Evans
1 evan = 1 kWh
The same unit as on your home meter. One coin is 1,000 evans. Enter your kilowatt-hours and see them inside the coin.
Share of a coin—
At the energy price—
Each cell is 10 evans; the whole grid is one coin, 1 MWh.
Converter
Coins, evans, dollars
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Change any field — the others recalculate. Energy price: $0.1616 per kWh.
Precision
Six decimal places
Whole coins—
Evans—
Thousandths of an evan (Wh)—
- The first three digits are evans. The next three are fractions of an evan, down to 0.001 (1 Wh).
- Decimals, not percentages. So fractions are not confused with an interest rate.
- Rounding favours the reserve.
The key rule
Evans do not move the rate
The rate stands still until the open coin is filled and changes only at its boundary. Buy evans and watch the rate.
Rate of the open coin—
The last purchase cost—
—
Calculated on demonstration parameters: demo WattCoin EU, cap 11.17 bn coins, 10 % in circulation, energy price $0.1616 per kWh.
Why
Why a separate unit
You used 250 kWh in a month — that is 250 evans of energy.
Inside one coin the rate does not change.
For a consumer 1 evan pays for exactly 1 kWh.
Exchanges count in MWh — the coin; households in kWh — the evan.