Currently, the average cost of electricity in the United States is approximately 12 cents per kilowatt-hour. This means it will cost you approximately 15 cents per hour to operate an electric fireplace. If we extrapolate this number, we can provide several other cost estimates: 2 hours/day: $0.36/day or $10.95/month.
How much does it cost to run an electric fireplace per month?
Running the fireplace on high for instance with a $0.13 kilowatt hour cost, at 1500 watts will run you about $23.40 a month. However if you run that same fireplace electric heater on a low heat setting it costs only $7.80 a month to run, which is a significant difference.
Is it cheaper to run an electric fireplace or the furnace?
Central heating can heat a 1000 square yard home, but a single electric fireplace can heat up just a simple 400 sq ft room. However, if you’re looking to compare hour per hour cost, then you’ll find that the electric fireplace heater is much cheaper than a central heating installation.
How much will an electric fireplace raise my electric bill?
Based on the national average kilowatt-hour (kWh) rate of 12 cents, a 1,500-watt electric fireplace will cost around 18 cents per hour with all settings at maximum.
Are electric fireplaces economical?
Electric fireplaces are by far the most energy efficient option. Only 1% of the heat from an electric fireplace is lost, because it is in no way connected to the outside. And if you’re concerned about pollutants, electric fireplaces are also the cleanest for the air inside your home.
Do electric fireplaces use alot of electricity?
Do electric fireplaces use a lot of electricity? Electric fireplaces use approximately the same amount of electricity as the average space heater. Since most fireplaces operate on a standard household outlet, they use 120 volts to power the internal heater and draw about 1,500 watts at 12.5 amps.
How many hours can you run an electric fireplace?
Always check the instruction manual for your particular model of electric fireplace for any maximum specific lengths of time it should be operated for. We periodically use our electric fireplace stove anywhere between 1 and 4 hours in order to bring our living room up to a toasty temperature during the winter months.
What are the cheapest electric fires to run?
Infrared Heaters – the lowest wattage per heat provided makes these the cheapest to run. Oil-Filled Heaters – their long-lasting heat makes the most out of the electricity. Storage Heaters – saves in running costs by using off-peak electricity tariffs.
Do electric fireplaces need to be vented?
Q – Do Electric Fireplaces need venting? A – No, Electric fireplaces do not create any emissions and therefore do not need to be vented through a chimney, direct vent, or other source like gas and wood fireplaces do.
Does an electric fireplace add value to a home?
While an electric fireplace may not increase the value of a property in the same way a gas fireplace can, a budget-conscious consumer can create a beautiful setting with a premium electric fireplace unit. This, in turn, can create a more desirable living space.
Can you leave an electric fireplace on all the time?
Yes, it is okay to leave an electric fireplace insert on overnight but it’s best if you turn it off when possible. … Although electric fireplaces do not produce any carbon monoxide fumes, its best to turn your electric fireplace off when you leave the room for an extended period of time or plan on catching some zzz’s.
How much does it cost to have an electric fireplace installed?
An electric fireplace costs an average of about $700. Depending on the size and type of fireplace, you could spend as little as $200. Electric fireplaces are less expensive than the cost of installing a fireplace or woodstove, which can run from $850 to $3,500.
Is Dimplex the best electric fireplace?
As far as electric fireplaces go the Dimplex Revillusion is no doubt one of the most popular and one of the best mid-range electric fireplaces. This fireplace has more realistic flames than many electric fireplaces on the market, which makes this one in particular a good example to look at and compare to.
Can you plug an electric fireplace into a regular outlet?
Yes, most electric fireplaces can be plugged into a regular outlet. However, the majority of electric fireplaces need their own circuit because they have heaters built in. … The heaters on electric fireplaces draw up to 1500 watts, which is all the power available on a regular 120 volt household circuit.
Are electric fireplaces worth it?
The electric fireplace is energy efficient and cost effective. There is no risk of losing the heat through the venting as the case with gas fireplaces. A gas fireplace can lose 20% to 30% of the heat through the venting decreasing the efficiency.
Is an electric fire expensive to run?
5. Electric fires are 100% efficient. … On average a kilowatt of electricity costs around 15p an hour, therefore you could expect to pay 30p an hour on the 2kW setting. Note: Yes, electric fires are more efficient, but electricity is a more expensive fuel than gas and most likely more expensive than burning wood also.