How Much Does It Cost to Run Electric Furnace?
An electric furnace's strip elements draw 10,000+ watts — the most expensive common way to heat a home, several times a heat pump's cost per degree. At the US-average rate of 16.5¢/kWh, running an electric furnace costs about $150.38/month ($1,804.56/year) at typical use. Adjust the watts, hours, and your rate below for your exact number.
Cost to run an electric furnace
$1,805/yr
- Per day
- $4.94
- Per month
- $150.38
- Energy per year
- 10,950 kWh
Cost = power (kW) × hours × days × your rate. Defaults are typical values — enter your appliance's actual watts (often on a label) and your real rate for a precise figure.
Cost to run an electric furnace by electricity rate
Same 10,000 W appliance, 3 h/day — the bill changes with where you live.
| Scenario | Rate | Per month | Per year |
|---|---|---|---|
| Cheapest states (North Dakota) | 11.5¢ | $105.03 | $1,260.35 |
| US average | 16.5¢ | $150.38 | $1,804.56 |
| Most expensive (Hawaii) | 42.9¢ | $391.10 | $4,693.17 |
Find your state's rate on the electricity rates by state page, or see the appliance wattage chart for more devices.
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