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Power is the rate at which energy is generated or consumed and hence is measured in units (e.g. watts) that represent energy per unit time. For example, when a light bulb with a power rating of 100 W is turned on for one hour, the energy used is 100 watt hours (W·h), 0.1 kilowatt hour, or 360 kJ. This same amount of energy would light a 40 ...
A unit of electrical energy, particularly for utility bills, is the kilowatt-hour (kWh); [3] one kilowatt-hour is equivalent to 3.6 megajoules. Electricity usage is often given in units of kilowatt-hours per year or other periods. [4] This is a measurement of average power consumption, meaning the average rate at which energy is transferred ...
All the SI prefixes are commonly applied to the watt-hour: a kilowatt-hour (kWh) is 1,000 Wh; a megawatt-hour (MWh) is 1 million Wh; a milliwatt-hour (mWh) is 1/1,000 Wh and so on. The kilowatt-hour is commonly used by electrical energy providers for purposes of billing, since the monthly energy consumption of a typical residential customer ...
Electricity is usually sold by the kilowatt hour (3.6 MJ) which is the product of power in kilowatts multiplied by running time in hours. Electric utilities measure power using electricity meters , which keep a running total of the electric energy delivered to a customer.
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The dimension of power is energy divided by time. In the International System of Units (SI), the unit of power is the watt (W), which is equal to one joule per second. Other common and traditional measures are horsepower (hp), comparing to the power of a horse; one mechanical horsepower equals about 745.7 watts.
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
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