Let's say you use a standard oven or range with a maximum power consumption of 4000 watts and an average wattage of 3000. If you run your oven for one hour at the average electricity rate of 15 cents per kilowatt-hour, the cost would be $0.45 (3 kW × $0.15).
Gas Oven at 350 degrees = somewhere between 10 and 23 cents/hour, depending on which estimations you use!
Key takeaways
On average, electric stoves use 1,000 to 3,000 watts of electricity. Ovens use 2,000 to 5,000 watts of electricity on average. Using a stove and oven for a combined 7 hours per week will use about 1,022 kilowatt-hours (kWh) of electricity per year.
Typically, electric ovens consume between 2.5 and 4.5 kWh per hour of cooking. If you use your oven regularly—say five times a week for an hour—this could result in a monthly usage of around 40-90 kWh. That would translate into roughly £12 to £27 per month in energy costs, depending on your electricity rate.
If your oven uses 2000 watts (2 kWh) and you use it for 30 minutes at a cost of £0.29 kWh, your calculation will be: 2 × 0.29 × 30 / 60 = £0.29 for 30 minutes. Always refer to your latest energy bill or contact your supplier for the most accurate and current pricing information.
If you have a 2100W (2.1 kW) washing machine and you run it for an hour, it'll use 2.1kWh of electricity in that hour. If electricity costs 34p per unit, multiply 2.1kWh by 34p and you get a grand total of 71p.
Generally, an air fryer is cheaper to use than the oven, but this is not always the case. An oven costs 21p to use on average and a 800W air fryer costs 4.9p to use. But if you own an air fryer that is a lot more powerful, you could be using near enough the same energy as an oven.
If you have electric heat, heating your home uses the most energy. This can account for more than 30% of your electricity consumption. And if you have air conditioning, this number rises even higher. All told, your efforts to stay comfortable can use between 40% and 50% of the electricity in your home.
Let's say you use a standard oven or range with a maximum power consumption of 4000 watts and an average wattage of 3000. If you run your oven for one hour at the average electricity rate of 15 cents per kilowatt-hour, the cost would be $0.45 (3 kW × $0.15).
In fact, aside from your fridge (which runs 24/7), your oven is likely responsible for the highest energy consumption out of all your kitchen appliances. Of course, that's because it takes a lot of power to bake those cookies or roast those vegetables.
How much electricity does a TV use? Generally, TVs use between 50 to 200 watts (W) of electricity, depending on the model. Most TVs use less than one amp and connect to a 120-volt outlet. Older TVs that use technology such as Plasma and CRT are much less efficient compared to newer LED and LCD TVs.
The average refrigerator runs on between 300 and 800 watts of electricity. On average, solar panels are rated at around 350 W, meaning you'll need between one and three panels to power most refrigerators. Remember, refrigerators sometimes use less energy than that.
The calculation is:0.97kW x 0.5 hours x £0.34/kWh = your pizza costs roughly 12p. These figures show the exact cost of using an electric oven will depend on how powerful it is and there's also the obvious factor of how often you use it. If you use it often, it will cost more, and if you use it less, it will cost less.
Calculating Your Electricity Consumption
So, for example, if your oven is rated at 1500 watts and is used for two hours a day, the calculation is 2 x 1500 watts. This gives you 3000 watt hours.
Air fryers offer advantages, particularly regarding energy efficiency and cost savings. For instance, a typical 4-quart air fryer uses 1,500 watts, almost half the power consumption of a regular full-size oven. An air fryer requires half the electricity, making it 50% more efficient than a full-size electric oven.
Electric ovens are basically just big resistors, so running them for a long time usually has no risk of functional damage. But there's still a risk if something that can catch fire is left inside or nearby.
Invest in a convection oven.
You'll use about 20 percent less energy each month using a convection oven, which has a fan that continuously circulates hot air through the oven space.
What costs the most on your electric bill? Heating and cooling are by far the greatest energy users in the home, making up around 40% of your electric bill. Other big users are washers, dryers, ovens, and stoves. Electronic devices like laptops and TVs are usually pretty cheap to run, but of course, it can all add up.
Unplugging appliances has the potential to save you money on expenses, and this practice can also increase the life of your belongings. The more items you have plugged in around the house, the more susceptible your devices are to damage through an unexpected power surge.
While air fryers are popular, the most expensive models can start to get a little pricey, which could undermine their status as a budget item. Taking to social media to share their opinions, many people have revealed that they reckon halogen ovens are the best option for frugal cooking.
So how much energy does an electric stove use per hour? Assuming you're priced at an electricity rate of 12¢ per kilowatt-hour (kWh), a 3000-watt oven will cost you about 36¢ per hour at high heat. As for the burners on the electric stove top, bigger burners draw more electricity.
In the air fryer, the potato took 35 minutes, using 0.55 kWh of electricity, costing 18.1p. So - allowing for small variations like how old your oven is, and how much energy it uses - cooking in an electric oven costs more than double what it costs to cook in an air fryer.