The formula to calculate the cost per watt-hour is:
\[ CPWH = \frac{EC}{P} \]
Where:
A cost per watt-hour is a unit of measure used to describe the cost per unit of power times time. Power times time, in this case, is watt-hours. This is used most often when looking at utilities and determining the cost per usage.
Example 1:
Step 1: Calculate the cost per watt-hour:
\[ CPWH = \frac{50}{1000} = 0.05 \text{ $/wh} \]
Example 2:
Step 1: Calculate the cost per watt-hour:
\[ CPWH = \frac{75}{1500} = 0.05 \text{ $/wh} \]