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

Heating · New Jersey

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

The short answer

A typical 1,500W oil-filled radiator costs about $0.26 per hour to run in New Jersey, or $64.37 a month at 8 hours a day.

The estimate uses New Jersey’s average residential electricity price of 25.2¢/kWh from EIA (July 2026) — 38% above the national average.

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

Oil-Filled Radiator cost by daily use in New Jersey

Cost at 25.2¢/kWh, the New Jersey average (EIA, Jul 2026)
Daily usekWh/monthPer dayPer monthPer year
1 hour/day 31.9 $0.26 $8.05 $96.54
2 hours/day 63.9 $0.53 $16.09 $193
4 hours/day 127.8 $1.06 $32.18 $386
8 hours/day 255.5 $2.12 $64.37 $772
12 hours/day 383.3 $3.17 $96.55 $1,158
24 hours/day 766.6 $6.35 $193 $2,317

New Jersey vs other states

At typical use, an oil-filled radiator costs $772 a year in New Jersey — $699 less than in Hawaii and $382 more than in Louisiana.

New Jersey has the 10th-most-expensive residential electricity of the 50 states and DC. New Jersey electricity rates · all states ranked

Electricity price trend in New Jersey

25.2¢/kWh in July 2026 — ▼ −0.5% 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.

Questions

Frequently asked questions

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

Running a 1,500W oil-filled radiator for 24 hours uses about 25.2 kWh, which costs about $6.35 at New Jersey’s average rate of 25.2¢/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 New Jersey that costs $64.37.

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

New Jersey has the 10th-most-expensive residential electricity of the 50 states and DC at 25.2¢/kWh — one of the most expensive. Running an oil-filled radiator here costs about $772 a year at typical use, compared with $561 at the national average rate.

What is the electricity rate in New Jersey right now?

The average residential electricity rate in New Jersey was 25.2¢ per kWh in July 2026, according to the latest EIA data — down 0.5% 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