Calculating the cost of electricity

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In summary, the coffee makers use 960 watts for 4 hours if they run at separate times during the day or 1920 watts for 2 hours if they run in parallel.
  • #1
alexandria
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2

Homework Statement


upload_2016-4-12_13-39-38.png


Homework Equations


Cost = rate x energy consumption (kWh)
Energy consumption = power (kW) x total time (hrs)

The Attempt at a Solution


so here are my answers, can someone please verify if these are correct, thanks!

a)

To calculate power:
There are fifteen 100 W lightbulbs, so to calculate the total power, i would do the following:
P = 15 x 100 W = 1500 W = 1.5 kW

To calculate total time:
8 hrs (per day) x 365 days (since the business operates the following for one year) = 2920 hrs

To calculate electrical energy used in kWh:
E = P x t
E = (1.5 kW) x (2920 hrs)
E = 4380 kWh

To calculate total cost:

I already know the rate: 6.4 cents /kWh

cost = rate x total energy consumption (kWh)
cost = (6.4 cents /kWh) x (4380 kWh)
cost = 28032 cents = $280.32b)

To calculate power:
P = V^2 / R
P = (120 V)^2 / 15 ohms
P = 960 Watts (multiply this by 2, since there are 2 coffee makers)
P = 960 watts x 2
P = 1920 Watts = 1.92 kW

To calculate total time:
total time = 4 hrs (since both are used for two hours each) x 365 days (since the business operates for one year)
total time = 1460 hrs

To calculate energy consumption in kWh:
Energy = power (kW) x total time (hrs)
Energy = (1.92 kW) x (1460 hrs)
Energy = 2803.2 kWh

To calculate total cost:
cost = rate x energy consumption
cost = (6.4 cents/kWh) x (2803.2 kWh)
cost = 17940.48 cents = $179.4048
 

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  • #2
For your calculation of the cost of running the coffee makers you have accounted for the them running at the same time twice: once when you found the total power: P = 960 W x 2, and again when you doubled the total time.
 
  • #3
so how would i calcualte the power for part b)
do i still use the same formula P = V^2 / R
instead of doubling 960, do i double 15 Ohms, and then calculate, so like this:
P = (120 V)^2 / 30 Ohms = 480 W = 0.48 kW
in the question, it was mentioned that the two coffee makers are on for two hours a day each, does that mean that the coffee makers are on at the same time, so for 2 hrs a day, or are they in use during separate times of the day, so 2 hrs + 2 hrs = 4 hrs.
so I am assuming that the total time is just 2 hrs x 365 days ( since the business operates for one year) = 730 hrs
im really confused :P
 
  • #4
I think you can assume that they both run for 2 hrs each day. Presuming that they run at the same time is the straightforward way to proceed, but you can break it down further if you want. You might, for example pretend they are separate entities ("Coffee makers A and B") that each run for two hours. But it's simpler to combine them (like the light bulbs) and use the total power that they use.

So, bottom line: They use 960 W for 4 hours if they run at separate times during the day or 1920 W for 2 hours if they run in parallel. Both amount to the same amount of usage.
 
  • #5
ok, so here is my final answer for part b, please confirm is this is correct, thanks.

To calculate power:
P = V^2 / R
P = (120 V)^2 / 15 ohms
P = 960 Watts (multiply this by 2, since there are 2 coffee makers)
P = 960 watts x 2
P = 1920 Watts = 1.92 kW

To calculate total time:
total time = 2 hrs x 365 days (since the business operates for one year)
total time = 730 hrs

To calculate energy consumption in kWh:
Energy = power (kW) x total time (hrs)
Energy = (1.92 kW) x (730 hrs)
Energy = 1401.6 kWh

To calculate total cost:
cost = rate x energy consumption
cost = (6.4 cents/kWh) x 1401.6 kWh
cost = 8970. 24 cents = $89.7024
 
  • #6
Looks good!
 
  • #7
ok thanks for the clarification :)
 

1. How is the cost of electricity calculated?

The cost of electricity is calculated by multiplying the energy consumption (in kilowatt-hours) by the cost per kilowatt-hour. This cost may vary depending on your location, electricity provider, and time of day.

2. What factors affect the cost of electricity?

The cost of electricity can be affected by various factors such as the type of energy source, production and distribution costs, government regulations and taxes, and market demand and supply. Additionally, individual consumption habits and energy efficiency measures can also impact the cost of electricity.

3. How can I estimate my electricity bill?

To estimate your electricity bill, you can calculate your average daily energy consumption and multiply it by the cost per kilowatt-hour. You can also use online calculators provided by your electricity provider to get a more accurate estimate.

4. What is a kilowatt-hour (kWh)?

A kilowatt-hour (kWh) is a unit of measurement used to quantify energy consumption. It is equivalent to the amount of energy used by a 1000-watt appliance running for one hour. Most electricity providers charge for electricity in kilowatt-hours.

5. Are there any ways to reduce the cost of electricity?

Yes, there are several ways to reduce the cost of electricity. These include using energy-efficient appliances, turning off electronics when not in use, adjusting your thermostat, and using alternative energy sources such as solar panels. You can also look for electricity providers that offer lower rates or discounts for certain consumption habits.

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