How Expensive Is It To Run An Electric Fireplace?
Utility Bill Cost Calculator Tool

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?
Use the MagikFlame Electric Fireplaces Cost Calculator to Find Out the Price of Your Next Heating Bill.
We Recommend NOT Changing Watts to Kilowatts As The Price Will Compound Incorrectly (IE: Very High!)
Heat Level Is Usually Medium to Low and is Rarely High (IE: Runs In CONJUNCTION with HVAC)
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
Electric Fireplace Cost Calculator
How will you install your electric fireplace?
What is your cost?
Unit of Power
Choose an Operation?
Price Estimate
ELECTRICITY USED
0.00 /KWH
COST
$0.00

Complete costs
Running costs


Installation costs


Maintenance costs

I Want to Do the Calculations Myself
Here are the formulas for those who want them. (Everyone else, skip to the next heading).
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
Infrared quartz heaters create a quiet, radiant heat that warms but does not dry out the room. We find these units in most high-end heaters, including MagikFlame. The electric fireplace heater is free of both smoke and carbon monoxide. This heat is energy efficient and has the lowest utility cost of all major heating types (unless you cut your own wood.)
Using the visual flame without heat on a MagikFlame fireplace costs approximately $0.47 each month because it has efficient LED lights. Operating the unit on high costs around $23.40 each month. Using it on low costs around $7.80 each month. If you run the unit on high for six-months and run it on visual flame only for six, your annual costs are (approximately) less than $150.


Space Heaters
Forced-Fan Coil Based Electric Fireplaces


Gas Fireplace
Traditional Fireplace


Central Heating
Summary
Infrared radiant heat electric fireplaces overall cost substantially less than other types of heating. (Unless you log and chop your own wood on your own land).
However, every house, type of heater, and electricity rate is different. We have created a calculator so you can directly compare your personal costs.
An Easy Way to Find Out How Much Electric Fireplaces Raise Your Electric Bill With No Math Required. Plug n’ Go!
MagikFlame electric fireplaces (for reference) consume 1,500 watts of electricity to run on high and about 750 watts on medium heat. The amount of heat output is called a British thermal unit and is abbreviated (BTU). To continue using this unit for example we know it’s a 5,200 BTU heater and according to the manufacturer, it’s highly energy-efficient and green making it a good choice to take the chill out of a room. Most electric fireplaces consume about 12-15 amps with the heat turned on and much less when off.
When comparing the cost to run an electric fireplace versus a traditional gas or wood-burning fireplace it does cost much less to run.
Electric Fireplaces are Green and Planet Friendly
Electric Fireplace Installation Cost
When installing a traditional combustion fireplace like a gas or a wood burner there are expensive installation costs involved with these types of fireplaces. For instance traditional fireplaces need to be vented which can be very costly. Installing a chimney on a flue can cost several thousand dollars. Running a gas line for a gas-burning fireplace can also cost a few thousand dollars and requires permits. An electric fireplace on the other hand does not require any permits to install, and does not require any venting, which will save a considerable amount of money on your fireplace installation. If you have your electric fireplace professionally installed, like framed into a wall, there will be minimal fees, and far less than a traditional fireplace. If you install your electric fireplace with a wall mantel package, no professional installation is required, and generally the installation cost when using a freestanding wall mantel fireplace is free. If you can turn a screwdriver you can install a wall mantel electric fireplace as it easily pushes up against a wall and plugs in. Done.
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?
The million-dollar question that I’m sure you’re asking yourself is what will it cost to run an electric fireplace space heater? What about energy efficiency? We’ve made this quite simple by programming an electric fireplace utility bill calculator. This will let you know exactly what it will cost to run your fireplace. However there’s a few things that you’re going to need to know first, before calculating the energy usage of your fireplace. Check your latest utility bill or electric bill and find the cost per kilowatt-hour. This is usually somewhere between .10 to .13 cents throughout the United States, but differs from the region to region.
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 $0.47 a month to run. A very cost-effective solution for providing not only a beautiful flame, but also reduces your carbon footprint, and helps to save the planet, while lowering your energy usage.
Overall, we hope we answered the following questions in this content
To find out what it will cost to run your electric fireplace, use our handy free utility bill cost calculator located here.
Equation For Math Nerds: Energy Cost Calculation
Energy Consumption Calculation
The energy E in kilowatt-hours (kWh) per day is equal to the power P in watts (W) times number of usage hours per day t divided by 1,000 watts per kilowatt:
E(kWh/day) = P(W) × t(h/day) / 1000(W/kW)
Energy Cost Calculation
The energy cost per day in dollars is equal to the energy consumption E in kWh per day times the energy cost of 1 kWh in cents/kWh divided by 100 cents per dollar:
Cost($/day) = E(kWh/day) × Cost(cent/kWh) / 100(cent/$)