Heater type cost

Oil-filled radiator running cost

Oil-filled radiators are still direct electric heaters, but their slower, steadier feel can change how people use them.

Quick answer

A 1.5kW oil-filled radiator costs about 37p per hour at full power using 24.67p/kWh electricity.

Last reviewed: 2026-05-12 UK-focused estimate Uses current Ofgem benchmark rate

The practical answer

The cost advantage usually comes from thermostat cycling and comfort pattern, not from a different price per kWh.

£0.371.5kW per hour
£1.855 hours at full power
£55.5130 days at 5h/day

Current rate used: 24.67p/kWh electricity, 5.74p/kWh gas, based on Ofgem price cap, 1 April to 30 June 2026 for Direct Debit customers. Your actual tariff can differ by supplier, region, payment method and meter type.

Running cost table

The full-power column is the clean benchmark. The 65% column is a more realistic starting point for a thermostat-controlled heater in a warmed-up room.

Electric heating examples at 24.67p/kWh
Heater size Cost per hour 5 hours 7 days at 5h/day 30 days at 5h/day 30 days at 65% average output
500W £0.12 £0.62 £4.32 £18.50 £12.03
1kW £0.25 £1.23 £8.63 £37.01 £24.05
1.5kW £0.37 £1.85 £12.95 £55.51 £36.08
2kW £0.49 £2.47 £17.27 £74.01 £48.11
2.5kW £0.62 £3.08 £21.59 £92.51 £60.13

Formula used

(watts / 1000) x hours x electricity price per kWh

For this page's 1.5kW example, 5 hours at full output costs £1.85. Used the same way for 30 days, it costs £55.51; at 65% average output it is closer to £36.08.

How to use the result

  • Use your own tariff if it differs from 24.67p/kWh.
  • For thermostat-controlled heaters, compare full power with a lower average-output scenario.
  • If the cost looks high, check room size and insulation before assuming a different heater type solves it.

Frequently asked questions

Short answers to the questions this page is built to solve.

Is an oil-filled radiator cheaper than a fan heater?

At the same wattage and runtime, no. It may feel more economical if the thermostat cycles down and the room holds heat well.

Does the oil inside reduce electricity use?

The oil stores and releases heat, but the electricity used still depends on wattage, runtime and thermostat behaviour.