Installed heating running costs
It is not possible to provide detailed information on running costs because there are so many variables to consider – what electricity tariff will be used, how long the heater will be on for, what setting the thermostat will be on, and so forth. All these factors need to be taken into account when working out the running cost of a heating system.
However, there is often confusion about the running costs of electric heating compared to other fuels; but for installed heating the real cost of the energy to heat the system is only part of the picture. The true cost to consider is the annual running cost – taking into account not only the fuel used but the hidden cost of maintaining the system.
It is also worth noting that within the electric heating industry, there have been considerable product developments in recent years and modern electric heating appliances offer advanced levels of control and economy. Look out for products with accurate thermostatic control and timers, which will help reduce running costs further.
There have also been significant increases in the price of fuel in recent years, and whilst electricity prices have gone up, the increases are not as significant as gas.
Calculating the running costs of installed heating
The actual annual running costs for an individual room/property will vary according to many factors such as lifestyle, insulation levels, weather conditions, correct sizing of heater, appliance selected and room temperature required.
As a rough guide only you can calculate the hourly running costs which equals the input of the appliance x length of running time (e.g. 1 hour) x kWh cost
So 1kWh = a 1kW appliance running for one hour