Cost per Watt Formula:
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Cost per Watt is a metric used to calculate the annual electricity cost for each watt of power consumption. It helps consumers understand the ongoing operational costs of electrical devices and appliances in the UK market.
The calculator uses the following formula:
Where:
Explanation: This calculation helps determine the annual electricity cost for devices based on their power consumption and current electricity rates in the UK.
Details: Understanding cost per watt is crucial for energy efficiency planning, budgeting electricity expenses, and making informed decisions about appliance purchases and usage patterns.
Tips: Enter the annual kWh consumption per watt and the current electricity rate in pence per kWh. Both values must be positive numbers for accurate calculation.
Q1: How do I calculate Annual kWh per Watt?
A: Multiply the device's wattage by the number of hours used per year, then divide by 1000 to get kWh, and finally divide by the device wattage.
Q2: What is the average electricity cost in the UK?
A: Electricity costs vary by region and supplier, but typically range from 20-30 pence per kWh for domestic consumers.
Q3: Why calculate cost per watt instead of total cost?
A: Cost per watt allows for easy comparison between different devices regardless of their power rating, helping identify energy-efficient options.
Q4: Can this be used for commercial applications?
A: Yes, the same principle applies to commercial and industrial electricity cost calculations.
Q5: How accurate is this calculation?
A: The calculation provides a good estimate, but actual costs may vary based on tariff structures, time-of-use rates, and seasonal variations.