I did a little research, to find out how much running various types of equipment for my reef costs. This formula is used to calculate usage per month:
Watts divided by 1000 (1 KW)= Kilowatts
Kilowatts x Hours Per Day x Days in Month x Utah Power Rate (.0630290)=
$ Usage Amount
Here is an example of this with various types of lighting for instance:
250 Watt Metal Halide Bulb:
250 Divided by 1000 (Kilowatt)= 0.25 Kilowatts
0.25 (KW) x 8 (Hours) x 31 (Days) x .0630290 (Rate)= $3.90 per month
175 Watt Metal Halide Bulb:
175 Divided by 1000 (Kilowatt)= 0.175 Kilowatts
0. (KW) x 8 (Hours) x 31 (Days) x .0630290 (Rate)= $2.73 per month
55 Watt Power Compact:
55 Divided by 1000 (Kilowatt)= 0.055 Kilowatts
0.055 (KW) x 8 (Hours) x 31 (Days) x .0630290 (Rate)= $0.85 per month
The thing to remember is that $0.85 may seem cheap to run a power compact per month, but you should have at least 6 (or more) to light a 55 Gallon Tank, so that would make your bill $5.15 a month for these bulbs. In comparison, two 250 watt metal halides only cost $7.81 per month to run. A difference of only $2.66 a month.
Hopefully some of you will find this useful, if not fun to do.
To calculate usage of Pumps, etc, you need to find the watt usage the equipment using the following formula:
Watts = volts x amps
So: 120 Volts x 0.5 Amps would equal 60 Watts
Now use the formula at the top of the post to figure out how much it costs to run per month.