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Frequently Asked Questions

How is electricity cost calculated?

Electricity cost = (Watts ÷ 1000) × Hours per day × Rate per kWh. This gives you the daily cost in kilowatt-hours (kWh). For example, a 100W device running 8 hours at $0.13/kWh costs $0.10 per day.

What is the average electricity rate?

The average US electricity rate is around $0.13 per kWh, though it varies widely by state from about $0.10 (Louisiana) to over $0.30 (Hawaii). In the UK it is approximately £0.24/kWh. Check your utility bill for your exact rate.

How can I reduce my electric bill?

Switch to LED bulbs (use 75% less energy than incandescent), unplug devices on standby, use a smart power strip, run appliances during off-peak hours if your utility offers time-of-use rates, and consider a smart thermostat for heating and cooling.