The cost of using an electric fireplace varies from region to region, and from each particular model of electric fireplace you happen to be using. The cost of using an electric fireplace is, generally speaking, much safer–and also a much greener alternative–than using a standard fireplace or coal burning stove. Like all home purchases, it is recommended that you do as much research as possible before taking the plunge and buying the item in question.
The range of cost of LED fireplaces ranges from approximately $250 to upwards of $1,700. Although this upper range cost tends to make consumers balk a bit, take into consideration that installing a full fireplace can cost upwards of $3,000. It is this price discrepancy that usually causes consumers to think twice about purchasing a full fireplace, especially when an LED fire place is far more cost-effective and can provide the same results and emotional resonance that a wood burning fireplace can provide.
Even more than the cost-effectiveness of the initial purchase is the savings that owning an electric fireplace will pass onto you over time. Wood burning fireplaces and stoves are costly endeavors to maintain, for numerous reasons. If you happen to live in an urban area, the purchase of lumber for burning in your fireplace can force you to spend a lot of money. Fireplace starter logs alone can cost $13 for a pack, and that is on the low end of the spectrum. Cleaning and maintaining a fireplace can also be a costly proposition. A professional cleaning job of your chimney alone can cost between $30 and $100.
Conversely, an LED fireplace is incredibly cheaper. It produces no smoke or blatant air pollution, and it does not require any sort of physical interaction other than simply plugging it in and turning it on. Although the price of electricity varies from region to region, most generally, for every eight hours you use your electric fireplace, you will be paying less than $2 to the electric company. Think about the savings you could be passing onto yourself by using an electric fireplace, as opposed to a wood burning fireplace.
The cost of using an electric fireplace is ultimately much slimmer than that of a real fireplace and other antiquated alternatives. It is recommended that you purchase an LED fireplace for maximum savings and to create a safer and more sustainable home for you and your family.