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Running Cost Calculator

PLEASE NOTE. This is intended as a guide only and is dependent on Ausgrid Energy prices. The above calculation is based @ 26¢/kwatt/hr. We have assumed that the heating is ‘ON’ for 6 hours a day (3 hours in the morning and 3 hours at night). Cost per month has been calculated @ 31 days per month. Every 1°C reduction in the temperature setting of your thermostat will result in a 5%-8% reduction in power usage and cost over 24 hours. The calculation of running costs can only be approximate. The actual cost will depend on a number of considerations – user preferences, temperature and switch-on time setpoints, cost of energy etc.

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