Is Running an Electric Fireplace Really Expensive?

Emily Jul 26, 2026

Electric fireplaces are a cozy and ecologically friendly addition to any home. As we become more mindful of our energy consumption and environmental impact, many homeowners are considering switching from traditional wood-burning or gas fireplaces to electric ones. But one question remains on everyone's mind: Is it expensive to run an electric fireplace?

Are Electric fireplaces expensive to run?
Are Electric fireplaces expensive to run?

Before delving into the running costs, let's briefly discuss the upfront expenses. The initial cost of an electric fireplace can range from a few hundred dollars to several thousand, depending on the type, size, and features. However, they tend to be cheaper than their wood-burning or gas counterparts. Now, let's explore the ongoing costs and whether it's indeed expensive to run an electric fireplace.

How much does it cost to run an electric fireplace?
How much does it cost to run an electric fireplace?

Electricity Consumption and Costs

Electric fireplaces use electricity to heat the surrounding air and create a realistic flame effect. The amount of electricity consumed varies by model and setting but generally ranges from 1,200 to 1,500 watts for 15-amp units, and 3,000 to 4,000 watts for 20-amp units. Some high-end models even offer adjustable power settings to help you control energy usage.

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To estimate the running cost, we'll calculate the annual electricity consumption and the associated expense. According to the U.S. Energy Information Administration, the average residential electricity rate is about 13.31 cents per kWh (2020 data). Assuming an average daily usage of 8 hours, here's a simple calculation for a 15-amp unit that consumes 1,400 watts (or 1.4 kW):

Electricity Consumption and Costs
Daily Usage (hours) Daily Consumption (kWh) Annual Consumption (kWh) Annual Cost ($)
8 11.2 4,087 543.70
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Wall Mount Electric Fireplace Ideas Before Buying Or Installing One

Note: This calculation is based on continuous usage at the given rate and power. The actual cost may vary based on usage patterns, local electricity rates, and the specific model's power consumption.

Running Cost Compared to Traditional Fireplaces

Running an electric fireplace is generally cheaper than its wood-burning alternative. According to the U.S. Department of Energy, the average annual operating costs for wood fireplaces can range from $150 to $250, based on the cost of wood and reduced heating efficiency. Comparatively, our estimated annual cost for running an electric fireplace is around $544, but this includes the electricity cost only, not the upfront investment.

Do electric fireplaces provide heat?
Do electric fireplaces provide heat?

On the other hand, gas fireplaces usually have higher running costs than electric ones. A gas fireplace can consume around 80,000 to 120,000 BTU per hour, with a typical gas rate of $1.65 per therm (100,000 BTU). Assuming an average of 90,000 BTU and 4 hours of daily usage, the annual gas consumption would be about 1,260 therms, leading to an annual cost of around $2,083.

Cost-Saving Features and Efficiency

Many electric fireplaces come with features that can help reduce running costs and enhance efficiency. For instance:

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Must-Know Electric Inset Fires for 2025 – Experts Reveal the Top Choices
  • Remote control and timers: These allow you to set and adjust the fireplace's operation without needing to manually turn it on or off, ensuring waste-free heat as per your preference.
  • Variable brightness and power settings: Some models offer adjustable flame intensity and lighting, providing options to tailor heat output and usage.
  • Zones and heat distribution: Electric fireplaces often circulate heat efficiently, warming up specific areas of the room instead of heating the entire house, which can lead to energy savings.

The Total Cost of Ownership

a fireplace with flames in it and the words bob villa says this is the most realistic electric fireplace of 2012
a fireplace with flames in it and the words bob villa says this is the most realistic electric fireplace of 2012
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the fire is burning and it says yes this is my electric fireplace
the fire is burning and it says yes this is my electric fireplace

When deciding whether it's expensive to run an electric fireplace, it's essential to consider the total cost of ownership, including the upfront investment, ongoing electricity costs, and potential maintenance fees. While electric fireplaces may require occasional bulb replacements and minor repairs, they generally have lower maintenance costs than wood or gas fireplaces.

Comparing the total cost of ownership between various fireplace types can help you make an informed decision. Despite having the highest upfront cost, gas fireplaces usually have the lowest running costs. Electric fireplaces offer a middle ground, with a moderate upfront investment and higher running costs. Wood-burning fireplaces, on the other hand, have the lowest upfront cost but significantly higher running costs and maintenance needs.

Moreover, some homeowners may qualify for tax incentives or rebates when installing energy-efficient electric fireplaces, further decreasing the overall cost. Be sure to research available programs in your area to maximize potential savings.

The popularity of electric fireplaces has grown, and with good reason: they provide a cost-effective and eco-friendly way to warm up your living space. While the upfront cost might seem high, it's essential to consider the long-term benefits, such as lower maintenance costs and potential energy savings. Staying cozy and reducing your carbon footprint doesn't have to break the bank; it's all about finding the right balance between initial investment and ongoing expenses.

So, is it expensive to run an electric fireplace? The short answer is: It depends. Compared to traditional wood and gas fireplaces, electric fireplaces generally offer lower upfront costs and lower maintenance expenses, with an average annual electricity cost of around $544. By choosing an energy-efficient model and taking advantage of cost-saving features, you can keep your heating expenses in check while enjoying the ambiance of a modern electric fireplace. Don't let concerns about running costs deter you from embracing this cozy and practical home upgrade.