How Much Do Utilities Cost Per Square Foot?

  • In 2016, the average cost of electricity for private-sector office buildings was $1.69 per square foot.
  • Commercial buildings spend $1.44 per square foot per year on electricity and $0.30 per square foot per year on natural gas, according to the 2012 Commercial Building Energy Consumption Survey (which was updated as of 2018).
  • Refrigeration was the most common commercial use of power in 2018, accounting for 13.9 percent of total spending. Machine drives (motors) were the most common source of electricity for American manufacturers.
  • The average amount of kilowatt hours per square foot for a commercial building is roughly 22.5, according to the US Department of Energy. (A breakdown of how energy is used can be seen here.) A restaurant service facility uses 56 kWh per square foot, a shopping mall consumes 23, a public assembly venue consumes 15, and a warehouse consumes 9.
  • With more commercial buildings replacing incandescent lights with LED bulbs and compact fluorescent lamps, lighting is predicted to have the highest reduction in electricity intensity (54 percent) by 2050.
  • For commercial buildings, on-site solar electricity output is predicted to increase by 5% every year on average.
  • Hawaii, California, and Alaska are the three states with the highest commercial utility rates. (For further information, see the table below.)

How do you figure out the cost of utilities per square foot?

The size of your home can have a significant impact on your electricity bills. As a result, it’s a good idea to calculate how much electricity each square foot costs.

Take your most recent monthly electric bill and divide it by the square footage of your home to get an approximation of your own expenses per square foot. If your energy cost is higher than what is displayed in this graph, you might think about switching suppliers to save money.

What is the average amount of electricity used in a 4000 square foot home?

The average size for a larger residence is roughly 4,000 square feet. According to official data, the typical amount of energy consumed in a residence of this size is roughly 2200 kWh per month (mathematically $.

What are the typical utility costs?

Utilities are a necessary part of everyday living. They make sure that your home runs well and that it is comfortable and livable. However, homeowners, landlords, and even tenants may face high utility costs.

According to EnergyStar.gov, the average American household spends $2,060 a year on home utility expenses. The amount you pay is determined by a number of criteria, including the size and quality of your living space, the temperature in your area, and your usage habits. Areas prone to temperature extremes, for example, may need more air conditioning and heating equipment. Utility prices may rise in areas where transportation and infrastructure expenses are higher.

Calculate your company’s overall spending throughout the same time period. You may get a wide picture of your expenses, including labor, rent, equipment, supplies, insurance, and everything else. Alternatively, depending on the categories you wish to compare to utility prices, you can sum a specific category of expenses, such as all non-labor costs.

To calculate the decimal part of utility expenses, divide total utility costs by total business costs. If your annual utility costs are $25,000 and your overall business expenses are $400,000, the percentage of your total costs that your utility charges represent is $25,000 divided by $400,000, or 0.0625.

To calculate the percentage, multiply the decimal value by 100, which you can easily do by moving the decimal point two places to the right. A decimal value of 0.0625 multiplied by 100 is 6.25 percent, for example. This is the amount of money spent on utilities as a percentage of total business costs.

Collect utility bills for a specific time period. If your utility expenses fluctuate seasonally, you should investigate them for at least a year. Include costs for expenses such as electricity, gas, water, heating oil, phone, and Internet access, which are all considered utilities. Other services, such as trash removal, may be offered by some firms.

What is the average amount of electricity used in a 2500 square foot home?

In 2015, a 2,500-square-foot home used 12,271 kWh, while homes with 3,000 square feet or more used 14,210 kWh on average.

What is the average amount of electricity used in a 2000 square foot home?

“The average 2,000 sq. ft. U.S. home uses roughly 1,000 kWh of energy each month, or about 32 kWh per day,” according to Home Professionals. But, once again, the picture isn’t so clear. According to the US Energy Information Administration, the average household used 914 kWh of energy per month.

What in a house consumes the most electricity?

The breakdown of energy use in a typical home is depicted in today’s infographic from Connect4Climate.

It displays the average annual cost of various appliances as well as the appliances that consume the most energy over the course of the year.

