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Well, its possible the motors weren’t at 100% at all times, but I’d imagine that at that maths its still 1-2 cents per kWh, which still seems quite off.
I looked it up quickly to get some context. Google (alphabet). Which is a huge consumer of energy. Has deals directly with the electricity producers. It’s reported they pay ~4-12 cents per kWh in the US, depending on where the energy comes from.
And they can get those prices because they are an enourmous customer that can sign multi-year deals that benefits the producers ability to expand production.
So… i would love to know how this company managed to get rates around 1-2 cents per kWh