smart outlet savings calculation
How your savings are calculated
Step 1 determine the total power saved on hours used5 watts * 8 hours = 40 Wh daily savings 40 Wh / 1000 watts per kW = 0.04 kWh daily savings |
Step 2 determine energy savings0.04 kWh daily savings x 365 days per year = 14.6 kWh yearly savings 14.6 kWh yearly savings x 10 year life span = 146 kWh lifetime savings |
Step 3 determine money savings0.04 kWh x $0.118 per kWh = $0.00 daily savings 14.6 kWh x $0.118 per kWh = $1.72 yearly savings 146 kWh x $0.118 per kWh = $17.23 lifetime savings |
Savings calculations are presented as an example of potential savings; actual savings may vary based on use, utility rates and other factors.
Calculations are based on national averages and assumptions and may be adjusted for a more accurate estimate of individual savings.
While EnergyEarth strives to provide the most accurate information, we cannot guarantee the savings displayed.