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Calculating the Cost of a Running Pump
Show Me the Money!
So how much money will you save over time by replacing your current pond pump with a brand new ENERGY-EFFICIENT MODEL? Well, that's going to vary depending on the cost of electricity where you live. All you need to do in order to determine your savings – and how long it will take for the new pump to pay for itself - garter up the performance statistics for both the old and proposed new pumps and your cost for the electricity per kilowatt-hour taken from your electric bill. Just plug the numbers into this handy-dandy formula prepare yourself to stare at your calculator in thunderstruck amazement at all the money you stand to save!
- Amps x Volts (115 or 230 Volts) = Watts x 24 Hours per day / 1,000 x Cost per Kilowatt-hour
For Example, say your energy rate is 30 cents per kilowatt-hour and you're interested in a pump that runs 2 amps at 115 volts. You need to plug this information into the equation to calculate how much money it will cost to run the pump each month:
- 2 Amps x 115 Volts = Watts x 24 Hours per day / 1,000 x .30
- This calculates to 2 x 115 = 230 Watts x 24 Hours = 5,520
- 5,520 / 1,000 = 5.52
- 5.52 x .30 = $1.66 per day to operate this pump