Another factor to consider when operating a traditional gas or, is the cost of the fuel that your fireplace burns. How will you install your electric fireplace? Traditional combustion fireplaces will emit chemicals into the air when burned like. Electric fireplaces are very energy efficient. 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. The more heat that’s put out the more it will cost. Installing a chimney on a, can cost several thousand dollars. *0% APR financing available for a limited time. How Much it Costs to run an Electric Fireplace Last updated on April 22, 2020 at 3:48 PM The question of whether or not electric fireplaces are actually efficient is … Electric fireplaces on the other hand are very economical to run as they do not require annual chimney sweeps. The carbon footprint of an electric fireplace is practically zero since nothing is being burned. Operational costs range between 0.003 to 3 cents per hour when you use them strictly for decorative purposes -- that is, the flames are activated but no heat is produced. Depending on the style and size of the electric fireplace you purchase, the initial costs can vary greatly. 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. A huge way to save on your monthly electricity bill is to utilize, means that you warm only the rooms that you’re in. An, on the other hand does not require any permits to install, and does not require any, , which will save a considerable amount of money on your fireplace installation. Running a gas line for a gas-burning fireplace can also cost a few thousand dollars and requires permits. When installing a traditional combustion fireplace like a gas or a wood burner there are expensive installation costs involved with these types of fireplaces. The annual maintenance fees are not insignificant and should be factored into the cost of operating a traditional fireplace. I know, I know, that’s a wide range, but stick with me here. A typical 1500 Watt unit running on high heat and flame effect will cost about $.18 /hour. If you run your fireplace in, , the fireplace will cost you only about $0.47 a month to run. If you still can’t decide, compare these three things: Portable fireplace heaters usually have the same efficiency as other space heaters. This is perhaps the most expensive part of your monthly, . The price of a gas line hookup if you have an existing gas line runs between $150 and $300. For a simple, glass-front, stone bed, 5,000 BTU insert firebox1 using an existing 120v outlet, the average cost for a unit and installation is $900. The energy cost per day in dollars is equal to the energy consumption E in kWh per day times the energy cost of 1 kWh in cents/kWh divided by 100 cents per dollar: Cost($/day) = E(kWh/day) × Cost(cent/kWh) / 100(cent/$), Apply for your rate in seconds without impacting your credit score, Pay over time with 6, 12 and 24 month financing options*, No payments for at least 30 days after your transaction is settled, Prepay your loan at any time without any penalties, Receive monthly bill reminders or set up auto-pay, Select Pay Over Time & Pick Your Finansing Options, Complete Your Checkout & Wait for Your Fireplace. Keep in mind that the more square feet you warm, the more your bill will increase. The two main influences of how much it costs to run a bioethanol fireplace are the cost of the fuel and how far open the fuel box slider is; your bioethanol fire slider can be 1/4 open, half open or fully open and this will make a difference to how much fuel you use. For instance, need to be vented which can be very costly. How to Convert a Fireplace with an Amantii Fireplace Insert, 4 Advantages of a Free Standing Electric Fireplace TV Stand, Large Entertainment Center with Fireplace & More… (DIY), ElectriFlames.com - Electric Fireplace Inserts, Logs, Stoves & More, The cost of the unit itself plus installation costs. As the cost of wood goes up and forests around the world are condensing, this cost can begin to add up. Likewise a, running off of propane for instance is also a consumable fuel that is becoming more expensive year after year, as less of it is available as it’s used. However there’s a few things that you’re going to need to know first, before calculating the energy usage of your fireplace. The amount of heat output is called a British thermal unit and is abbreviated (BTU). Energy saving tip: Keep doors closed and windows sealed to minimize heat loss and cut your heating bills. , carbon dioxide, and formaldehyde. The more heat that’s put out the more it will cost. An electric fireplace works great as a supplemental heating source. This is down to the fact that electricity usually has a higher unit cost than gas. 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. The cost to run an electric heater per day depends solely on your electricity costs per kilowatt hour, which can be found on your electric bill each month. We’ve made this quite simple by programming an electric fireplace utility bill calculator. You can then use your, to warm just the room that you’re in, and keep the temperature exactly where you want it. What is the cost to run? I know, I know, that’s a wide range, but stick with me here. If possible, use heaters in rooms that do not have vaulted ceilings because heat rises. The fireplace, assuming an efficiency rating of 60 percent, will output only 19,200 BTUs at a net cost of $1.51 per therm and will have run constantly in order to heat a large space. 