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The formula for calculating Potential energy is P.E. = m * g * h, where 'm' is the mass of an object, 'g' is the acceleration of gravity, 'h' is the height of the object. 1  Stored mechanical energy: The energy which is possessed by an object due to its stored energy of position. 2  E.g., rubber bands, springs.
Kinetic Energy versus Potential Energy comparison chart; Kinetic Energy Potential Energy; Definition: The energy of a body or a system with respect to the motion of the body or of the particles in the system. Potential Energy is the stored energy in an object or system because of its position or configuration. Relation to environment