The IR-5 is listed as using 20,880 BTU/hr on normal roasts and 50,000 BTU/hr when operating at full flame, so use 40,000 btu/hr to get a safe number. Then plug that into the equation: Cost to Operate = (hours x BTUs) / (100,000 x Price per Therm). You just need to add your expected hours to be roasting and figure out what the price per therm is from your utility company (be sure to find the commercial price as it is different than residential). Its low, but they also charge ~$50 just for the service, and it increases as you use more, or your demand goes up. So, even though your physical usage is low, your bill will be much higher.
So, lets say you roast for 10 hours with an average BTU/hr of 40K and a PPT at .90¢ (I think mine was .85¢ or something around there):
CTO = (10 x 40,000) / (100,000 X .90)
CTO = 400,000 / 90,000
CTO = $4.44
This does not include the other charges though. Ask your utilities about the PPT and what the commercial rates are for supply as that is what really eats up the bill.