The useful answerAt a constant 1,500 W and $0.18/kWh, an electric heater costs $0.27 per hour. Four hours daily over 30 days would cost $32.40; thermostat cycling can change actual consumption.

Start with the operating setting

The wattage on a heater is an electrical input, not a fixed monthly cost. Your result depends on which setting is used, how long it draws that power and your electricity rate. A lower setting and a thermostat-controlled mode need their own assumptions.

For a constant-draw scenario, divide watts by 1,000 and multiply by operating hours. A 1,500 W heater draws 1.5 kW in this model. One hour uses 1.5 kWh. At an illustrative $0.18/kWh, the cost is $0.27. The calculation says nothing about whether that heater is suitable for a particular room.

Build a schedule you can afford

Daily use at 1,500 W30-day energyCost at $0.18/kWh
1 hour45 kWh$8.10
2 hours90 kWh$16.20
4 hours180 kWh$32.40

These rows assume uninterrupted draw during the selected hours. If the thermostat switches the element off part of the time, actual energy can be lower. Do not select a cycling percentage simply because it produces a preferred budget; use documented consumption or keep it clearly hypothetical.

Keep the safety conditions in the calculation

The CPSC advises keeping portable heaters at least three feet from combustible materials, plugging electric heaters directly into a wall outlet rather than an extension cord or power strip, and switching them off when sleeping. Follow the exact product manual and check for recalls.

Do not add a plug-in meter, timer or other intermediary that conflicts with those instructions. An assumed overnight schedule is not a recommendation to operate a heater while asleep. Stop using damaged equipment and obtain appropriate help with electrical problems.

Compare the whole heating decision

A room heater adds electricity use; it only reduces another heating cost if that other system’s consumption actually falls. If building heat is included in rent, running an additional electric heater may simply increase your own bill.

Record which room needs help and when. In a rental, report persistent heating problems to the owner or manager. Use the running cost calculator to explore a suitable schedule, but keep comfort, installation requirements and any existing heating charges alongside the answer.

See what changing the rate does to the same schedule

Hypothetical constant 1,500 W draw, 2 hours daily, 30 days
RateCost per hour30-day cost
$0.12/kWh$0.18$10.80
$0.18/kWh$0.27$16.20
$0.30/kWh$0.45$27.00

Every row uses 90 kWh. These are illustrative tariffs and uninterrupted-draw scenarios, not measured heater performance. Thermostat cycling can change the result. Calculate this two-hour daily scenario with your own rate.

Use only a schedule consistent with the CPSC guidance and product instructions, including switching off when sleeping. A budget worksheet does not establish safe installation or authorize an accessory.

Space heater operating-cost planner

Download the CSV and fill it in using a spreadsheet app. Blank fields are yours to complete; supplied numbers are labeled examples. Save your own copy after editing.

Download worksheet (CSV)

Choose your next step

Continue with the question that matches your next decision:

Sources & further reading

Numerical examples are illustrative unless explicitly described as measured. This guide does not claim hands-on product testing. Read the methodology and editorial disclosure.