Far Infrared Heaters are the most efficient of all the space heater options and consume the lowest wattage, making them the cheapest to run. Far Infrared is radiant
Heat pump running cost
Running a heat pump costs an average of $40 to $160 per month, making it the cheapest option for areas that don't have access to natural gas. Depending on your regional utility rates, an electric heat pump costs $0.20 to $0.50 per hour to run.
If you want to save money on your heating costs, then an infrared heater is the best type of heater to choose. An infrared heater will use less electricity than any other type of heater, and so it will be cheaper to run. Not only that, but an infrared heater will also provide you with a more efficient form of heat.
Far Infrared Heaters are the most efficient of all the space heater options and consume the lowest wattage, making them the cheapest to run. Far Infrared is radiant heating and is most easily absorbed by people's skin. In fact, all objects, including us emit and absorb infrared.
Ceramic heaters are a popular choice amongst homeowners as they are extremely efficient conductors of heat. This means that the heater heats up quickly and uses less energy. Ceramic heaters are also useful in providing a lot of heat for small areas, as well as being excellent at storing heat.
Example (you can use an electric heater running cost calculator below for different wattages/kWh prices): If we assume the price of electricity is $0.1319 per kWh, a 1,500-watt electric space heater will cost; $0.20 to run per hour. $4.80 to run per 24 hours (day). $11.20 to run per week (8h/day).
Ceramic and convector heaters take a little longer to get up to temperature but can heat larger spaces and most often have an adjustable thermostat to help you manage costs. Wall panel heaters also fall under this umbrella. Their low wattage means they use less energy, but they also take longer to warm a room.
Oil filled radiators are more economical to run because they retain heatlonger and power demand through the temperature control is called upon less frequently. Electric heaters heat only the room you are in and not the entire house, providing extra heat only where required and helping to optimise energy consumption.
Halogen Heaters
This type of heat is ideal if you need to quickly warm up an area but won't be as effective in heating an entire room evenly. Halogen heaters are among the most cost-effective electric heater options, with a typical power output of 1200W.
As gas is generally cheaper than electricity – and modern gas boilers are more energy-efficient than their older counterparts – gas central heating systems are often the most cost-effective solution for heating your home.
Thousands of people have tested this Warmool heater and given it a rating of 4.87 out of 5.0. It is a small, efficient heater that heats up personal spaces and is simple to use. It keeps your room warm, making it a very comfortable place to stay.
Oil filled radiators work in a very energy efficient manner, so can be considered cheap to run in comparison with many alternative designer radiator styles.
Based on our comparisons, thermostatic tube heaters stand out as the most economical options. A tube heater is indeed the cheapest electric heater to run during winter, thanks to its low operational costs.
Choosing a low-energy consumption heating system for your home. Here are some of the most commonly used low-consumption heating systems today: heat pumps, both geothermal and air source; pellet stoves and boilers; low-consumption electric radiators; and condensing boilers.
If you use a space heater in your home, please be aware that using a space heater can cause a significant increase in your monthly bill. A 1,000-watt space heater operating 12 hours a day will add about $40 to your monthly bill. If the cost does not deter you, remember how important it is to use space heaters safely.
What space heater is the cheapest to run? Generally speaking, infrared heaters tend to be more cost-effective than convection models due to radiant heat technology, and how they warm up objects directly.
In other words, a 1,500-watt heater will be great for a 250-square-foot room with central heat. If that same room had no other source of heat, you'd need a 2,000-watt heater.
The Energy Saving Trust has shared that, “Gas is still a cheaper fuel than standard rate electricity, so if you have gas central heating it is generally advisable to use this over individual electric heaters.” Currently, one kWh of gas costs 5.41p.
Reverse cycle split system air conditioners (A.K.A heat pumps) – the most energy efficient electric heater. 5 and 6 star reverse cycle units can be even cheaper to run than gas heaters, producing just one-fifth of the greenhouse gas emissions that a standard electric heater creates.
On average, small fan heaters are less expensive to buy, but can have higher running costs. Oil column heaters will be the cheapest on the market to run (on average) – but only by a narrow margin ahead of convection heaters (like panel and micathermic panels).