How much does power cost?

Answer 1

Hi,

Power cost is calculated in this manner.

Net Power Generated divided by the quantity of input of [raw materials+men+energy losses]

i.e in other words specific consumption of rawmaterials, specific consumption of man power resources, + energy losses per unit of power generated.

All these when converted into cost will give raise to cost of power generated.

Then, losses in the transmission is also taken into consideration.

Thus Cost of power distributed is calculated.

Answer 2

The cost of power can vary widely depending on factors such as location, energy source, and consumption rates. In the United States, the average cost of residential electricity is around 13 cents per kilowatt-hour. Commercial and industrial rates can differ significantly.