Enter the heat pump power (W), the electricity cost ($/kWh), and the heat pump run time (hr) into the Heat Pump Operating Cost Calculator. The calculator will evaluate the Heat Pump Operating Cost.

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## Heat Pump Operating Cost Formula

The following formula is used to calculate the Heat Pump Operating Cost.

HPOC = HP / 1000 * EC * T

Variables:

- HPOC is the Heat Pump Operating Cost ($)
- HP is the heat pump power (W)
- EC is the electricity cost ($/kWh)
- T is the heat pump run time (hr)

To calculate the heat pump operating cost, multiply the power consumption by the electricity cost and time.

## How to Calculate Heat Pump Operating Cost?

The following steps outline how to calculate the Heat Pump Operating Cost.

- First, determine the heat pump power (W).
- Next, determine the electricity cost ($/kWh).
- Next, determine the heat pump run time (hr).
- Next, gather the formula from above = HPOC = HP / 1000 * EC * T.
- Finally, calculate the Heat Pump Operating Cost.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem:**

Use the following variables as an example problem to test your knowledge.

heat pump power (W) = 5

electricity cost ($/kWh) = 6

heat pump run time (hr) = 6HPOC = HP / 1000 * EC * T =** ** ?