Average Monthly Cost To Run An Electric Fireplace

These rates will differ depending on where your location is.

Average monthly cost to run an electric fireplace.

Gas fireplace monthly cost. What does that mean. Compared to wood burning and gas fireplaces the electric version is typically much easier and cheaper to install it s eco friendly and it can also be an economical way to provide supplemental heating in your home. The cost to run an electric heater per day depends solely on your electricity costs per kilowatt hour which can be found on your electric bill each month.

Here are the average prices installed which includes the flue vent or chimney. Fireplace installation costs between 100 and 5 600 depending on the type. Do electric fires cost a lot to run. Electric fireplaces have an output that is based on the electric current.

With a sample average computation the operational costs of electricity range from 8 to 23 cents per hour when you use an electric heater. This is down to the fact that electricity usually has a higher unit cost than gas. The average cost of a kilowatt hour. That s around 60 per month.

Therefore using the formula 12 x 100 000 3 413 the cost per therm of electricity works out to 3 52 nearly four times the national average natural gas price of 90 cents per therm. We ll continue to use 60 hours a month along with our natural gas and propane costs above. The average 120v outlet will produce just over 5000 btus which can warm up about 500 square feet. Compare that to the 1 44 a day that it would take to run an electric fireplace heater for the same amount of time and you ll realize that the space heater loses this contest.

As we mentioned above the main benefit of an electric fireplace is that they are 100. Many electric fireplace inserts and stoves can heat up to 400 square feet with some infrared models heating up to 1 000 square feet if you find that your family spends a. The cost to install a gas fireplace is 2 300 to 4 000 a traditional wood burning fireplace runs 1 900 to 3 300 and an electric fireplace costs 100 to 2 200 building a masonry fireplace costs 3 500 to 5 600. For example in march of 2015 the average cost of electricity in the united states was about 12 cents per kilowatt hour.

If you use your unit in high heat mode for 2 hours a day for a month it will bump up your electric bill by about 10 80. Gas fireplaces use between 7 000 and 16 000 btus are between 70 and 90 efficient at converting energy to heat and cost around 60 a year to run. If you are okay and contented with the flames only fireplace meaning no heat is being produced and the flames are more of decorative. A good average for cost of electricity is about 12 per kw and a standard electric fireplace will use 1 5 kw hour so 1 5kw x 12 18 hour.

While this is true it is worth bearing in mind that modern electric fireplaces are 100 efficient and have a low installation cost.