When we think about the costs associated with various home conservation strategies, such as ditching our incandescent bulbs for LEDs, turning off lights in unoccupied rooms, and turning down the temperature on our water heaters, it’s usually in terms of annual savings. Instead of an aggregated estimate, what about the cost per use? With your electric bill in hand, appliance model number, and a calculator, you can figure out how much it costs to run most of the major appliances in your home on a per use basis.
We begin by calculating the cost per kilowatt hour (kWh). You’ll need your electric bill for this one. First, note the total electricity usage in kilowatt-hours and the total cost for a given month. Second, we do the following calculation:
(1) Total cost ÷ Total kilowatt-hours = Cost/kWh
My total electric usage for the month of March was 1584 kWh, which cost $160.78. Therefore, my cost per kilowatt-hour is:
(2) $160.78 ÷ 1584 kWh = $0.10/kWh
Now that we have the cost per kilowatt hour, we can calculate the cost per use of almost any home appliance. We’ll use the average energy usage of an electric dryer as an example. First, we’ll need the wattage. You can find this number on a label somewhere on the back or on the underside of most appliances or by searching for the make and model of an appliance on the manufacturer’s website. Let’s assume that the average energy usage of an electric dryer is 3400 watts. To convert the wattage of the dryer to kilowatt hours for one hour, we do the following:
(3) (Wattage x Number of Hours) ÷ 1000 = kWh
(4) (3400 watts x 1 hour) ÷ 1000 = 3.4 kWh
We need to determine the usage factor by dividing the amount of time per use in minutes by 60 minutes, following the number of hours chosen in equation 4. We’ll assume that the amount of time per cycle of an electric dryer is 45 minutes. Therefore, we calculate the usage factor as follows:
(5) 45 minutes ÷ 60 minutes = 0.75
Next, we multiple the usage factor by the kilowatt-hour of the appliance calculated in step 4.
(6) 0.75 x 3.4 kWh ≅ 2.55 kWh
Finally, we multiply the kilowatt-hour of a single use by the cost per kilowatt-hour calculated in step 1.
(7) 2.55 kWh x $0.10 ≅ $0.25
Each dryer cycle costs approximately 25 cents. If you’re looking for average wattages of home appliances, head over to the Estimating Appliance and Home Electronic Energy Use page on the U.S. Department of Energy’s website at: http://energy.gov/energysaver/articles/estimating-appliance-and-home-electronic-energy-use.