Can you help me figure out the savings in this?

[sanguine_speed]

I have this range:
http://www.electroluxappliances.com/...ric/ew30es65gs
It has one big main oven, and a second drawer-style smaller oven below (the thing that looks like a pot drawer is an oven).

We are considering buying a toaster oven because right now my range is broken, but we were considering buying one anyway.

What I want to know is how much electricity I would save (after my range is fixed!) by using my toaster oven instead of the full oven or small oven on my range for items that are toaster oven-able.

I know it depends on the toaster oven I choose, but assume I would choose a nicer induction model, of moderate size. You could even recommend one if you like .

I'd like to figure out the energy use difference and calculate an estimated cost benefit to decide how much effort to make to use the toaster oven over the range.

[Vaske]

Your range has a wattage of 2500 watts for either the bake element or the convection element. Toaster ovens use maybe 1500 watts. So for every hour of baking, you might save one kilowatt-hour worth of electricity by using the toaster oven. Electricity here cost about 9 cents per kilowatt-hour, but there are taxes on top of that.

[Vaske]

Forgot to add that your broiler oven element can use up to 4000 watts, and that your stove probably has better insulation than a toaster oven would, so it wouldn't necessarily have to fire up the heating elements as often or as long.

[sanguine_speed]

Thank you!!!!

So that means if I used the toaster oven ten times a month in place of the oven, I'd save 86 cents (we're 8.6 cents/kWh).

Doesn't seem worth the effort to fit it all in the toaster oven (we're a bigger family).

I appreciate the help.

[KristyDi]

I mostly use my toaster oven when I don't want the big oven to heat up the house. I haven't done any math but I imagine I save some by not causing the AC to work harder. That might be something to consider too.