It depends what your voltage is and how much your electricity costs.
Assuming you are running standard residential voltage and your electricity costs 10 cents per kilowatt-hour. 1 Amp would cost you 1 cent per hour or 29 cents per day or $105 per year.
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The cost of 1 amp of electricity depends on your location and the rate set by your utility company. To calculate the cost, you would need to know the rate per kilowatt-hour (kWh) charged by your utility company and then convert the cost to the equivalent amount for 1 amp.
Electricity is not sold by the amp, but by the kilowatt. And the cost of a kilowatt varies depending on where you are. Sorry, but there is just no one answer to your question.
The cost of running an amp of power per hour depends on the electricity rate set by the utility company. To calculate the cost, you would need to multiply the power consumption of the device in watts by the duration of usage in hours, then divide by 1000 to convert to kilowatt-hours, and finally multiply by the electricity rate in dollars per kilowatt-hour.
The average cost of electricity in Norway is around 1 NOK per kilowatt hour, but prices can vary depending on factors such as location, type of energy provider, and consumption patterns.
Using a 7 watt bulb for 1 hour would cost about 0.84 cents based on the average electricity rate in the United States. Over a year, if used for 4 hours a day, it would cost around $12.25 in electricity.
The exact cost of Buckingham Palace's electricity bill is not publicly disclosed. However, it is estimated to be around £1 million per year.