Maybe IT is looking to switch to electric heaters as an economical way to stay warm without having to turn on the heater while the outside temperature plummets – but it could cost you.
Colder temperatures and rising costs mean many households are trying to stay warm without spending.
Rising wholesale gas prices are pushing household energy bills to record levels.
This means many families will be looking for other ways to stay cozy this winter.
But some solutions are more expensive than you think.
Previously, we looked at how much it costs to run an oil-filled radiator and how much it costs to run a wood-burning furnace.
Here we look at the operating costs of an electric heater.
An electric heater is a plug-in device that operates when current passes through a resistor and converts it into heat.
Mobile devices are generally inexpensive to buy and seem like an obvious solution to staying warm.
Since you can direct the heat directly at you and only warm the room you’re using, it seems likely that turning on the heating would be a cheaper alternative.
But in reality, the amount of energy these heaters use can make them an expensive way to stay warm.
Here’s the equation you use to work out your equipment costs:
Cost = electricity (kilowatts) x cost per kWh (pence) x duration (just a snack or more a week or month.)
How much to run an electric heater?
According to Uswitch, a plug-in electric heater uses about 3 kilowatt hours (kWh).
According to the Department of Business Energy and Industrial Strategy, the average electricity price in 2021 is 21.2p/kWh.
So to get the hourly cost to run an electric heater, we multiply 21.2p by 3, since that’s the kWh it uses.
That puts the running cost at 63.6p per hour.
If you turn it on for an evening while watching TV for four hours, it will cost you £2.54.
And if you do it every day for a week, that’s £17.78.
That adds up to £71.12 a month.
Operating costs are higher than in 2020 when typical electricity prices were 19.6p/kWh.
The hourly running cost at this rate is 58.8p, which shows it is now almost 5p more expensive to run an electric heater every hour and an extra £2.60 for a month.
The cost is not too different from the price of running an oil-filled radiator.
We’ve worked out that the oil cooler takes 42p an hour to run., or £1.68 for four hours.
According to calculations by the Stove Industry Alliance, a wood-burning stove could be a cheaper solution.
Or you can warm up under an electric blanket – we figured it only takes 0.8p to run one for 30 minutes.
We also revealed how use your thermostat to save £100 a year on bills.
Are you worried about your energy bills?
Many households are struggling with rising energy costs at the moment.
Energy regulator Ofgem raised the Energy Price Cap to £1,277 in October 2021, adding £139 to the average household bill.
The collapse of many small energy suppliers also did not improve the situation as suppliers struggled to cope with rising wholesale costs and the remaining suppliers continued to increase for customers.
If you’re worried about your energy bill, using alternatives like this is one way to keep costs down.
We also looked at 10 energy-saving gadgets that can cut a few cents off your bill.
Some government programs can also help if you qualify.
The Cold Weather Payment will set you back £25 off your bill if the temperature drops below a certain level.
Low-income households can get up to £140 off their electricity bill with the government’s warm home discount scheme.
We pay for your stories!
Do you have a story for The Sun Money team?
https://www.thesun.ie/money/7915734/cost-electric-heater-energy/ How much does it cost to use an electric fireplace for an evening?