAT calculator, and percentage calculator.

Practical Use Cases

When Do You Need an Electricity Cost Calculator

01

Budgeting for a new appliance

Estimating the added monthly cost before buying an air conditioner, heater, or other high-wattage device.

02

Comparing appliance efficiency

Checking which of two similar appliances actually costs less to run over a year.

03

Identifying your biggest energy users

Finding which appliances contribute most to a high electricity bill.

04

Home office setup

Estimating the electricity cost of running a computer, monitor, and other equipment daily.

05

Landlord/tenant utility splitting

Working out a fair estimate for shared appliance costs in a rented home.

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Frequently Asked Questions

How do I calculate the electricity cost of an appliance?

Multiply the appliance's wattage by the hours used per day, divide by 1000 to get kWh, then multiply by your electricity price per kWh. For example: a 100W lamp used 5 hours/day = 0.5 kWh/day, which at $0.30/kWh costs $0.15/day.

Where do I find an appliance's wattage?

Check the appliance's nameplate or label (usually on the back or bottom), the user manual, or the manufacturer's product page. It's usually listed in watts (W) — for appliances rated in amps, multiply amps by your voltage (110V or 230V, depending on your country) to estimate watts.

Why does my fridge cost so much even though it's low wattage?

Refrigerators run continuously (24 hours/day), so even a modest 150W fridge accumulates 3.6 kWh per day — often more than higher-wattage appliances used only a few hours, like an air conditioner or a hair dryer.

Does this calculator account for standby power?

No — this calculator assumes the appliance draws its rated wattage only during its stated hours of use. Many electronics also draw a small amount of standby ("phantom") power when switched off but still plugged in, which isn't included here.

How do I find my electricity price per kWh?

Check a recent electricity bill — it typically states the price per kWh directly, or you can divide the total cost by the total kWh consumed for that billing period.