What is most cost effective electric heater?

04 Apr.,2024

 

Using a space heater to target rooms you're using instead of heating the entire house is a surefire way to trim money off of your monthly energy spend. Space heaters cost about 20 cents per hour to operate, give or take, which is a whole lot cheaper than central heat for a home of almost any size. Bigger homes and those in colder climates cost even more to heat, and the net savings you'll see using a space heater is even greater. In short: The higher your typical monthly heating bill is, the more you can save by smartly dispatching a space heater this winter. 

To find out exactly how much you can save using a space heater this winter, we did the math. While there are loads of variables -- fuel cost in your region, climate, house size, preferred temperature -- we relied on some national averages, and it turns out you can save hundreds, even into the thousands if you're heating a bigger home with pricey oil.

For more ways to save money this winter, check out five tips to save money on your heating bill, where you should move your thermostat to cut down heating costs and the best energy-saving smart gadgets that will help you cut down your bills.

How much does it cost to run a space heater? 

The cost to run a space heater depends on the type of heater that you've got, including its size and wattage. A small personal heater can be purchased as cheaply as $20, whereas a full-room heater can run you up to $300, depending on the model and heating capacity. Larger heaters cover more area and are more effective (while smaller heaters in big spaces are inefficient), but also cost more to run. 

You'll want to consider energy efficiency. This is tricky when it comes to space heaters because they are not currently evaluated by the Environmental Protection Agency's EnergyStar program. As a result, you'll have to take the word of the manufacturer. 

Finally, you'll need to take into account your state or municipality's electricity rates. This will determine the cost per hour that you can expect to incur by running your space heater. These prices might also dictate how long you'd like to run your space heater. 

On average, you can expect to pay about 20 cents per hour to run an average space heater that's 1,500 watts and can heat a standard room. If you run it for eight hours per day, you'll pay about $1.60 per day. That comes out to just under $50 per month. 

How much does it cost to heat the average home?

Comparatively, the cost to heat a house varies widely, based largely on home size and fuel type. Below is what the US Energy Information Association predicts US households will spend on heating this winter, from Oct. 1 through March 31 or 181 days. The chart of anticipated costs for various fuel types to heat a home in a climate 10% colder than the national average for winter 2022-23.

Projected US heating costs for winter 2022-23


Cost per US household (Oct. '22 - Mar. '23)Average price per dayAverage price per hourIncrease from previous year Natural gas $1,096$6.05$0.2528%Heating oil $2,605$14.39$0.6027%Electricity $1,482$8.16$0.3410%Propane $2,157$11.90$0.505%

Can you save on heating by using a space heater?

This chimney-style space heater adds warmth and ambiance. 

While $50 per month sounds like a steal for heating, a space heater is not a full substitute for heating an entire home. But there are plenty of ways to save money using a space heater to supplement your monthly warming and slash your utility bill. If you think about it, home heating isn't efficient since you're not in all rooms at all times. A natural foil for a bloated heating bill is to crank the thermostat down and use a space heater to warm a room you know you'll be in for an extended period such as your home office during the day or living room in the evening. For this exercise, we'll calculate how much you could save using a space heater for a third of the day, or eight hours. 

Using the figures in the first chart, I've calculated the average cost of running a space heater for eight hours versus the cost of running the heat for the entire home using each of the four most popular fuel types. I then multiplied the cost of each eight-hour total by 181 days (Oct. 1 to Mar. 31). From that, you can get a snapshot of the delta between the cost of running a space heater versus central heat, along with potential savings for using a space heater for a portion of the day.

How much you'll save using a space heater


Cost per 8 hoursSavings using space heater, 8 hoursSavings with space heater, Oct-Mar Natural gas $2.00$0.40$72Heating oil $4.80$2.80$506Electricity $2.72$0.72$130Propane $4.00$2.00$434

For those using oil or propane as fuel, the savings are significant: $434 for propane and $506 for oil just through the winter season alone. Those with natural gas and electric heat save less -- $72 and $130, respectively -- but, as you'll see in the next section, these numbers don't tell the entire story. Space heater savings are much greater for those with large apartments or freestanding homes and those who live in colder parts of the country. 

Folks with larger homes save more with a space heater

One big caveat to these numbers for estimated heating costs is that they account for all homes and home types in the US including smaller apartments and condos. To heat an average freestanding home with natural gas, for instance, with a 75,000-BTU furnace, you're probably looking at a number closer to 40 cents an hour, according to PickHvac's heating cost calculator. And this is a yearly average; zeroing in on the winter season only would bounce that hourly cost more. The larger your home, the more it costs to heat and the greater your savings will be if you employ a space heater.

Those in colder climates will also save more, on average

Keeping the thermostat set at or below 68 degrees in winter is another way to trim costs from your energy bill.

Tyler Lizenby/CNET

The figures provided by the Energy Information Association are based on climates just 10% colder than the national average. The EIA numbers represent something of a rough estimate of US heating costs, but ask anyone in North Dakota, Maine or New Hampshire, and they'll tell you these numbers are decidedly low. Anecdotally, we spoke with Deb Barber from Wakefield, Rhode Island, who uses oil to heat a 2,000-square-foot home and reported monthly winter heating bills regularly over $400.

If we use a lowball estimate of 60 cents per hour for heating a freestanding home of about 2,000 square feet with natural gas during the winter months in a colder climate, the savings for using a space heater for eight hours in place of central heat would jump to over $500 for the season. Swap in more expensive oil or propane and prorate for the same scenario above (a larger home or apartment and colder climate) and you're talking about savings well into the thousands. 

If you're looking to add a space heater to cut energy costs, we've done some digging to find the best space heaters for 2023, including a budget pick, compact models and the best space heater for large rooms.

