Estimating power costs for always-on electronics: The 11.4 Cent Rule
I like to collect “thumb figures.” I worked with a very fine engineer in my first job straight out of college who used the phrase to encompass all those numbers that come in handy when making estimates or SWAGs. His native language was not English, and I think he meant to say “rules of thumb” but it’s a good name for guesstimate numbers, such as using about 8lbs/gallon as the weight for liquids – pretty close to the weight of water. Add a generous fudge-factor for gasoline, which is closer to 6lbs/gal. And then there’s the cook’s thumb figure, “A pint’s a pound the whole world ’round.”
Here’s a thumb figure via Intel: “While electricity prices vary considerably by location, we find it useful to consider an electric power cost of 11.4 cents per kilowatt hour (pdf). [Sorry, the link’s dead now.] At this price point, one watt of power consumed throughout the year has a cost of one dollar. A 500 W device running for a year would cost $500. This analysis does not include the cost of Heating, Ventilation and Air Conditioning (HVAC). Nor does it include the cost of power losses in the power conversion chain and Uninterruptible Power Supply (UPS) units.”
I checked my electricity bill for last month: The baseline (retail) rate was $0.115/kWh.
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