Heat Treatment, Furnaces & Thermal Processing calculator
Furnace Energy Cost Calculator
Reconcile the electricity expense of one furnace run. Use its metered energy, the consumption tariff and any separately booked demand allocation.
What this calculator does
- Price metered furnace electricity and a separate demand allocation without counting either charge twice.
Formula used
- Metered energy charge = run energy × energy-only tariff
- Run electricity expense = metered energy charge + separate demand allocation
- Effective rate = run electricity expense ÷ metered run energy
Inputs explained
- Metered Run Energy: Submeter difference covering ramp, hold, cooling and included idle.
- Energy-Only Tariff: Electricity consumption rate excluding separately entered demand charges.
- Separate Demand Allocation: Documented run allocation of demand charges outside the tariff.
How to use the result
- Best suited to electric furnace job Cost, metered run reconciliation.
- This calculation does not price gas, steam or demand ratchets. It does not assign an individual run’s contribution to the monthly peak.
Current U.S. benchmarks
- As of Jul 2026, industrial electricity averages 9.8 cents per kWh across the U.S. (EIA), up 4.7% from a year earlier. State averages range widely, so plants should confirm against their own tariff.
Common questions
- Can I enter therms instead of kWh? No, this model prices electricity in kWh. Fuel quantities need a matching fuel tariff and a separate fuel-cost calculation.
- What if my tariff already includes demand? Use that all-in rate with zero separate demand allocation, or separate consumption and demand consistently. Do not charge the same demand twice.
- Should idle electricity be added again? No, include it in the metered run boundary when it belongs to the job. An additional idle fee would duplicate those measured kWh.
- Why is the effective rate blank at zero energy? A cost per kWh needs a positive energy denominator. The booked demand expense remains visible even when consumption is zero.
Related guides
Last reviewed 2026-10-06.