How Much Does It Cost To Run A Space Heater All Day. 1500 watts x 8 hours = 12000. Remember, if you do decide to run your electric space heater, running it as little as possible is the best way to save money.
1500 watt space heater cost per hour. If you have a heat pump and use it a lot, you may run it somewhere between 10 and 15 hours a day. Because running a space heater overnight is not recommended for safety reasons, we will use an example of using your heater for eight hours a day.
This means for each hour the space heater is running it consumes 1.5 kwh of electricity, which costs about 16 cents.
If your electricity costs 10 cents an hour, that could cost you $15 to. Remember, if you do decide to run your electric space heater, running it as little as possible is the best way to save money. But it’s important to remember that these costs can quickly add up. So, if you have a 500w unit, that’s 1/2 (or 0.5) of a kilowatt.