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How Much Does It Cost to Run an 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.

How much electricity does an electric furnace use?

At 10,000 W for 3 hours a day, an electric furnace uses about 30 kWh per day — roughly 913 kWh per month and 10,950 kWh per year. That's about 106% of the 863 kWh the average US home uses in a month. Energy use is the same everywhere — only the price per kWh changes your bill.

Wondering about the circuit instead? See how many amps an electric furnace draws.

Cost to run an electric furnace by electricity rate

Same 10,000 W appliance, 3 h/day — the bill changes with where you live.

ScenarioRatePer monthPer year
Cheapest states (North Dakota)11.5¢$105.03$1,260.35
US average16.5¢$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.

Frequently asked questions

At the US-average residential rate of 16.5¢/kWh, an electric furnace drawing 10,000 watts for about 3 hours a day costs roughly $4.94 per day, $150.38 per month, and $1,804.56 per year. Your actual cost depends on your electricity rate and how much you use it, and the calculator on this page adjusts for both.

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