Modern convenience comes at a cost, and keeping all those air conditioners, freezers, chargers, and water heaters running is the third-largest energy demand in the US.

One of the simplest ways to save energy and money is to eliminate waste. Turn off “vampire electronics,” or devices that continue to draw power even when switched off. DVRs, laptop computers, printers, DVD players, central heating furnaces, routers and modems, phones, gaming consoles, televisions, and microwaves are all examples.

A penny saved is a cent earned, and being more energy efficient is excellent for both your wallet and the environment, as Warren Buffett would undoubtedly agree.

How can I figure out how much electricity my home consumes?

How can you figure out how much electricity you use in kWh?

  • Power Consumption on a Daily Basis. Wattage rating x time in hours = daily power consumption. 6000 Watts-Hour = 2000 Watts x 3 Hours.
  • Monthly Electricity Consumption Wattage rating x time in hours Equals Monthly Power Consumption. 180000 Watts-Hour = 2000 Watts 3 Hours x 30 Days

Which utilities are the most costly?

1. Hawaii: Hawaii’s main culprits are electricity and natural gas, both of which are among the most expensive in the US. The average monthly cost of electricity is $300.04, while natural gas is $232.20. This helps to explain Hawaii’s high average monthly power bill of $730.86.

3. Rhode Island: Natural gas and internet expenses in Rhode Island are among the highest in the US, ranking fourth and second, respectively.

4. Connecticut: Natural gas costs an average of $114.11 per month in Connecticut, which is more than the national average. Connecticut’s average electricity cost of $187.29 is very high, ranking third in the country.

5. New York: The average cost of electricity in New York is $173.84 per month. This helps to explain why the average monthly utility expenses in the state are so high.

6. New Hampshire: At $169.35 and $107.67, respectively, New Hampshire’s electricity and natural gas costs are higher than the national average.

8. Massachusetts: Electric bills in Massachusetts are among the highest in the country, averaging $185.05 per month.

9.Vermont: Monthly electricity and natural gas bills in Vermont are higher than the national average, at $160.20 and $110.43, respectively. As a result of this combination, this state is ranked eighth on this list.

10. Maine: Maine is at the bottom of the list of states with the highest utility costs. Maine residents may see why they’re in 10th place by looking at their average natural gas and electricity rates, which are $146.30 and $132.04, respectively.

2. Utah: Utah has below-average power, natural gas, and internet service. At $52.33 per month, natural gas is the second most cheap fuel in the US.

3. Montana: Montana is the third-cheapest state for utility expenses, with natural gas costing an average of $52.12 per month in 2018, the lowest rate in the US.

5. Nevada: Low natural gas prices are a major element in Nevada’s ranking as the fifth most cost-effective state in the United States. Electricity is also reasonably priced here, costing an average of $101.71 per month in 2018.

6. Louisiana: The average monthly electric bill in Louisiana was $86.83 in 2018. Because of this, the state was ranked sixth most economical in terms of monthly utility expenses.

7. Oregon: Residents of Oregon are lucky in that their monthly electricity and natural gas bills are lower than the national average. As a result, the state boasts some of the most affordable monthly utility costs in the country.

8. South Dakota: While their power rates aren’t particularly cheap, residents of South Dakota pay less for internet service and natural gas than the majority of their countrymates.

9. Arkansas: With an average monthly electric bill of $89.52, Arkansas is one of the lowest-cost states in the US. The average internet bill in the state was $51.04 per month, which placed 48th in the US.

10. Wisconsin: In 2018, Wisconsin’s monthly power expenses were among the highest in the country, but internet connection and natural gas costs were significantly lower than the national average.

How much does a typical water bill cost?

The average American family uses 300 gallons of water per day, according to the Environmental Protection Agency (EPA).

16 That’s enough water to fill a six-person hot tub, to put it in context.

Water costs are also on the rise. In fact, between 2010 and 2015, it increased by 41%, with sewage charges and taxes increasing even more substantially. 17 Since 2015, the rate of increase has moderated, although prices have continued to rise.