air conditioning electricity cost
Multiply the kilowatt-hours used per day times the electricity rate charged by the power company. If you use 10 kilowatt-hours daily and the highest-tier rate you pay is 20 cents, the air conditioner costs $2.00 per day, or about $60 per month. Angie’s List members in 2014 reported paying an average cost of $5,230 to install a new central air conditioners, with a general price range of $4,425 to $6,025, not counting discounts many service providers offer to Angie’s List members. The cost is described in cents per kilowatt-hour. Most power companies charge for electricity in tiers. The more electricity you use, the more it costs. Running the air conditioner will add to your power usage and the additional use will be charged at your highest tier rate. Review your bill for the most expensive per hour rate you were charged. 3: Earn tax credits and R-22 for new A/C units. To offset the cost of air conditioning, it's possible to find rebates or tax breaks from federal or state agencies. Unfortunately, federal tax credits expired at the end of 2013 for residential systems that are Energy Star-rated and aren't part of a new home build. • Texas households consume an average of 77 million Btu per year, about 14% less. than the U.S. average. • Average electricity consumption per Texas home is 26% higher than the national. average, but similar to the amount used in neighboring states. • The average annual electricity cost per Texas household is $1,801, among the. highest in the nation, although similar to other warm weather states like Florida. The Association of Home Appliance Manufacturers reports that the average EER of room air conditioners rose 47 percent from 1972 to 1991. If a 1970s-vintage room air conditioner with an EER of 5 is replaced with a new one with an EER of 10, air conditioning energy costs will be cut by 50 percent. Replacing a 1970s-era central air conditioner with a SEER of 6 with a new unit having a SEER of 12 will cut your air conditioning costs in half. Today's best air conditioners use 30% to 50% less energy to produce the same amount of cooling as air conditioners made in the mid 1970s. Even if your air conditioner is only 10 years old, you may save 20 to 40 percent of your cooling energy costs by replacing it with a newer, more efficient model. Heating and cooling costs the average homeowner about $875 a year – nearly half the home’s total energy bill. If your central air conditioning unit is more than 12 years old, replacing it with an ENERGY STAR certified model could cut your cooling costs by 30%. ENERGY STAR certified central air conditioners have higher seasonal energy efficiency ratio (SEER) and energy efficiency ratio (EER) ratings and use 8 percent less energy than conventional new models. Central Air Conditioner. Earning the ENERGY STAR means products meet strict energy efficiency guidelines set by the US Environmental Protection Agency. By choosing ENERGY STAR certified heating and cooling equipment and taking steps to optimize its performance, you can enhance the comfort of your home while saving energy.
For 10 kilowatt-hours: $2.00 per day, or about $60 per month.