-In broad terms, in 2011 the average cost of electricity in the US was 11.9 cents per Kwh, 500 watts is 1/2 a Kw per hour, so it will cost 6 cents an hour, if you live in an average place.A 500 watt bulb will usually use 500 watts of power
500 watts. About 4 amps at 120vac.
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