At the U.S. average price of 18.16¢ per kWh. Your state's price changes these numbers; use the calculator.
Work out your cost
Change any number. The price per kWh is on your electric bill.
Starts at the U.S. average residential price, 18.16¢/kWh (August 2026, EIA, checked Oct 24, 2026). Month is 30 days; year is 12 such months.
The formula
cost = watts × hours ÷ 1,000 × price per kWh
Worked example: 15,400 W × 4 h ÷ 1,000 = 61.6 kWh a day. 61.6 kWh × $0.1816 = $11.19 a day, or about $336 over 30 days.
How many watts does an electric furnace use?
Most are rated 10,400 to 20,400 W. The exact figure, in kW, is on the furnace's rating label.
- Nordyne's E2EB series specification sheet lists total input (heating elements plus blower) of 10.4 kW for the 10 kW model (35,000 BTU an hour), 15.4 kW for the 15 kW model (53,000 BTU an hour) and 20.4 kW for the 20 kW model (70,000 BTU an hour), on a 240 V circuit. The elements alone are 10.0, 15.0 and 20.0 kW, so the 1/3 HP blower accounts for the other 0.4 kW.
- Goodman's electric heat kits for air handlers are rated at 9.50 kW (10 kW kit), 14.25 to 15.00 kW (15 kW kit) and 19.00 to 19.60 kW (20 kW kit) at 240 V. On a 208 V supply, Goodman says to multiply heating capacity by 0.75, and Nordyne gives the same 0.75 factor for heat output.
- DOE describes electric furnaces as a blower moving air over three to seven resistance elements, each typically rated at 5 kW, that switch on in stages so the house wiring is not overloaded. A furnace that only needs one or two stages on a mild day draws less than its full rating.
- DOE says electric furnaces cost more to operate than other electric resistance heaters because of duct heat losses and the power needed to move air through the house.
Cost at different electricity prices
| Use | Nevada (lowest state)12.72¢/kWh | U.S. average18.16¢/kWh | New York28.65¢/kWh | California29.75¢/kWh | Hawaii (highest state)47.18¢/kWh |
|---|---|---|---|---|---|
| 10 kW furnace (10.4 kW with blower), mild day, 3 h of heating936 kWh a month | $119$1,429/yr | $170$2,040/yr | $268$3,218/yr | $278$3,342/yr | $442$5,299/yr |
| 15 kW furnace (15.4 kW), typical winter day, 4 h of heating1,848 kWh a month | $235$2,821/yr | $336$4,027/yr | $529$6,353/yr | $550$6,597/yr | $872$10,463/yr |
| 15 kW furnace (15.4 kW), cold week, 6 h of heating2,772 kWh a month | $353$4,231/yr | $503$6,041/yr | $794$9,530/yr | $825$9,896/yr | $1,308$15,694/yr |
| 20 kW furnace (20.4 kW), cold week, 8 h of heating4,896 kWh a month | $623$7,473/yr | $889$10,669/yr | $1,403$16,832/yr | $1,457$17,479/yr | $2,310$27,719/yr |
| 20 kW furnace (20.4 kW), deep freeze, 12 h of heating7,344 kWh a month | $934$11,210/yr | $1,334$16,004/yr | $2,104$25,249/yr | $2,185$26,218/yr | $3,465$41,579/yr |
Per month (30 days) and per year (12 such months). Real use is usually seasonal. Average residential prices for August 2026 from the same EIA table. Your utility's rate, including delivery charges, may differ. Check the price per kWh on your bill.
Ways to pay less
- Change the filter on schedule DOE recommends cleaning or replacing furnace filters once a month or as the maker recommends. A clogged filter cuts airflow, and DOE notes the furnace's limit control can shut it off when that happens, which shows up as a house that never quite warms up.
- Seal and insulate the ducts ENERGY STAR says about 20 to 30% of the air moving through a typical duct system is lost to leaks, holes and poor connections. Ducts in an attic, crawl space or garage are the first place to look. Use mastic or metal tape, not duct tape.
- Set the thermostat back at night DOE says turning the thermostat down 7 to 10°F for 8 hours a day can save as much as 10% a year on heating. An electric furnace has no compressor or backup stage to trigger, so a setback is safe. On the 15 kW example at 4 hours a day, 10% would be about $33.56 a month.
- Look at a heat pump for the same ducts DOE says a heat pump cuts heating electricity by about 50% compared with an electric furnace. Nordyne's E2EB furnaces accept a 2 to 4 ton heat pump coil, so the furnace elements can stay as backup heat for the coldest days.
- Seal air leaks in the house DOE estimates air sealing saves 10 to 20% on heating and cooling. Fewer drafts means fewer hours with the elements on.
