Enter the gas usage rate and the cost of gas into the calculator to determine the gas lantern cost per hour.

Gas Lantern Cost Formula

The following equation is used to calculate the Gas Lantern Cost.

GLC = GU * GC

  • Where Where GLC is the cost to run the lantern per hour ($/hour)
  • GU is the gas usage rate (gallons or propane/hour)
  • GC is the cost of the propane ($/gallon)

To calculate the gas lantern cost, multiply the gas usage rate by the cost of the gas.

What is a Gas Lantern Cost?

Definition:

A gas lantern cost is a measure of the total cost of the propane a gas lantern uses per unit of time.

How to Calculate Gas Lantern Cost?

Example Problem:

The following example outlines the steps and information needed to calculate Gas Lantern Cost.

First, determine the usage rate. For this example, the gas lantern usage rate is 2 gallons per hour.

Next, determine the cost of propane. In this case, the propane costs $4.00 / gallon.

Finally, calculate the lantern run cost using the formula above:

GLC = GU * GC

GLC = 4*2

GLC = $8/hour