Use this HVAC Operating Cost Calculator to solve electricity cost, run time, rate, or input power, or compare HVAC efficiencies across a day, month, or season.
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HVAC Operating Cost Formula
The following formula estimates electricity cost for a chosen period. Rated-input estimates may use an energy fraction; leave that fraction at 1 if power or hours already reflect average use:
Variables:
- C is the HVAC electricity cost for the selected period, in US dollars
- P is electrical input power in kilowatts (kW); use f = 1 when P already represents average input over the entered hours
- H is the number of hours the HVAC system operates per day
- Crate is the cost per kilowatt-hour (kWh) of electricity
- D is the number of days in the selected cost period
- f is the energy fraction (entered percentage divided by 100); do not count a duty-cycle or load adjustment twice
Multiply input power (kW) by hours/day, days in the period and the energy fraction to estimate kWh, then multiply by $/kWh. Divide watts by 1000 for kW. For EER or COP, estimated input applies at the rating conditions. SEER and SEER2 describe seasonal energy performance; capacity divided by a seasonal rating is a planning proxy, not running or peak power. For seasonal estimates, hours × days × energy fraction must represent equivalent full-load cooling hours once. Use matching rating types and test conditions for comparisons.
What is an HVAC Operating Cost?
HVAC operating cost can refer to the total amount of money spent to run and maintain a Heating, Ventilation, and Air Conditioning (HVAC) system. This can include energy costs (electricity or fuel) and may also include routine maintenance and repairs. This calculator and formula estimate only the electricity cost to operate the system based on power draw, run time, and electricity price; maintenance and repair costs are separate and can be added if you want a broader “total operating cost.”
How to Calculate HVAC Operating Cost?
The following steps outline how to calculate the HVAC Operating Cost.
- First, determine the average electrical power consumption (kW) of the HVAC system while operating.
- Next, determine hours per day and the number of days in the cost period; choose an energy fraction only if not already included in the power or hours.
- Next, determine the electricity price ($/kWh).
- Next, calculate electricity cost = input kW × hours/day × days × energy fraction × $/kWh.
- If desired, add separate maintenance/repair estimates to get a broader total cost; then check the electricity-cost portion with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
Total energy consumption (kWh) = 500
Cost per unit of energy ($/kWh) = 0.12
Additional maintenance or repair costs ($) = 50. Electricity cost = 500 × $0.12 = $60; adding $50 separately gives a broader total of $110. The calculator estimates the electricity portion only.
