Power to Money Calculation: Get $10K+/Year with Your Power

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In summary, the conversation discusses the possibility of using the person's running ability as a source of electrical power for a local power company. It is calculated that the person can produce 506.27W of power, which can generate $5.49 in one hour, $219.64 for a 40-hour workweek, and $10542.72 for a 48-week work year. However, it is advised to use kilowatt-hours (kWh) instead of kilowatts (kW) to accurately calculate the money earned, which would result in much smaller amounts.
  • #1
atOnz
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You can run up a set of stairs (2.55m) in 2.94s and your body mass is 59.5kg. After hearing about this, the local power company wants to contract you as the next power source. If you were able to sustain your power output for one full hour (and magically have it transferred without any losses to electrical power) and the power company can charge $0.0922 for a kWh, what could they get for an hour of your time? What could they get for your 40-hour workweek? What could they get for your 48-week work year?

-First I calculated the work, then with that (and time) the power.

Work = (mass)(gravity)(distance)
Work = (59.9kg)(9.81m/s^2)(2.55m)
Work = 1488.42 J

Power = 1488.42 J / 2.94s
Power = 506.27W


-Next I changed Watts to Kilowatts.

506.27W x 1kW / 1000W = 0.50627kW

-Then I calculated the money you would make in 1 hour.

0.50627kW / $0.0922 = $5.49


-Then I calculated the money you would make in 40 hours.

(0.50627kW)(40) / $0.0922 = $219.64
or ($5.49)(40) = $219.6


-Then I calculated the money you would make in 48 weeks.

(0.50627kW)(40)(48) / $0.0922
(0.50627kW)(1920) / $0.0922 = $10542.72

------------------------------------------------------------

Did I do everything correct? I am most concerned about calculating the money. I used division, maybe I should multiply? Help me with my sigfigs perhaps (I am horrible with the rules)? Please share your advice so I can have this question 100% right :). Thanks!

-Jay
 
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  • #2
You have 0.50627 kW (or kJ/s). A kilowatt-hour is a unit of energy representing the power of one watt over one hour, so to get Joules again we multiply by time, which is in the this case 60 s.

kJ/s * s = kWh

Then you can find your total money because you have your energy in kWh.
 
  • #3
cscott said:
You have 0.50627 kW (or kJ/s). A kilowatt-hour is a unit of energy representing the power of one watt over one hour, so to get Joules again we multiply by time, which is in the this case 60 s.

kJ/s * s = kWh

Then you can find your total money because you have your energy in kWh.

Why 60s? Maybe 3600s (hour)?

So I have 0.50627 kW = kJ / 3600s, so 0.50627 kW (3600s) = kJ = 1822.6?
 
  • #4
So after that I just multiply my 1822.57 kWh by $0.0922 (# of hours), correct?

1822.57 (0.0922) = $168.04 for one hour of work.
1822.57 (0.0922)(40) = 6721,64 for 40 hours of work
1822.57 (0.0922)(1920) = 322638.63 for 48-40hour work weeks.

Correct?
 
  • #5
atOnz said:
You can run up a set of stairs (2.55m) in 2.94s and your body mass is 59.5kg. After hearing about this, the local power company wants to contract you as the next power source. If you were able to sustain your power output for one full hour (and magically have it transferred without any losses to electrical power) and the power company can charge $0.0922 for a kWh, what could they get for an hour of your time? What could they get for your 40-hour workweek? What could they get for your 48-week work year?

-First I calculated the work, then with that (and time) the power.

Work = (mass)(gravity)(distance)
Work = (59.9kg)(9.81m/s^2)(2.55m)
Work = 1488.42 J

Power = 1488.42 J / 2.94s
Power = 506.27W


-Next I changed Watts to Kilowatts.

506.27W x 1kW / 1000W = 0.50627kW

-Then I calculated the money you would make in 1 hour.

0.50627kW / $0.0922 = $5.49


-Then I calculated the money you would make in 40 hours.

(0.50627kW)(40) / $0.0922 = $219.64
or ($5.49)(40) = $219.6


-Then I calculated the money you would make in 48 weeks.

(0.50627kW)(40)(48) / $0.0922
(0.50627kW)(1920) / $0.0922 = $10542.72

------------------------------------------------------------

Did I do everything correct? I am most concerned about calculating the money. I used division, maybe I should multiply? Help me with my sigfigs perhaps (I am horrible with the rules)? Please share your advice so I can have this question 100% right :). Thanks!

