How to Calculate Appliance Electricity Cost
The formula for calculating appliance electricity cost is simple: cost = (wattage × hours used per day) ÷ 1,000 × electricity rate per kWh. This gives you the daily operating cost. Multiply by 30 for monthly and 365 for yearly estimates. For example, a 1,500-watt space heater running 6 hours per day at $0.14/kWh costs (1,500 × 6) ÷ 1,000 × $0.14 = $1.26 per day, or $37.80 per month.
Average Electricity Rates by State (2025)
| State | Rate (¢/kWh) | Monthly Average |
|---|---|---|
| Hawaii | 42.0¢ | $210 |
| California | 28.5¢ | $160 |
| New York | 22.5¢ | $130 |
| Massachusetts | 28.0¢ | $155 |
| Texas | 12.5¢ | $140 |
| Florida | 13.5¢ | $145 |
| Washington | 10.0¢ | $95 |
| Louisiana | 9.0¢ | $125 |
| US Average | 14.5¢ | $135 |
Tips to Reduce Appliance Energy Costs
- Unplug idle electronics — devices in standby still draw power (5-10% of your bill)
- Use cold water for laundry — 90% of washer energy goes to heating water
- Air dry dishes — skip the heated dry cycle on your dishwasher
- Clean refrigerator coils — dirty coils make your fridge work 25% harder
- Use microwave or toaster oven instead of full oven for small meals — uses 75% less energy