How economical are electric fireplaces?

Electric fireplaces are becoming more and more popular because of a number of advantages over more traditional fireplaces. One big area in which they excel is in energy efficiency. Spoiler Alert: Electric fireplaces are about 99% efficient, beating out all other fireplaces’ efficiency ratings.

Do electric fireplaces use a lot of electricity?

Do Electric Fireplaces Use a Lot of Electricity? Electric fireplaces use approximately the same amount of electricity as the average space heater. Since most fireplaces operate on a standard household outlet, they use 120 volts to power the internal heater and draw about 1,500 watts at 12.5 amps.

How much will an electric fireplace raise my electric bill?

The average electric fireplace uses nearly 1500 watts of power. If you use it just for ambience, then the cost can range anywhere from $0.003 to $0.03 per hour. However, if you use a heating unit as well, the costs will go up to around $0.09 per hour for a medium setting and $0.18 per hour for the maximum setting.

Are electric fireplaces cost effective?

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You may have guessed that the energy efficiency of electric fireplaces also makes them more cost-efficient. As far as fireplaces go, electric is the least expensive. One of the reasons why is because electric fireplaces provide supplemental zone heating.

Do electric fireplaces save money?

Do Fireplaces Actually Save on Heating Bills? The answer is while they can, they rarely do. Because only gas-insert and electric fireplaces are energy efficient, combined with the fact that homeowners need to use them strategically, most homeowners with fireplaces end up using more energy instead of less.

What is cheaper to run gas or electric fireplace?

Gas is typically cheaper than electricity. As we have already mentioned, gas fires also use less energy than an electric fire, too. So, they tend to be more economical to run. However, you should also bear in mind that gas fires require an annual safety inspection which also adds to the running costs.

Does electric fireplace increase home value?

While an electric fireplace may not increase the value of a property in the same way a gas fireplace can, a budget-conscious consumer can create a beautiful setting with a premium electric fireplace unit. This, in turn, can create a more desirable living space.

Are electric fireplaces more efficient than gas?

Although gas fireplaces produce more heat than electric fireplaces, an electric fireplace can provide enough heat for a several-hundred-square-foot area. Despite their increased heat production, if your primary concern is cost and energy efficiency, an electric fireplace is undoubtedly a better option.

Is it safe to run an electric fireplace all night?

Yes, it is okay to leave an electric fireplace insert on overnight but it’s best if you turn it off when possible. … Although electric fireplaces do not produce any carbon monoxide fumes, its best to turn your electric fireplace off when you leave the room for an extended period of time or plan on catching some zzz’s.

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Are electric fireplaces tacky?

Q – Are electric fireplaces tacky? A- Not anymore! … Modern electric fireplaces such as the Regency Skope series are specifically designed to suit any modern home and offer realistic 3-dimensional displays.

What is the most efficient electric fireplace?

The most energy efficient electric fireplace is the FESTIVO 40 in. Freestanding Electric Fireplace. A combination of wattage, heating area and Btu was used to identify the most energy efficient electric fireplace.

How long do electric fireplaces last?

Electric fireplaces can last for 10-20 years depending on how frequently they are used. Many manufacturers offer warranties ranging from 1 year to 10 years depending on the model.

What is the most efficient fireplace?

When it comes to efficiency, gas fireplaces have wood-burning fireplaces and pellet fireplaces beat. The use of gas is just much more efficient than than having to burn wood or pellets, not to mention that a gas fireplace doesn’t require electricity to run.