The more kilowatt-hours (or units) used, the greater the cost. The cost of the electricity used is calculated using this equation: Total cost = energy in kWh × cost per unit The cost per unit is ...
Calculating your potential payback period will depend on a lot of variables.
Utility costs are always variable. You will want to plan for that in your monthly budget. Electricity tends to be the most expensive utility. There are a lot of factors that can drive up the price ...
There is an average rate of 13.5% for commercial electricity in New York. I think 33 */kWh is reasonable. In 2020, EIA data showed an increase of 30% above the national average. By shopping instead of ...