load cost calculation

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jcapp

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What does is cost to burn 1000w per day?
If the kwh rate is $.08 could the cost be only $1.92 a day?
Is my rate way off?
 
Re: load cost calculation

Simply, yes. The full answer requires the Rate Schedule from the power company that is supplying the energy to the 1000 Watt load.
 
Re: load cost calculation

The general formula you used is accurate enough for estimating purposes. ($ = Watts x Hours Used x kW Rate Per Hour / 1000)
 
Re: load cost calculation

jcapp
Check to see if there is a demand charge the utility is billing the customer. If so, you could be looking an an additional charge of about $5.00
per kw per month.
 
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