Assume the utility rate to be $.20/kWh. What is the cost of purchasing 10kW for 1.0 hour?

Answer 1

10 kW for 1.0 hr is 10 kWh of energy use. Multiply that by the cost per kWh

0.20 $/kWh x 10 kWh = ?

Answer 2

.2 X 10 = $2.00?

Answer 3

Yes