Are electric fires expensive to run?

Are electric fires expensive to run?

The cost of operating an electric fire depends on several factors, including the wattage of the fire, local electricity rates, and how frequently and for how long you use it. Here are some things to consider.

Wattage and Energy Consumption

Electric fires come in various wattage ratings, typically ranging from 750 watts to 1,500 watts or more. The higher the wattage, the more energy the fire consumes. A 1,500-watt electric fire will consume more electricity than a 750-watt one.

Electricity Rates

The cost of electricity varies by location, so the expense of running an electric fire will depend on your local electricity rates. You can check your electricity bill or contact your utility provider to find out the cost per kilowatt-hour (kWh) in your area.

Usage Patterns

How often and how long you use the electric fire will significantly impact your energy costs. If you use it frequently and for extended periods, your electricity bills will be higher.

Control Features

Many electric fires come with thermostat settings and timers. Using these features can help you control the temperature and duration of operation, potentially saving energy and reducing costs.

black glass electric fireplace wall mounted in cosy home

Energy Efficiency Considerations

Some electric fires are designed to be more energy-efficient than others. Look for models with energy-saving features, such as LED lighting and better insulation.

Cost Estimation Formula

To estimate the cost of running your electric fire, you can use the following formula:

Cost per hour = (Wattage / 1,000) x Electricity Rate (per kWh)

For example, if you have a 1,500-watt electric fire, and your electricity rate is £0.15 per kWh:

Cost per hour = (1,500 / 1,000) x £0.15 = £0.225 per hour

So, running a 1,500-watt electric fire for one hour would cost approximately £0.225, or 22.5 pence.

Please note that this is a rough estimate, and actual costs may vary based on factors like insulation in your home, temperature settings, and the efficiency of your electric fire. To get a precise idea of the cost, you can monitor your electricity usage using a smart meter or check your utility bills over a specific period of use.