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. Not bad for no chimney cleaning, no ash removing, no gas fumes and an easy automatic remote-controlled fire. Something else to consider is the fact that you can operate an electric model with flames only (no heat) anytime you don’t need additional heat but simply want to enjoy flickering flames. How Much Does it Cost to Run an Electric Fireplace? A good average for cost of electricity is about $.12 per Kw and a standard electric fireplace will use 1.5 KW/ hour, so 1.5Kw x $.12 = $.18/ hour. Second you’ll need to know the wattage of your, a 1500 watt heater which is standard. This will let you know exactly what it will cost to run your fireplace. The fireplace essentially pays for itself! We’ll use 0.15 in this example. . Compared to wood-burning and gas fireplaces, the electric version is typically much easier and cheaper to install, it’s eco friendly and it can also be an economical way to provide supplemental heating in your home. The cost to remove a fireplace or … Low in cost, usually under $100, baseboard heaters are a less expensive alternative as opposed to electric fireplaces that run anywhere from $200-1000. 1. The amount of space that can be comfortably warmed depends on the output of your electric fireplace. For instance your chimney and flue needs to be cleaned at least once a year in order to keep it safe. So, while electric stoves are more expensive to run per kilowatt, this cost could be offset by a much lower initial cost and less maintenance. Gas Fireplaces and Costs. However if you run that same fireplace electric heater on a low heat setting it costs only $7.80 a … on the other hand do not emit hazardous fumes and are therefore not only safer to use but better for the planet. Many electric fireplace inserts and stoves can heat up to 400 square feet, with some infrared models heating up to 1,000 square feet. We’ve made this quite simple by programming an, . Today, you can find electric fireplaces, gel fuel fireplaces, and more traditional wood or gas, and each has its pros and cons. Different from an insert, a direct vent gas fireplace offered through Kozy Heat will have a … How much will an electric fireplace raise my electric bill? It’s probably 1500 Watts, and as such uses 1.5 Kilowatt Hours for every hour it is on, exactly the same amount as any, run of the mill, electric heater. This can cost up to £1000 as the installation will have to consider wiring for the fire. Traditional combustion fireplaces will emit chemicals into the air when burned like carbon monoxide, carbon dioxide, and formaldehyde. All of our electric fireplaces produce a warm, gentle and even heat throughout your space, using virtually silent fan heaters. The cost to … is practically zero since nothing is being burned. Plus, you may be able to lower the thermostat on your whole house heating unit. However if you run that same fireplace, on a low heat setting it costs only $7.80 a month to run, which is a significant difference. There are considerable maintenance fees associated with traditional wood and gas burning fireplaces. You can then use your electric fireplace to warm just the room that you’re in, and keep the temperature exactly where you want it. (Keep in mind that this can also vary by time of day.) However, though inexpensive to purchase, baseboard heaters and electrical fireplaces do require a large electrical output increasing your energy costs. Installing a chimney on a flue can cost several thousand dollars. The next thing to factor in is how many hours a day you plan to use your fireplace. That will be in the form of wood or natural gas. This is what fuels the fire inside the insert. The carbon footprint of an. Before purchasing a new fire its important to identify the running costs to ensure you choose the right stove for you and your home. If you want to understand the utility bill impact, use our utility cost calculator. to also makes a big difference. Zone heating means that you warm only the rooms that you’re in. Likewise a natural gas fireplace running off of propane for instance is also a consumable fuel that is becoming more expensive year after year, as less of it is available as it’s used. An electric fireplace, if it is designed to provide heat, is basically a dressed up electric heater. 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. Bread® loans are made by Cross River Bank, a New Jersey Chartered Bank, Member FDIC. How Much Does it Cost to Run an Electric Fireplace? Gas stoves typically have a higher heat output. If you are on a tiered rate system, avoid peak hours. 