1. Use matching energy units
If consumption is in gallons per hour, enter a price per gallon; if it is in kWh per hour, enter a price per kWh.
2. Enter the machine's use rate
Use a measured or representative hourly consumption rate for the planned work.
3. Set operating hours
Include all hours during which the machine consumes energy for this job or period.
4. Add the energy price
Enter the current or scenario price per matching unit.
5. Optionally note idle share
Use the idle percentage to separate the portion of cost associated with productive operating time from nonproductive time.