U.S. residential electricity EIA data: July 2026 US average 18.3¢/kWh Updated

Heating · Iowa

How Much Does It Cost to Run an Oil-Filled Radiator in Iowa?

The short answer

In Iowa, an oil-filled radiator drawing 1,500W costs about $0.17 per hour — roughly $40.86 a month if it runs 8 hours a day.

That’s based on Iowa’s average residential rate of 16.0¢/kWh (EIA, July 2026), 13% below the US average.

Source: U.S. EIA, July 2026 data · Updated

Oil-Filled Radiator cost by daily use in Iowa

Cost at 16.0¢/kWh, the Iowa average (EIA, Jul 2026)
Daily usekWh/monthPer dayPer monthPer year
1 hour/day 31.9 $0.17 $5.11 $61.28
2 hours/day 63.9 $0.34 $10.21 $123
4 hours/day 127.8 $0.67 $20.43 $245
8 hours/day 255.5 $1.34 $40.86 $490
12 hours/day 383.3 $2.01 $61.29 $735
24 hours/day 766.6 $4.03 $123 $1,471

Iowa vs other states

At typical use, an oil-filled radiator costs $490 a year in Iowa — $981 less than in Hawaii and $100 more than in Louisiana.

Iowa has the 24th-cheapest residential electricity of the 50 states and DC. Iowa price per kWh · all states ranked

Electricity price trend in Iowa

16.0¢/kWh in July 2026 — ▲ +4.4% from a year earlier.

How to lower the cost of running an oil-filled radiator

An oil-filled radiator heats sealed-in oil, which then releases heat slowly through the fins. It is not more efficient than a fan heater — electricity to heat is still about 1:1 — but the stored heat means the thermostat switches the element off for longer stretches once the room is warm. We assume the element is on about 70% of the time, so a 1,500W radiator averages roughly 1.05 kWh per hour of use. Expect the real number to be higher in a cold, drafty room and lower in a well-insulated one.

  • Set the thermostat dial to the lowest comfortable setting and let the oil do the work.
  • Place it near the coldest wall or under a window, away from furniture that blocks the fins.
  • Switch to the lower power setting (600–900W) once the room is up to temperature.
  • Winters in Iowa are long, so heating appliances often run more hours here than the national default — adjust the hours above to match your home.

Questions

Frequently asked questions

How much does it cost to run an oil-filled radiator for 24 hours in Iowa?

Running a 1,500W oil-filled radiator for 24 hours uses about 25.2 kWh, which costs about $4.03 at Iowa’s average rate of 16.0¢/kWh.

How many kWh does an oil-filled radiator use per month?

At 8 hours a day, a typical oil-filled radiator uses about 256 kWh a month. In Iowa that costs $40.86.

Is it expensive to run an oil-filled radiator in Iowa?

Iowa has the 24th-cheapest residential electricity of the 50 states and DC at 16.0¢/kWh — close to the middle of the pack. Running an oil-filled radiator here costs about $490 a year at typical use, compared with $561 at the national average rate.

What is the electricity rate in Iowa right now?

The average residential electricity rate in Iowa was 16.0¢ per kWh in July 2026, according to the latest EIA data — up 4.4% from a year earlier.

Are oil-filled heaters cheaper to run than fan heaters?

Per watt, no — both convert electricity to heat at about 100%. In practice an oil-filled radiator often uses a little less because its thermostat cycles off for longer once the oil is hot.

Sources & method