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

Heating · New York

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

The short answer

A typical 1,500W oil-filled radiator costs about $0.31 per hour to run in New York, or $76.40 a month at 8 hours a day.

New York’s average residential rate was 29.9¢ per kWh in July 2026 (EIA), 63% above the US average.

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

Oil-Filled Radiator cost by daily use in New York

Cost at 29.9¢/kWh, the New York average (EIA, Jul 2026)
Daily usekWh/monthPer dayPer monthPer year
1 hour/day 31.9 $0.31 $9.55 $115
2 hours/day 63.9 $0.63 $19.10 $229
4 hours/day 127.8 $1.26 $38.20 $458
8 hours/day 255.5 $2.51 $76.40 $917
12 hours/day 383.3 $3.77 $115 $1,375
24 hours/day 766.6 $7.53 $229 $2,750

New York vs other states

At typical use, an oil-filled radiator costs $917 a year in New York — $555 less than in Hawaii and $527 more than in Louisiana.

New York has the 5th-most-expensive residential electricity of the 50 states and DC. New York price per kWh · all states ranked

Electricity price trend in New York

29.9¢/kWh in July 2026 — ▲ +14.0% 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 New York 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 New York?

Running a 1,500W oil-filled radiator for 24 hours uses about 25.2 kWh, which costs about $7.53 at New York’s average rate of 29.9¢/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 York that costs $76.40.

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

New York has the 5th-most-expensive residential electricity of the 50 states and DC at 29.9¢/kWh — one of the most expensive. Running an oil-filled radiator here costs about $917 a year at typical use, compared with $561 at the national average rate.

What is the electricity rate in New York right now?

The average residential electricity rate in New York was 29.9¢ per kWh in July 2026, according to the latest EIA data — up 14.0% 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