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Electricity Cost Calculator

Add your appliances to estimate daily, monthly, and annual electricity costs.

$/kWh
National avg โ‰ˆ $0.13/kWh
ApplianceWattsHrs/DayDaily kWhDaily CostMonthly CostAnnual Cost
Daily Cost
$0.00
0 kWh/day
Monthly Cost
$0.00
0 kWh/mo
Annual Cost
$0.00
0 kWh/yr

How Electricity Costs Are Calculated

The formula is straightforward: kWh = Watts ร— Hours รท 1000. Multiply daily kWh by your electricity rate to get the daily cost, then scale to monthly (ร— 30) and annual (ร— 365) figures.

The US national average electricity rate is approximately $0.13/kWh, but rates vary widely by state โ€” from around $0.10/kWh in Louisiana to over $0.30/kWh in Hawaii and California. Check your utility bill for your exact rate.

Large appliances like central AC, electric water heaters, and electric dryers are typically the biggest contributors to a home electricity bill. Switching to energy-efficient models or reducing usage hours can significantly cut costs.