What formula calculates daily Kilowatt-hour (kWh) consumption?

The formula for calculating daily kilowatt-hour (kWh) consumption is effectively defined by the product of the wattage of the equipment and the hours used per day, divided by 1000. This is because kilowatt-hours are a measure of energy usage that takes into account both the power consumed (in watts) and the duration of use (in hours).

When you multiply the wattage of the equipment by the hours it is operated, you get the total energy usage in watt-hours. However, since there are 1000 watts in a kilowatt, dividing by 1000 converts the measurement to kilowatt-hours, which is the unit commonly used for electrical energy billing. This conversion is essential for accurately expressing energy consumption in the appropriate unit.

By applying this formula, you can determine how much energy a specific piece of equipment uses over a certain period, which is crucial for energy management and cost calculations in both residential and industrial settings.