500-Watt vs 700-Watt Electric Drill: Running Cost Compared
A 700-watt electric drill costs $0.315 more per month than a 500-watt electric drill ($3.83 per year), assuming 0.3 hours a day at $0.175/kWh. Per hour the difference is $0.035.
Side by side
| 500-watt Electric Drill | 700-watt Electric Drill | |
|---|---|---|
| Power | 500 W | 700 W |
| Hours per day | 0.3 | 0.3 |
| Cost per hour | $0.088 | $0.123 |
| Cost per day | $0.026 | $0.037 |
| Cost per week | $0.184 | $0.257 |
| Cost per month | $0.788 | $1.10 |
| Cost per year | $9.58 | $13.41 |
| Energy per year | 54.8 kWh | 76.7 kWh |
Based on $0.175 per kWh (US average).
Which should you choose?
Higher wattage does not always mean more heat or output per dollar, and it does not always mean it runs longer. A bigger unit may reach the target temperature faster and then cycle off. Compare size to your room or job before you decide.
Want your own numbers? Open either calculator and enter your hours and rate: 500-watt Electric Drill or 700-watt Electric Drill.