CutYourElectric

Electric furnace vs. electric baseboard heater: running cost

An electric baseboard heater is cheaper to run: about $246 a year versus $1,971 for an electric furnace at typical use and 17.99¢/kWh, a $1,725 difference.

Electric furnaceElectric baseboard heater
Typical watts15,000 W1,500 W
Watt range10,000–25,000 W500–2,500 W
Typical use24 hours a day for 5 months a year12 hours a day for 5 months a year
Energy per year10,958 kWh1,370 kWh
Cost per hour54¢13¢
Cost per day$12.95$1.62
Cost per month$394$49.28
Cost per year$1,971$246
Per year in Hawaii (43.51¢)$4,768$596

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What drives the difference

Ways to cut either cost

Ductless mini split heat pump

Delivers 2-3 times more heat per kWh than resistance baseboards, cutting heating cost 50-65%.

See options on Amazon
Programmable line-voltage thermostat

Automates setbacks and holds temperature tighter than mechanical thermostats.

See options on Amazon
Central heat pump

Produces 2-3.5 kWh of heat per kWh used, cutting heating cost 50-70% versus an electric furnace.

See options on Amazon

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Frequently asked questions

Which costs more to run, an electric furnace or an electric baseboard heater?

At typical use and the U.S. average rate (17.99¢/kWh), an electric furnace costs about $1,971 a year versus $246 for an electric baseboard heater. That's $1,725 more, or 8.0× as much.

How many watts do electric furnace and electric baseboard heater use?

An electric furnace typically draws 15,000 W (range 10,000–25,000 W). An electric baseboard heater draws 1,500 W (range 500–2,500 W). Watts alone don't decide cost. Hours of use, cycling and standby matter just as much.

Rates: EIA, 12 months ending 2026-07. Methodology.