A space heater's daily cost equals its kilowatts times hours run times your rate. A 1,500-watt heater running 8 hours a day uses 12 kWh. At $0.17/kWh that is $2.04 a day, about $61 a month and $745 a year if run every day. The calculator above gives your exact figures once you enter your own rate.
Electric space heaters feel cheap to buy but are expensive to run, because they draw a lot of power — typically 750 to 1,500 watts — and often run for hours. At the maximum 1,500-watt setting a heater uses 1.5 kWh every hour, so cost adds up fast. Since you enter your own electricity rate, this tool shows what heating really costs on your utility, which is essential for deciding whether a space heater or your central system is the cheaper choice.