Cost per Hour Formula:
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Definition: This calculator estimates the operating cost per hour based on BTU (British Thermal Unit) consumption rate and cost per BTU.
Purpose: It helps homeowners and businesses estimate energy costs for heating or cooling systems.
The calculator uses the formula:
Where:
Explanation: The BTU consumption rate is multiplied by the cost per BTU to determine hourly operating costs.
Details: Understanding hourly operating costs helps with budgeting, comparing systems, and identifying energy-saving opportunities.
Tips: Enter the BTU per hour rating (found on equipment nameplate) and cost per BTU (typically $0.0001 or less). All values must be > 0.
Q1: Where do I find my system's BTU/h rating?
A: Check the equipment nameplate, manual, or manufacturer specifications.
Q2: How do I determine cost per BTU?
A: Divide your energy cost per unit (therm, kWh, etc.) by the BTU content of that unit.
Q3: What's a typical cost per BTU?
A: For natural gas, about $0.00001 to $0.00003 per BTU; for electricity, about $0.0001 per BTU.
Q4: Does this include all operating costs?
A: No, this only calculates energy costs. Maintenance and other expenses are not included.
Q5: Can I use this for multiple systems?
A: Yes, calculate each system separately and sum the results for total hourly cost.