MagikFlame » Learning Center » Cost Analysis » How Expensive Is It To Run An Electric Fireplace?

# How Expensive Is It To Run An Electric Fireplace?

Cost Calculator

Electric Fireplace Cost Calculator

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## How Much Does It Cost to Run an Electric Fireplace?

## How to Determine the Cost of Running an Electric Fireplace?

## How to Use the Calculator?

#### How Will You Install Your Electric Fireplace?

#### What is Your Cost?

#### Your Wattage

#### Unit of Power

#### Daily Usage

#### Duration

#### Choose an Operation

#### Electricity Used and Cost

## Complete costs

## Running costs

## Purchase price

## Installation costs

## Maintenance costs

## I Want to Do the Calculations Myself

The energy E in kilowatt-hours (kWh) per day is equal to the power P in watts (W) times number of usage hours per day t divided by 1,000 watts per kilowatt:**E(kWh/day) = P(W) × t(h/day) / 1000(W/kW)**

The energy cost per day in dollars is equal to the energy consumption E in kWh per day times the energy cost of 1 kWh in cents/kWh divided by 100 cents per dollar:**Cost($/day) = E(kWh/day) × Cost(cent/kWh) / 100(cent/$)**

## Costs and Types of Heaters Compared

#### Infrared Quartz Heaters

#### Space Heaters

#### Forced-Fan Coil Based Electric Fireplaces

#### Gas Fireplace

#### Traditional Fireplace

#### Central Heating

## Summary

#### An Easy Way to Find Out How Much Electric Fireplaces Raise Your Electric Bill With No Math Required. Plug n’ Go!

#### Electric Fireplaces are Green and Planet Friendly

#### Electric Fireplace Installation Cost

#### Maintenance Considerations & Fees

#### Consumable Fuel Savings

#### Save Money With Zone Heating

## Is it expensive to run an electric fireplace? What is the cost to run?

Second you’ll need to know the wattage of your electric fireplace insert. The MagikFlame fireplace uses a 1500 watt heater which is standard. The next thing to factor in is how many hours a day you plan to use your fireplace. The more you use your heater the more it will cost, which is pretty clear. Also the temperature that you set your thermostat to also makes a big difference. The more heat that’s put out the more it will cost.

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. If you run your fireplace in ambiance only mode (flame effect only) IE: not using your electric fireplace heater, the fireplace will cost you only about $0.47 a month to run. A very cost-effective solution for providing not only a beautiful flame, but also reduces your carbon footprint, and helps to save the planet, while lowering your energy usage.

## Equation For Math Nerds: Energy Cost Calculation

Energy Consumption Calculation

The energy E in kilowatt-hours (kWh) per day is equal to the power P in watts (W) times number of usage hours per day t divided by 1,000 watts per kilowatt:**E(kWh/day) = P(W) × t(h/day) / 1000(W/kW)**

Energy Cost Calculation

The energy cost per day in dollars is equal to the energy consumption E in kWh per day times the energy cost of 1 kWh in cents/kWh divided by 100 cents per dollar:**Cost($/day) = E(kWh/day) × Cost(cent/kWh) / 100(cent/$)**