Enter the power and daily use for both options. Keep the useful service comparable: two heaters should provide similar warmth, and two lighting options should provide similar light. Lower wattage is only a saving if the alternative still meets your needs.
Formula
Each option uses power in kW × operating hours × operating days. Annual saving = option A’s annual cost − option B’s annual cost. Percentage saving = annual saving ÷ option A’s cost × 100.
Worked example
Using an 800 W device for four hours daily consumes 1,168 kWh annually. A 500 W alternative on the same schedule consumes 730 kWh. The difference is 438 kWh, or 37.5% of option A’s consumption.
What the result means
A positive saving means B costs less to operate than A. A negative value means B costs more. Monthly totals average the annual schedule over 12 months.
Electricity price · United Kingdom
£0.2611/kWh is Ofgem’s average capped electricity unit rate for standard variable tariffs paid by Direct Debit in England, Scotland and Wales, valid from 1 July to 30 September 2026. It includes 5% VAT and excludes the separate standing charge. It is not an average across all contracts and does not apply to Northern Ireland. Use your own tariff where available.
Last reviewed: · Ofgem · July–September 2026
Enter the unit rate including any applicable tax. Check your bill rather than adding a tax percentage automatically. Standing charges, export payments and subscription fees are separate. Ofgem information applies to Great Britain; Northern Ireland has its own regulator and market arrangements.
Assumptions and limits
The comparison covers electricity, not purchase price, repairs, service life or differences in performance. A smaller device that needs longer to finish may not save the amount suggested by wattage alone.
Questions answered
Can I compare different usage times?
Yes. Give each option the hours it actually needs to deliver the intended service.
Why might the percentage be unavailable?
A percentage saving has no meaningful baseline when option A’s cost is zero.
Data sources
- Ofgem · July–September 2026
- Ofgem: Understanding electricity and gas bills
- Ofgem: Price cap and standing charges explained
- Utility Regulator: Consumer information for Northern Ireland
Last reviewed: 2026-09-08