How much does it cost to run an electric furnace?

Short answer: An electric furnace drawing 15,000 watts costs about $2.75 per hour at the U.S. average residential price of 18.31¢ per kWh. Used 6 hours a day, 30 days a month, that is about $494.37 per month and $5,932 per year. In Louisiana, the cheapest state, the same use costs $343.44 a month; in Hawaii, the most expensive, $1,296.

Electric furnace cost calculator

Check the details

Hours per day the heating elements are on. In a cold month this can be 6 to 10; in mild weather, one or two.

Your cost
Per hour$2.75
Per day$16.48
Per month$494.37
Per year$5,932

Uses 2,700.0 kWh per month. The starting price is the U.S. residential average; choose your state or type the price from your own bill.

An electric furnace is the largest electrical load most homes will ever have. A typical unit draws 10,000 to 20,000 watts while its elements are on, which is ten times the power of a space heater, and in a cold month it can account for most of the bill.

Bar chart of the monthly cost to run an electric furnace at the U.S. average electricity price and in six states, from the cheapest to the most expensive
What an electric furnace costs per month at the U.S. average price and across the range of state prices, July 2026.

Cost by size and setting

Costs below use the U.S. average price and 6 hours a day, 30 days a month.

TypePowerPer hourPer month
10 kW, small home10,000 W$1.83$329.58
15 kW, average home15,000 W$2.75$494.37
20 kW, large home20,000 W$3.66$659.16

Why the numbers are so large

An electric furnace is a set of large resistance heating coils and a blower. Like a space heater, it turns each kilowatt-hour into one kilowatt-hour of heat; it simply does so on the scale of a whole house. Six hours a day at 15 kW is 90 kWh, roughly three times what an average U.S. home uses in a day for everything else.

Electric furnace or heat pump

A heat pump moves heat instead of making it, delivering two to three units of heat per unit of electricity. The U.S. Department of Energy says a heat pump can reduce electricity use for heating by up to 75 percent compared with electric resistance heating such as a furnace or baseboard heaters. For a home that heats with an electric furnace, replacing it with a heat pump is usually the single largest saving available.

How to lower the cost

How an electric furnace compares with other appliances

Typical power and use for each appliance, at the U.S. average price of 18.31¢ per kWh. Follow a link for that appliance's own calculator, or compare two side by side.

AppliancePowerTypical useEnergy per monthCost per month
Electric furnace15,000 W6 hours a day, 30 days a month2700.0 kWh$494.37
Heat pump3,000 W8 hours a day, 30 days a month720.0 kWh$131.83
Baseboard heater1,500 W8 hours a day, 30 days a month360.0 kWh$65.92
Space heater1,500 W8 hours a day, 30 days a month360.0 kWh$65.92
Central air conditioner3,500 W8 hours a day, 30 days a month840.0 kWh$153.80

The math behind the numbers

15,000 watts ÷ 1,000 = 15 kW. 15 kW × 6 hours = 90 kWh per day. 90 kWh × $0.1831 = $16.48 per day. Over 30 days that is 2700.0 kWh and $494.37 a month.

Your own figure will differ if your appliance has a different wattage, if you use it more or less, or if your price per kWh is not the national average. Change any of those in the calculator at the top of this page. Our step-by-step guide explains where to find each number.

Cost to run an electric furnace in every state

Based on 15,000 watts for 6 hours a day, 30 days a month, at each state's average residential electricity price for July 2026.

StatePrice per kWhPer hourPer monthPer year
Alabama16.40¢$2.46$442.80$5,314
Alaska28.83¢$4.32$778.41$9,341
Arizona15.38¢$2.31$415.26$4,983
Arkansas14.33¢$2.15$386.91$4,643
California33.61¢$5.04$907.47$10,890
Colorado17.00¢$2.55$459.00$5,508
Connecticut24.16¢$3.62$652.32$7,828
Delaware18.48¢$2.77$498.96$5,988
District of Columbia25.21¢$3.78$680.67$8,168
Florida15.03¢$2.25$405.81$4,870
Georgia16.27¢$2.44$439.29$5,271
Hawaii48.00¢$7.20$1,296$15,552
Idaho13.73¢$2.06$370.71$4,449
Illinois19.22¢$2.88$518.94$6,227
Indiana16.73¢$2.51$451.71$5,421
Iowa15.99¢$2.40$431.73$5,181
Kansas15.27¢$2.29$412.29$4,947
Kentucky13.81¢$2.07$372.87$4,474
Louisiana12.72¢$1.91$343.44$4,121
Maine32.41¢$4.86$875.07$10,501
Maryland21.41¢$3.21$578.07$6,937
Massachusetts30.49¢$4.57$823.23$9,879
Michigan23.05¢$3.46$622.35$7,468
Minnesota17.45¢$2.62$471.15$5,654
Mississippi14.54¢$2.18$392.58$4,711
Missouri16.09¢$2.41$434.43$5,213
Montana14.99¢$2.25$404.73$4,857
Nebraska13.78¢$2.07$372.06$4,465
Nevada12.77¢$1.92$344.79$4,137
New Hampshire26.60¢$3.99$718.20$8,618
New Jersey25.19¢$3.78$680.13$8,162
New Mexico16.09¢$2.41$434.43$5,213
New York29.90¢$4.49$807.30$9,688
North Carolina15.16¢$2.27$409.32$4,912
North Dakota13.41¢$2.01$362.07$4,345
Ohio19.45¢$2.92$525.15$6,302
Oklahoma14.35¢$2.15$387.45$4,649
Oregon15.97¢$2.40$431.19$5,174
Pennsylvania21.72¢$3.26$586.44$7,037
Rhode Island28.29¢$4.24$763.83$9,166
South Carolina15.47¢$2.32$417.69$5,012
South Dakota15.37¢$2.31$414.99$4,980
Tennessee13.71¢$2.06$370.17$4,442
Texas15.88¢$2.38$428.76$5,145
Utah13.12¢$1.97$354.24$4,251
Vermont23.75¢$3.56$641.25$7,695
Virginia17.55¢$2.63$473.85$5,686
Washington14.71¢$2.21$397.17$4,766
West Virginia15.78¢$2.37$426.06$5,113
Wisconsin19.06¢$2.86$514.62$6,175
Wyoming14.36¢$2.15$387.72$4,653

Frequently asked questions

How much does an electric furnace cost to run per month?

About $494.37 a month at 15 kW for 6 hours a day, at the U.S. average electricity price. Mild months cost far less; a very cold month can cost more.

How much does an electric furnace cost per hour?

About $2.75 for each hour the elements are on, for a 15 kW furnace.

Is an electric furnace cheaper than a heat pump?

No. A heat pump delivers two to three times as much heat for the same electricity.

Sources

Electricity prices are the EIA figures for July 2026. Wattages are typical values; check the label on your own appliance.

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