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. Current Natural Gas is the cheapest of the two types with the cost/therm being somewhere around $1.00/Therm. This is usually somewhere between .10 to .13 cents throughout the United States, but differs from the region to region. Dimplex Stone and Wood Electric Fireplace – Pros & Cons. Zone heating is not only economical for you, but good for the environment and highly recommended for anyone wishing to reduce their heating costs and help the planet. What about energy efficiency? This will greatly cut your monthly energy bill by a significant amount. Related: The Best Electric Stoves 2019/2020. If you can turn a screwdriver you can install a wall. The next thing to factor in is how many hours a day you plan to use your fireplace. This example payment based on the listed product price assuming a 24 month term loan and a 9.99% APR. Especially when it comes to clean up and maintenance. The cost of operation is affected by the cost of electricity in your area. A small 10-13 square meter room that needs 1500W expends 38 cents per hour while that of a 13-17 square meter space will cost around 50 cents per hour using a 2000W electric fireplace. 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. This translates to about 23 cents per hour. 3-Sided Glass Electric Fireplace – Indoors & Outside? Done. © Copyright 2015-2020 Magik Flame LLC - All Rights Reserved, Our Proprietary Holographic Fireplace Technology Is Patented & Protected Under Law, {"cart_token":"","hash":"","cart_data":""}, We Recommend NOT Changing Watts to Kilowatts As The Price Will Compound Incorrectly (IE: Very High! We know that the watts = 1,500. Gas fireplace installation: 30” width fireplace to heat a 250 sq.ft. For a new line, the cost will range between $300and $800. There is no need to heat your entire home, if you’re spending most of your time in your, , and by keeping it at a low setting, you are saving money on electricity. This makes the total cost for a gas fireplace between $2,750 and $7,300. A standalone portable unit doesn’t require any installation, but an inset wall unit might have to be installed by a professional. That will be in the form of wood or, . A huge way to save on your monthly electricity bill is to utilize zone heating. Rates range from 0% to 29.99% APR. If it’s a fireplace and electric fire to install, it’s more likely to cost around £400 depending on where you are in the country. According to ElectricFireplacesDirect.com, even though electric fireplaces produce less heat per unit, virtually no heat is lost up the chimney – making the warmth that they do produce, more usable and efficient. Your terms may vary and are subject to credit approval. However, if your home does not have a chimney or you would like to have the ambiance without the maintenance, mess, or fumes, you should consider the benefits of an electric fireplace. Check your latest utility bill or electric bill and find the cost per kilowatt-hour. tip: Keep doors closed and windows sealed to minimize, The million-dollar question that I’m sure you’re asking yourself is what will it cost to run an, ? Is it expensive to run an electric fireplace? as it easily pushes up against a wall and plugs in. *auto populated cost based on North American average of rates. Energy Efficient. It’s really inexpensive to run a gas fireplace or insert. Compared to wood-burning and gas fireplaces, the electric version is typically much easier and cheaper to install, it’s eco friendly and it can also be an economical way to provide supplemental heating in your home. Second you’ll need to know the wattage of your electric fireplace insert. Electric fireplaces are one of the most efficient ways to heat a home and heat … There are considerable maintenance fees associated with traditional wood and gas burning fireplaces. Also the temperature that you set your. There is no need to heat your entire home, if you’re spending most of your time in your living room. How much energy does a gas stove use? Also the temperature that you set your thermostat to also makes a big difference. 0.5 x 0.12 = 0.06 (so your heater will cost 6 cents per hour to run) Bear in mind that, if you’re running a heater with a thermostat , it’s not going to be running permanently for the entire hour – it will kick in whenever the room drops below the desired temperature, so 6 cents per hour is if your heater is running continuously. Those numbers do not mean much unless you know how gas appliances work. The more that you use your, the more that it will cost you to operate, because you will be using more wood for fuel. you warm, the more your bill will increase. ), Yes, as it’s typically more flexible and portable than a home with a, . Cost To Install Gas Line For Fireplace Electric fireplace inserts slip into existing fireplaces and cost about $120-$2,275, depending on style and size and whether they are plugged in or hardwired by a licensed electrical contractor. There are two key factors that we need to look at when identifying the running costs of your fire, the fuel you will use and the fireplace efficiency rating of … Electric Fireplaces are Green and Planet Friendly. As the cost of wood goes up and forests around the world are condensing, this cost can begin to add up. 