How do costs vary based on space heater settings?

The cost to run a space heater varies depending on its size and power.

Honeywell

On most space heaters, you'll see an option to adjust the level of heat that the appliance provides. Most have some form of a "low," "medium" and "high" setting. Typically what these settings translate to is the amount of the wattage capacity that is in use to heat your room. 

Let's say you have a space heater that can produce up to 1,500 watts and you place it on the "low" setting, it may only use 750 watts of its capacity. This does have an impact on the overall energy consumption that your space heater will require. It can cut the daily cost in half. However, it may limit the heating ability of the space heater. It might be best to use the low setting to maintain warmth and only use the medium or high settings to provide additional heat to save on cost.

Space heaters are handy appliances to have, especially as the weather outside gets frightful and you need to start layering your clothes. But you'll want to prepare yourself for the cost of using a space heater. An additional $50 per month of utility costs can significantly impact your budget if you aren't prepared for it. Consider how to best balance your budget and your heating needs to make it through the winter in comfort and without breaking the bank.

How to pick the right space heater

If you're looking for some extra heat in the winter or to warm up your cubicle in a particularly cold office building, a space heater can be an excellent option. But not all space heaters are made the same. You'll want to take into account the amount of space that you're trying to heat, the way they heat the space, and the amount of energy they consume to perform the task.

For most people, a standard space heater that covers an average room will do the job. These cover about 200 square feet and are usually around 1,500 watts. If you're looking to heat under a desk or a smaller space, a personal space heater with about 400 or 500 watts will do the job. 

Most space heaters fall into one of two types when it comes to generating heat. There are convection heaters, which work by heating coils that help to heat the air and spread it through the room with a fan. Then there are radiant heaters, which emit infrared radiation to help heat an area. Radiant heaters are faster but more focused, whereas a convection heater provides more even heat throughout an area. In small bursts, radiant heaters are more efficient -- but in a space that needs to be heated for an extended period, convection can prove to be more effective.

Whichever space heater you choose, make sure to check out our space heater safety guide.

If your utility relies on a time-of-use plan, learn more about peak and off-peak hours to save money. For more, check out the small home upgrade you can make that will save you big money on heating costs, and more easy ways to save money around the house. 

It’s important to be conscious about our energy usage – it helps us look after both the planet and our bills.

Searching for the ideal electric heater can be daunting, with so many varieties available. It’s important to select one that is tailored to your specific needs and has a high energy efficiency rating.

If you’re in the market for an energy efficient heater to keep your home warm, or if you simply want to explore the electric heating options available, then look no further! Here is a detailed overview of each type of electric heater with their associated benefits and running costs.

Halogen Heaters

Halogen Heaters are perfect for swiftly warming a space. Their name is derived from the halogen element within the heater’s bulb or lamp, which generates heat when combined with electricity and emits radiant warmth. This type of heat is ideal if you need to quickly warm up an area but won’t be as effective in heating an entire room evenly.

Halogen heaters are among the most cost-effective electric heater options, with a typical power output of 1200W. Their immediate warmth in close proximity saves energy by not needing to be left running for long stretches of time.

Convector Heaters

Convector heaters are a perfect solution for heating up medium to small-sized spaces with consistent warmth. This is achieved through convection, an efficient mechanism that works by allowing the warm air inside of your home to ascend while drawing cool air into the base of the heater where its temperature will be amplified and then expelled at it’s top.

Although convection heaters take a little bit more time to provide warmth than models like halogen heaters, the payoff is worth it. The entire room will be evenly heated and since most of these varieties have an output power of 2000W, they may be pricier to operate. Furthermore, you’ll likely need to keep them on longer compared with radiant heater systems.

Equipped with a built-in thermostat control, convector heaters give you the power to accurately regulate their heat and energy output for optimum efficiency.

Oil Filled Radiators

Oil-filled radiators are perfect for a sustained warmth. Through their unique thermodynamic process, these units employ an electric heating element submerged in oil to warm the radiator body and then transfer that heat into your room – both through convection and radiation. When switched on, you can feel the results almost instantaneously!

Oil-filled radiators offer a wide range of wattage and prices, but the primary benefit is their thermostatic control. This means that users can customize how much heat they want to produce and make sure that energy consumption is kept at an optimal level. Given its power saving features, this heating source has been shown to be one of the most economically viable options available!

Furthermore, oil-filled radiators are much more efficient at retaining heat than other types of room heaters; which means that the radiator will still give off warmth for some time after the switch has been turned off. For cost estimation purposes, we have estimated an average wattage of 1500W when it comes to running an oil-filled radiator.

Fan Heaters

Quickly heating a small room? Look no further than fan heaters! Cold air travels into the back of the heater, where it passes over an electric element that warms it before being expelled from the front by an internal fan.

Fan heaters are the perfect choice of heater for those who want to quickly and efficiently warm up a room. With its powerful fan, warm air can circulate at greater distances faster than other types of heaters. While it does produce some noise during operation, these handy machines may be found with thermostatic control and will typically come in 2000W models.

Conclusion

After evaluating the various kinds of electric heaters on the market, it is clear that halogen heaters are most cost-effective to run due to their lower power output. Though many of the higher wattage models come with inbuilt thermostats and timers, allowing you to manage how much energy they use and for what duration. This feature helps minimize running expenses significantly! Ultimately, your preference will depend upon finding a heater that suits your needs as well as one which can be used efficiently.

It is important to be mindful that if electric room heaters are used for extended periods, they can become expensive due to the higher cost of electricity compared to gas. These devices produce intense and quick warmth which should only be turned on intermittently in order to warm up a space as opposed using central heating systems for long durations.

What is most cost effective electric heater?

Which Type of Heater is Cheapest to Run?

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