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Calculating energy costs

What is the cost of running a 0.200-kW computer 6.00 h per day for 30.0 d if the cost of electricity is $0.120 per kW h size 12{"kW" cdot h} {} ?

Strategy

Cost is based on energy consumed; thus, we must find E size 12{E} {} from E = Pt size 12{E= ital "Pt"} {} and then calculate the cost. Because electrical energy is expressed in kW h size 12{"kW" cdot h} {} , at the start of a problem such as this it is convenient to convert the units into kW size 12{"kW"} {} and hours.

Solution

The energy consumed in kW h size 12{"kW" cdot h} {} is

E = Pt = ( 0 . 200 kW ) ( 6 . 00 h/d ) ( 30 . 0 d ) = 36 . 0 kW h, alignl { stack { size 12{E= ital "Pt"= \( 0 "." "200"" kW" \) \( 6 "." "00"" h/d" \) \( "30" "." 0" d" \) } {} #size 12{" "="36" "." "0 kW" cdot "h,"} {} } } {}

and the cost is simply given by

cost = ( 36.0 kW h ) ( $0.120 per kW h ) = $4.32 per month. size 12{"cost"= \( "36" "." 0" kW" cdot h \) \( $0 "." "120"" per kW" cdot h \) =$4 "." "32"" per month"} {}

Discussion

The cost of using the computer in this example is neither exorbitant nor negligible. It is clear that the cost is a combination of power and time. When both are high, such as for an air conditioner in the summer, the cost is high.

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The motivation to save energy has become more compelling with its ever-increasing price. Armed with the knowledge that energy consumed is the product of power and time, you can estimate costs for yourself and make the necessary value judgments about where to save energy. Either power or time must be reduced. It is most cost-effective to limit the use of high-power devices that normally operate for long periods of time, such as water heaters and air conditioners. This would not include relatively high power devices like toasters, because they are on only a few minutes per day. It would also not include electric clocks, in spite of their 24-hour-per-day usage, because they are very low power devices. It is sometimes possible to use devices that have greater efficiencies—that is, devices that consume less power to accomplish the same task. One example is the compact fluorescent light bulb, which produces over four times more light per watt of power consumed than its incandescent cousin.

Modern civilization depends on energy, but current levels of energy consumption and production are not sustainable. The likelihood of a link between global warming and fossil fuel use (with its concomitant production of carbon dioxide), has made reduction in energy use as well as a shift to non-fossil fuels of the utmost importance. Even though energy in an isolated system is a conserved quantity, the final result of most energy transformations is waste heat transfer to the environment, which is no longer useful for doing work. As we will discuss in more detail in Thermodynamics , the potential for energy to produce useful work has been “degraded” in the energy transformation.

Section summary

  • Power is the rate at which work is done, or in equation form, for the average power P size 12{P} {} for work W size 12{W} {} done over a time t size 12{t} {} , P = W / t size 12{P= {W} slash {t} } {} .
  • The SI unit for power is the watt (W), where 1 W = 1 J/s size 12{1" W "=" 1 J/s"} {} .
  • The power of many devices such as electric motors is also often expressed in horsepower (hp), where 1 hp = 746 W size 12{1" hp "=" 746 W"} {} .

Conceptual questions

Most electrical appliances are rated in watts. Does this rating depend on how long the appliance is on? (When off, it is a zero-watt device.) Explain in terms of the definition of power.

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Explain, in terms of the definition of power, why energy consumption is sometimes listed in kilowatt-hours rather than joules. What is the relationship between these two energy units?

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Questions & Answers

Ayele, K., 2003. Introductory Economics, 3rd ed., Addis Ababa.
Widad Reply
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Ariel
?
Ariel
What is economics
Widad Reply
the study of how humans make choices under conditions of scarcity
AI-Robot
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn Reply
U(x,y) = (x×y)1/2 find mu of x for y
Desalegn
what is ecnomics
Jan Reply
this is the study of how the society manages it's scarce resources
Belonwu
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John Reply
macroeconomic is the branch of economics which studies actions, scale, activities and behaviour of the aggregate economy as a whole.
husaini
etc
husaini
difference between firm and industry
husaini Reply
what's the difference between a firm and an industry
Abdul
firm is the unit which transform inputs to output where as industry contain combination of firms with similar production 😅😅
Abdulraufu
Suppose the demand function that a firm faces shifted from Qd  120 3P to Qd  90  3P and the supply function has shifted from QS  20  2P to QS 10  2P . a) Find the effect of this change on price and quantity. b) Which of the changes in demand and supply is higher?
Toofiq Reply
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innocent Reply
factors influencing supply
Petrus Reply
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scares means__________________ends resources. unlimited
Jan
economics is a science that studies human behaviour as a relationship b/w ends and scares means which have alternative uses
Jan
calculate the profit maximizing for demand and supply
Zarshad Reply
Why qualify 28 supplies
Milan
what are explicit costs
Nomsa Reply
out-of-pocket costs for a firm, for example, payments for wages and salaries, rent, or materials
AI-Robot
concepts of supply in microeconomics
David Reply
economic overview notes
Amahle Reply
identify a demand and a supply curve
Salome Reply
i don't know
Parul
there's a difference
Aryan
Demand curve shows that how supply and others conditions affect on demand of a particular thing and what percent demand increase whith increase of supply of goods
Israr
Hi Sir please how do u calculate Cross elastic demand and income elastic demand?
Abari
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Source:  OpenStax, College physics. OpenStax CNX. Jul 27, 2015 Download for free at http://legacy.cnx.org/content/col11406/1.9
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