The formula to calculate wattage price is:
\[ \text{WP} = \frac{\text{CP}}{\text{W} \times \text{T}} \]
Where:
Wattage Price refers to the cost per watt-hour of electricity usage. This metric helps in understanding and comparing the cost efficiency of different electrical appliances and systems. It takes into account the total cost of power, the wattage usage, and the duration of usage.
Let's assume the following values:
Using the formula:
\[ \text{WP} = \frac{10}{100 \times 50} = 0.002 \text{ \$/Whr} \]
The Wattage Price is $0.002 per Whr.
Let's assume the following values:
Using the formula:
\[ \text{WP} = \frac{15}{150 \times 30} = 0.0033 \text{ \$/Whr} \]
The Wattage Price is $0.0033 per Whr.