-Jay
Watch out. If you write it in full, the 0.0922 number should be written as

[itex] 0.0922 {$ \over kw \cdot hr} [/itex]

so to get an amount of money, this number must be *multiplied* by the number of kw produced and by the amount of time it is produced. You will get something much smaller than 5$!
 
  • #6
nrqed said:
Watch out. If you write it in full, the 0.0922 number should be written as

[itex] 0.0922 {$ \over kw \cdot hr} [/itex]

so to get an amount of money, this number must be *multiplied* by the number of kw produced and by the amount of time it is produced. You will get something much smaller than 5$!

After taking the advice from some other people I had to change kW to kWh. After finding that number I multiplied them by however many hours were worked to give my how much money the company made. I got much higher numbers than 5$.
 
  • #7
atOnz said:
After taking the advice from some other people I had to change kW to kWh. After finding that number I multiplied them by however many hours were worked to give my how much money the company made. I got much higher numbers than 5$.

(btw, my dolar sign did not show up in my previous post, I meant 0.0922 $/(kw hr), hopefully that was clear).

If you get higher than 5$ then there is something wrong for sure.

There are two ways to approach the problem. For sure, you could owrk with kw* hr which is a unit of *energy*, equal to 3.6 x10^6 Joules.

If you go that way then you must find how much *energy* you can porduce in one hour (you know how much energy you produce in 2.94 second so it's easy to find how much energy in one hour). Now you must calculate how many kw-hr this represents. Then multiply this result by 0.0922 $. It will be *less* than one dollar!


Patrick
 
  • #8
If you produce 0.506 kW for an hour, you've produced 0.506 kWh of energy.

If the electric company will pay you a little more than 9 cents per kWh, you'd get a little more than half of that 9 cents.

- Warren
 
  • #9
Sorry for sort of the redone work but I wanted to make it clearer for myself and people reading.

Work = (mass)(gravity)(distance)
Work = (59.9kg)(9.81m/s^2)(2.55m)
Work = 1488.42 J

Power = 1488.42 J / 2.94s
Power = 506.27W


506.27W are put out over 2.94 seconds. So I need to see how many Joules are put out over an hour.

506.27W = J / 3600s
506.27W(3600s) = 1822572 J
506.27Wh = 1822572 J


Then I'll redo it over in kWh (extra work because it's an assignment :p).

506.27W x 1kW / 1000W = 0.50627 kW

0.50627 kW(hour = 3600s) = 1822572 J
0.50627 kWh = 1822572 J


Then I find the amount of $ made?

0.50627 kWh ($0.0922) = $0.0467 ?

So the company would make $0.047 for every hour the person worked? Sorry if it has taken me a few 'redos' to understand the concept of kWh etc. but my teacher usually puts basic questions of what we learn next into assignments. Correct me if I did anything wrong! Yay for comprehension (I think :P )

-Jay
 
  • #10
Spot on.

Arun
 

Related to Power to Money Calculation: Get $10K+/Year with Your Power

1. How can I use my power to make money?

The "Power to Money Calculation" method involves identifying your specific skills, talents, or knowledge that can be monetized. This could be anything from writing, graphic design, consulting, or even social media influence. Once you have identified your power, you can find ways to use it to generate income.

2. How much money can I expect to make using this method?

The amount of money you can make using the "Power to Money Calculation" method varies depending on your individual power and how much effort you put into monetizing it. Some people have been able to make an extra $10,000 or more per year, while others have generated a full-time income from their power.

3. Is this method suitable for everyone?

Yes, this method can be applied by anyone who has a unique skill or knowledge that can be monetized. It does not require a specific education or background, but it does require identifying your power and being willing to put in the effort to turn it into income.

4. Are there any risks involved in using this method?

Like any other method of making money, there are always potential risks involved. However, the "Power to Money Calculation" method is based on leveraging your existing skills and talents, so the risks are generally lower compared to other methods such as investing or starting a business.

5. Can I use this method as a side hustle or does it require a full-time commitment?

This method can be used as a side hustle, and many people have successfully generated extra income while still working a full-time job. However, the more time and effort you put into monetizing your power, the higher the potential for income. It ultimately depends on your personal goals and availability.

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