From watts to annual cost

Electricity Cost Calculator

Calculate the daily and annual electricity use and running cost of an appliance, machine or group of devices.

Method

How this tool works

Daily energy = watts ÷ 1,000 × hours per day × quantity. Annual cost = daily energy × days used × electricity tariff.

Worked example

A 1,000 W heater used for 2 hours on 365 days consumes 730 kWh. At €0.30/kWh, that costs €219 per year.

Use responsibly

Assumptions & limitations

Nameplate power is often a maximum. Thermostats, standby modes and variable loads mean measured consumption can differ.

Last reviewed: 28 July 2026
Calculation and copy checked for this release.

Practical guide

Home battery payback: the assumptions that change the answer

Learn which capacity, cycling, efficiency, tariff and degradation assumptions drive a home-battery payback estimate and how to test them.

Read the 7-minute guide