Well, power usage calculators are a grand thing, e.g. measuring power draw written on the box, like 200W for a heater, then using formulas like the below to calculate approximate usage.
power draw x hours per day x days per year = KWH used
Multiply KWh used x KW cost = yearly cost
Divide yearly cost by 12 = monthly cost
To see if my estimates were accurate, I decided to pick up a watt meter, specifically the P3 P4400 Kill A Watt meter. I know it's not 100% accurate, especially compared to professional tools used by electricians, but it should get close enough for my purpose.
I tested it last night on the power strip used by two of my tanks, and got a bit of a shock (mentally, not literally). I spot checked several times in an hour and saw the minimum power usage with heaters off was around 42W. Then I waited until both heaters kicked on - and the power usage bumped up to 332 W. This makes sense with a 200W heater + 100W heater + other equipment.
That was an on the spot test, so I let the meter run to measure for 12 hours. I figured the actual usage would be something around half, e.g. 0.15KW/hour. Nope, it was actually 0.2KW/hour, so 78% of the maximum. Working backward, e.g. tweaking my numbers in the formula until I got about the same measurement indicates my heaters are running more like 18hrs/day during the winter, at least on a cold day like yesterday with outside temp around 20 degrees Fahrenheit. This was a huge jump vs. the 6hrs/day I had used as my estimate for the power calculation spreadsheeet. Obviously those numbers should be much lower in the summer, but it was eye opening to see how far off I was.
Looks like I need to bump those heaters down a few degrees periodically to get the hardier fish acclimated to around 72 vs. 78-80.
I also have three more banks/power strips of tanks I need to measure. I plan to run the meter for 24 hours on each to get rough numbers to work from. I realize it will be more accurate if I do this test a few times a year when the temperature is warmer or colder. I plan to do this as I have time.
Anyway, I found this informative, and it might be helpful if you're seeing spikes in your electrical costs. Check your heaters and other equipment to see how often they're actually running.