Safety. An electric furnace needs its own 240 V circuit: Nordyne's sheet lists overcurrent protection from 60 A for the 10 kW model to 125 A for the 20 kW model on a single circuit, so wiring changes are a job for a licensed electrician. Keep the filter clean and the return grille clear, and if the furnace keeps cutting out, have it checked rather than resetting it again and again.
Questions
How much does it cost to run an electric furnace for an hour?
While the elements are on, about $1.89 an hour for a 10 kW furnace (10.4 kW with the blower), $2.80 for 15 kW and $3.70 for 20 kW, at 18.16¢/kWh (EIA, August 2026). When the thermostat is satisfied the elements switch off, so an hour of mild weather can cost a fraction of that.
How much does an electric furnace cost per month?
With the elements running 4 hours a day for 30 days: about $227 for 10 kW, $336 for 15 kW and $445 for 20 kW at the U.S. average price. At 8 hours a day the figures double to $453, $671 and $889. For the 15 kW furnace at 4 hours a day, the same month costs about $235 at Nevada's 12.72¢/kWh and about $872 at Hawaii's 47.18¢/kWh.
Why is my electric bill so high in winter with an electric furnace?
Because a furnace draws about 7 to 14 times what a 1,500 W space heater does. A 15 kW furnace running 4 hours a day uses 61.6 kWh a day, or 1,848 kWh over 30 days. EIA puts the average U.S. home at about 899 kWh a month for everything, so the furnace alone is about twice a typical bill's usage. Leaky ducts in unheated spaces push it higher.
Is an electric furnace or a heat pump cheaper to run?
A heat pump. DOE says it cuts heating electricity by about 50% compared with an electric furnace. For the 15 kW furnace at 4 hours a day, that is roughly $168 a month instead of $336 at 18.16¢/kWh. In very cold weather heat pumps lose capacity and lean on resistance backup, so the gap narrows.
How many kilowatts does an electric furnace use?
Common home sizes run from 10 to 23 kW. DOE says each element is typically rated at 5 kW, and they switch on in stages. Nordyne's E2EB line runs from 10.4 kW to 22.0 kW total including the blower, and Goodman's heat kits for air handlers top out at 25 kW.
Is a bitcoin heater cheaper than an electric furnace?
Per kWh of heat, yes, but only room by room. A heater miner turns its electricity into heat just as a furnace element does, and it earns bitcoin while it runs. At the October 28, 2026 hashprice, an 800 W Avalon Mini 3 earns back about 39% of its electricity at 18.16¢/kWh, so its heat costs the equivalent of about 11.02¢ per kWh against 18.16¢ from the furnace. It would take about 19 of them to match a 15 kW furnace, so one unit suits a single room with the central thermostat turned down. A heat pump at half the electricity works out to about 9.08¢ per kWh of heat. Mining income moves with the bitcoin price and network difficulty; our bitcoin heater page recalculates it daily.
Sources
- U.S. EIA: Electric Power Monthly, Table 5.6.A: Average price of electricity by state, August 2026 (released Oct 23, 2026). Used for: U.S. average residential rate (18.16¢/kWh) and state rates
- Nordyne: E2EB-xxx-HB series downflow, upflow electric furnaces, technical specifications. Used for: Total input 10.4 / 15.4 / 20.4 / 22.0 kW (elements plus blower) and 35,000 / 53,000 / 70,000 / 75,000 BTU/h; element kW; 0.75 output factor at 208 V; 2 to 4 ton heat pump option; 60 to 125 A overcurrent protection
- Goodman: HKR / HKA / HKP / HKS electric heat kits for air handlers, specification sheet (SS-GHKR). Used for: Heat kit ratings 9.50 kW (10), 14.25 to 15.00 kW (15), 19.00 to 19.60 kW (20), up to 25 kW; 0.75 correction at 208 V
- U.S. DOE Energy Saver: Electric resistance heating (archived copy, January 16, 2026; the energy.gov page now returns 404). Used for: Electric furnaces cost more to run than other resistance heat because of duct losses and blower power; elements typically 5 kW each, staged; limit control shuts off on blocked airflow; resistance heat converts all electricity to heat
- U.S. DOE: Energy Saver Guide (2022). Used for: Heat pumps cut heating electricity by about 50% vs electric furnaces; up to 10% a year from a 7 to 10°F setback for 8 hours a day; air sealing saves 10 to 20%; change furnace filters monthly or as recommended
- ENERGY STAR: Duct sealing. Used for: About 20 to 30% of air in a typical duct system is lost to leaks; seal with mastic or metal tape, not duct tape
- U.S. EIA: How much electricity does an American home use?. Used for: Average U.S. residential customer about 899 kWh a month
- WattCost: hashprice (mempool.space and CoinGecko), October 28, 2026, and Canaan Avalon Mini 3 specifications. Used for: Avalon Mini 3: 37.5 TH/s at 800 W; mining income at $36.55 per PH/s a day