Calculate the estimated daily cost of household items using our Appliance Cost Calculator.
With our new Time-of-Use (4-9 p.m.) Rate, choosing when to run your appliances is now more important than ever.
1. Input the wattage of the appliance or equipment (you can change this by selecting the arrow).
- Unsure of where to find wattage? You can usually find the wattage of most equipment stamped on the bottom or the back of the appliance, the EnergyGuide label or on its nameplate. You can also Google the make/model of your equipment to get an estimate.
2. Input the usage time in hours and/or minutes you typically use.
3. Now, adjust the energy price to view what the estimated cost is to use your appliance using GVP's Time-of-Use rate.
- On-Peak Period (4-9 p.m. daily): $0.19697/kilowatt-hour
- Off-Peak Period (9 p.m. - 4 p.m. daily): $0.09546/kWh
Look for opportunities to save money by shifting use to less expensive time periods.
Use this simple formula to calculate your appliance consumption.
Wattage X hours used per day X number of days used ÷ 1000
Example: 1500 watt space heater used 10 hours a day for a 30 day billing period.
- 1500 (watts) X 5 (hours) = 7,500 X 30 days = 225,000 ÷ 1000 = 225 kWh used
- 225 kWh X $0.19697 (on-peak rate) = $44.31 per month
- The scenario assumes that the space heater was used for 5 hours a day during the on-peak period.
Don’t know the watts? Volts X Amps = Watts Ex. (120 V X 10 A = 1200 W) You can usually find the wattage of most appliances stamped on the bottom or the back of the appliance or on its nameplate.