How do you calculate cost of electricity per square foot?
How do you calculate cost of electricity per square foot?
Often for commercial jobs its necessary to hire specialists to do certain work. Add together the total cost of supplies, labor, permits, overhead costs and profit margin. Divide the total by the number of square feet. The result is the price per square foot.
How much electricity does a house use per square foot?
The average kWh per month per square foot is . 5 kWh per square foot. So if you have a 2000 square foot house, your average kWh per month is 1,000 kWh.
How is electricity cost calculated?
Calculating Energy Costs The unit of electrical energy is the kilowatt-hour (kWh), found by multiplying the power use (in kilowatts, kW) by the number of hours during which the power is consumed. Multiply that value by the cost per kWh, and you have the total energy cost.
How much energy does a 1500 square foot house use?
According to the Energy Information Administration (EIA), the average house in the United States between 1,500 and 1,999 sqft in size uses 11,723 kWh annually, or 977 kWh per month.
What is the average electricity consumption for a 3 bedroom house?
A 3 bedroomed house uses 12,000 kWh of Gas and 3,100 kWh of electricity on average.
How do you calculate electric bill in Excel?
Enter formula for Electricity Charges =IF(E5>200, E5*15,IF(E5>100, 1000+(E5-100)*12, E5*10)) in cell with cell reference F5. Enter formula for Surcharge = IF(F5>5000, F5*5%,IF(F5>1000, F5*3%, 0)) in cell with cell reference G5. Enter formula for Bill Payable =SUM(F5:G5) in cell with cell reference H5.
Does TV use a lot of electricity?
The standby mode electricity estimates range from about 2.25% to 5% of the power consumed while the TV is on. Most TVs today consume less than 5 watts a year in standby, which is a very small amount equal to a few dollars. But that wasted electricity adds up over time.
How much does electricity cost per square foot?
The answer: The average cost of utilities for commercial buildings is $2.10 per square foot. Other interesting facts: The total electricity expense for private-sector office buildings in 2016 was $1.69per square foot.
How do you calculate the cost per square foot?
Building contractors need to know the cost per square foot to estimate total material costs and labor costs. When renting an apartment, the ability to calculate the amount per square foot allows you to determine if you’re paying too much. Formula to calculate price per square foot. To calculate this, we divide the total cost by the total area.
How can I find out my electric bill per square foot?
To estimate your own expenses per square foot, take your last monthly electric bill, and divide it by the square-footage area of your home. If you are paying more than what is shown in this chart, you should consider switching suppliers to save on your energy bill.
What is the average utility cost per square foot for commercial property?
What is the average utility cost per square foot for commercial property? The answer: The average cost of utilities for commercial buildings is $2.10 per square foot. Other interesting facts: The total electricity expense for private-sector office buildings in 2016 was $1.69per square foot.
How to calculate the cost of electricity per square foot?
Add up the costs of your monthly power bills over the course of one year Divide the total by the square footage of your home (not including unheated/unlit areas) As electricity prices tend to change over time, we also recommend that you calculate the average kWh consumption per square foot as well.
How can I find out how much electricity my building is using?
This option provides a building-type specific estimation of your electricity use (and associated emissions). It is based on the national average electricity use per square foot for each building type listed.
How to estimate your own expenses per square foot?
To estimate your own expenses per square foot, take your last monthly electric bill, and divide it by the surface of your home . If you are paying more than what is shown in this graph, you should consider switching suppliers to save on your energy bill. First of all, the total amount of your monthly electricity bill is defined by:
How to calculate the value of a house per square foot?
In the real estate industry, a common way to measure a property’s value for money is the price per square foot of livable floor space (we generally don’t include lofts, cupboards, etc.). The equation to calculate this metric is: price per square foot = price / floor space (ft²).