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. The more you use your heater the more it will cost, which is pretty clear. Gas dryers are more cost-efficient than electric dryers; however, the initial cost for a gas dryer is often higher, including the cost of the dryer. Electric Fireplace with Multi Color Flames – 60 Options! If you want to understand the, are generally considered to be a green product and much better for the planet than a, . If you use a lower heat setting, the cost per hour can drop by several cents, and if you only use the LED-backlit fire display and not the actual heater, the cost is often less than one cent per hour. The bottom line? So, enjoying a fire for an entire evening can cost as little as $2. The higher the number, the more capable the heater is at proficient warming that room. The only other cost to consider, beyond the initial purchase and installation, is the price of propane or LP gas. Bread® loans are made by Cross River Bank, a New Jersey Chartered Bank, Member FDIC. Next we need to check our utility bill to see the kWh rate that we are charged in our area. How much does it cost to run an electric fireplace? Based on the national average kilowatt-hour (kWh) rate of 12 cents, a 1,500-watt electric fireplace will cost around 18 cents per hour with all settings at maximum. Explore Our Energy Efficient Electric Fireplaces. When installing a traditional combustion fireplace like a gas or a wood burner there are expensive installation costs involved with these types of fireplaces. Many people assume that electric fires cost a lot to run. By using your home’s heating system as your primary heat source, and by keeping it at a low setting, you are saving money on electricity. On average, electric heaters cost 8-23 cents per hour. This will greatly cut your monthly. The cost, of course, will depend on the utility rates in your area, the type of electric fireplace or stove that you get and, of course, your own power usage. (This is fairly standard, as most units are designed to use only about 1,500 watts and put out 5,000 BTUs.) Is it expensive to run an electric fireplace? While this is true, it is worth bearing in mind that modern electric fireplaces are 100% efficient and have a low installation cost. These gases are not safe for humans to breathe and are not good for the planet. 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. According to ElectricFireplacesDirect.com, even though electric fireplaces produce less heat per unit, virtually no heat is lost up the chimney – making the warmth that they do produce, more usable and efficient. Electric log sets [ 1 ] can be installed into the existing fireplace at $35-$500, depending on size, style and whether the unit is plug-in ready or needs to be hard wired. For larger spaces, anywhere around 16 to 20 square meters, the cost will be at around 60 cents per hour. And whether or not you think you will want to use the fireplace in the “no heat mode”. How Much Does It Cost to Run an Electric Fireplace? Need a fireplace taken out? Here is a simple way to figure out the math: Let’s take, for example, the Paramount electric fireplace insert, which operates at 1500 watts and produces 5,112 BTUs. The MagikFlame fireplace uses a 1500 watt heater which is standard. If we plan to use the electric fireplace 5 hours per day, we multiply 1,500 x 5. So if the wattage is 1500, sample utility rate is 8 cents per hour (again, this will depend on your area) and you plan to use your electric fireplace for 5 hours every day, then your daily consumption is $6 per day (5 hours x 1500 watts x 0.08 cents). To compare, electric heaters will cost an average of 8-12 cents per hour to produce heat, making the average about $25 a year. An electric fireplace on the other hand uses just electricity that can be created from renewable sources, and is much less to operate than a traditional fireplace, because no fuel source is actually burned and consumed and LED lights cost almost nothing to run. The annual maintenance fees are not insignificant and should be factored into the cost of operating a. on the other hand are very economical to run as they do not require annual chimney sweeps. room. The amount of heat output from your fireplace is rated in BTUs. It can heat up to 400 square feet (units with hight BTUs typically heat a greater amount of space but will also cost more to run). The more that you use your wood burning fireplace the more that it will cost you to operate, because you will be using more wood for fuel. When comparing the cost to run an electric fireplace versus a traditional gas or wood-burning fireplace it does cost much less to run. Gas Fireplace Cost. Dimplex Electric Fireplace Media Console Review. Electric fireplaces are a fantastic consideration for those looking for a hassle-free fireplace experience with little to no maintenance, and annual expenses related to cleaning and maintenance. This will let you know exactly what it will cost to run your fireplace. Typical Electricity Usage. Electric fireplaces are generally considered to be a green product and much better for the planet than a wood burning or gas fireplace. Cost To Run Gas & Electric Fireplaces The average cost to run a natural gas fireplace is $0.70 per hour, or about $60 per year, while propane costs $2.30 per hour. The more heat that’s put out the more it will cost. This only costs pennies per hour to operate. Almost all the electricity it uses is directly converted into heat.

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