The formula to calculate the Hot Tub Electric Cost is:
\[ \text{HTEC} = \frac{\text{P}}{1000} \times \text{EC} \times \text{U} \]
Where:
The Hot Tub Electric Cost refers to the estimated cost of electricity required to operate a hot tub. It is calculated by considering the power consumption of the hot tub, the cost of electricity, and the number of hours the hot tub is used per day. This calculation helps in understanding the daily operating cost of a hot tub.
Example 1:
Using the formula:
\[ \text{HTEC} = \frac{1500}{1000} \times 0.12 \times 3 = 0.54 \text{ dollars per day} \]
Example 2:
Using the formula:
\[ \text{HTEC} = \frac{2000}{1000} \times 0.15 \times 4 = 1.20 \text{ dollars per day} \]