Renewable Energy Cost Calculator

Energy Cost Calculator

Units of electricity:

One of the most common units of electrical power for appliances is the watt (W). Other common units of power include kilowatts (kW), British thermal units (BTU), horsepower (hp), and tons.

Watts, kilowatts and kilowatt-hours:

Watts (W) is a unit of power used to quantify the rate of energy transfer. It is defined as 1 joule per second. A kilowatt is a multiple of a watt. One kilowatt (kW) is equal to 1,000 watts. Both watts and kilowatts are SI units of power and are the most common units of power used. Kilowatt-hours (kWh) are a unit of energy. One kilowatt-hour is equal to the energy used to maintain one kilowatt of power for one hour. Generally, when discussing the cost of electricity, we talk in terms of energy. Energy (E) and power (P) are related to each other through time (t):

P = E/t

E = Pt

Electricity is most often measured and paid for based on the number of kilowatt-hours used. The reason that kilowatts-hours are typically used as a measurement of energy rather than watt-hours is simply because of scale: the amount of energy a typical household in the United States uses in a year is on the order of millions of watts, so it is easier to discuss in terms of kilowatt-hours instead.

BTU and BTU/h

British thermal units (BTU) are a measurement of heat used as part of the Imperial and US customary units of measurement. It is defined as the amount of heat that is required to increase the temperature of 1 pound of water by 1 degree Fahrenheit. Heat is a type of energy, so BTU can be directly compared to other measurements of energy such as joules (SI unit of energy), calories (metric unit), and kilowatt-hours (kWh).

1 BTU = 0.2931 watt-hours

1 BTU = 0.0002931 kWh

1 kWh ≈ 3412 BTU

BTU/h, BTU per hour, is a unit of power that represents the energy transfer rate of BTU per hour. BTU/h is often abbreviated to just BTU to represent the power of appliances. For example, an AC marked with a label of 12,000 BTU actually has a power requirement of 12,000 BTU per hour.

1 BTU/h = 0.2931 watt

Horsepower:

Horsepower (hp) is a unit of power most commonly used to reference the output of engines or motors. There are a number of different definitions of horsepower. Two of them are mechanical horsepower and metric horsepower.

1 unit of mechanical horsepower = 745.7 watts

1 unit of metric horsepower = 735.5 watts

The term "horsepower" was developed by James Watt, who compared the output of steam engines to the power of draft horses based on how many times a horse could turn a mill wheel in an hour.

Ton:

There are many different definitions of a ton that are related to the measurement of weight. In the context of power, the "ton" refers to the ton of refrigeration. The ton of refrigeration is defined as the rate of heat transfer necessary to melt 2,000 pounds (1 short ton) of pure ice at 0°C in 24 hours. It is used mainly in the United States to describe how well refrigerators and air conditioners extract heat.

1 ton ≈ 3517 watts

1 ton ≈ 12000 BTU/h

Amount of energy used by common appliances:

Below is a table that shows the estimated energy requirements of various appliances (these values can vary significantly depending on the appliance). It is important to note that the requirements listed on the packaging of an appliance generally reflect the maximum energy requirements of an appliance. Typical usage of the appliance likely results in far lower energy use than stated, so it cannot be calculated directly as power requirement × time.

Energy saving tips:

Below are some tips for saving energy and lowering electricity bills. Not all of them are always possible, but implementing even a few of them can lead to savings.

1. Monitor your energy using habits. Many of us may not think much about how we are using energy. Consciously tracking some of your energy habits over a period of time can help to give you an idea of how you are using your electricity. Changes such as turning off lights or appliances that aren't being used, using a standing fan instead of the air conditioning when possible, putting on more clothing and using less heating, hand drying or washing smaller loads of laundry/dishes, and more, can have a significant effect on your savings.
2. Replace older light bulbs, particularly incandescent light bulbs, with more efficient LED light bulbs. A typical incandescent light bulb requires 75 W while an LED only requires 9 W. LEDs cost more in the short term, but if you have the opportunity to replace any incandescent light bulbs you may have, it will lead to significant future savings.
3. If possible, install a programmable thermostat. A large proportion of energy cost is typically due to heating/cooling. Programming a thermostat to adjust the temperature to suit your usage needs can lead to significant savings. It is also not necessary to buy a smart thermostat. If you have access to the thermostat, you can develop a habit of manually adjusting the thermostat to best suit your needs throughout the day.
4. Pay attention to energy efficiency when shopping for appliances. Purchasing appliances with energy efficiency in mind can lead to significant savings. Factor this into the cost of the appliance in the long run, not just the initial cost to purchase the appliance.
5. Check your windows. Heat loss through windows is common, especially in colder regions. If possible, replace your windows with more energy efficient windows that result in less heat loss. Similarly, if you live in hotter climates, look for windows that can reflect more light and reduce the amount of heat that comes in through your windows. Make use of curtains, blinds, or anything that can obstruct the sunlight during the brighter periods of the day to save on cooling costs.
6. Insulate your home as best as possible. Windows, doors, vents, the attic, walls, floors, basement, and crawlspace of your home, if not well-insulated, can lead to higher heating and cooling bills.

Understanding Energy Costs

Energy costs refer to the expenses associated with consuming electricity. This includes costs for powering appliances and devices in your home. Tracking these costs helps identify areas for potential savings and efficiency improvements.

Why Use an Energy Cost Calculator?

This calculator helps estimate costs for implementing renewable energy solutions. By analyzing power requirements and usage, users gain insights into their energy expenses. Understanding costs can encourage the adoption of more sustainable practices.

How the Energy Cost Calculator Works

Users input appliance information, including power usage and operating hours. The calculator then estimates daily and monthly energy costs based on these inputs. This provides a clear picture of how much energy is being consumed and at what cost.

Common Appliances and Their Costs

Different appliances consume varying amounts of energy. Understanding the typical power usage of common household appliances is essential. For instance, heating and cooling appliances often use the most energy.

Strategies for Reducing Energy Costs

Implementing energy-efficient practices can significantly lower electricity bills. Consider switching to energy-efficient appliances, adjusting usage habits, and using programmable thermostats. Simple changes, like using LED bulbs, can also lead to long-term savings.

Benefits of Tracking Energy Costs

Monitoring energy costs helps in budgeting and managing expenses. It raises awareness of energy consumption habits, leading to more sustainable choices. Tracking can also highlight the impact of energy-efficient solutions on overall savings.

Long-term Financial Benefits of Renewable Energy

Investing in renewable energy can lead to substantial savings over time. While initial costs may be higher, the long-term benefits include reduced energy bills. Renewable energy solutions can also increase property value and reduce environmental impact.

Taking Action After Using the Calculator

After calculating energy costs, consider making adjustments to your energy use. Set specific energy-saving goals based on the insights gained. Engaging with local energy programs can also provide support for transitioning to renewable solutions.