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How much does it cost to run an electric furnace? ($153.00/mo)
Running an electric furnace costs about $153.00 / month
($5.10/day at 3 h/day, $0.17/kWh).
($5.10/day at 3 h/day, $0.17/kWh).
Running cost calculator
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An electric furnace heats a whole home with resistance elements, drawing more power than almost any other appliance.
Cost at different electricity rates
| Electricity rate | Per day | Per month | Per year |
|---|---|---|---|
| $0.10/kWh | $3.00 | $90.00 | $1,095.00 |
| $0.15/kWh | $4.50 | $135.00 | $1,642.50 |
| $0.20/kWh | $6.00 | $180.00 | $2,190.00 |
| $0.25/kWh | $7.50 | $225.00 | $2,737.50 |
| $0.30/kWh | $9.00 | $270.00 | $3,285.00 |
| $0.40/kWh | $12.00 | $360.00 | $4,380.00 |
Cost over time
| Per hour of use | $1.70 |
| Per day (3 h) | $5.10 |
| Per month | $153.00 |
| Per year | $1,861.50 |
How to spend less
- Run it fewer hours or on an eco / lower setting.
- Upgrade to a more efficient model (check the energy label).
- Use a smart plug or timer to kill standby and idle draw.
Want the raw figure? See how many watts an electric furnace uses.
FAQ
How many watts does an electric furnace use?
Whole-home electric furnaces commonly draw 5,000-20,000 watts while heating.
Is an electric furnace cheap to run?
No - a heat pump delivers far more heat per watt and usually costs much less.
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