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Furnace Cost Calculator

See what your gas, propane, oil or electric furnace costs to run per hour, day and month, and what it costs to run the furnace fan all the time.

How to use the Furnace Cost Calculator

  1. Choose your fuel and enter the furnace input from its label.
  2. Enter your fuel price and how many hours a day the burner runs.
  3. Read the cost per hour, day and month, and the cost of running the fan 24/7.

How the furnace cost is calculated

For gas, propane and oil: cost per hour = input BTU ÷ BTU per unit of fuel × price per unit. The calculator uses 100,000 BTU per therm of natural gas, about 91,500 BTU per gallon of propane and about 138,500 BTU per gallon of heating oil. For an electric furnace: kilowatts × price per kWh.

Multiply by the hours the burner runs each day. That figure is not the same as hours of heat. The burner cycles on and off, so a furnace that heats all day may run only 8 hours.

The default prices are examples. Replace them with the price on your latest bill or delivery receipt.

Ways to cut the bill

Frequently asked questions

How much does it cost to run a furnace per hour?

A gas furnace with an 80,000 BTU input burns 0.8 therms an hour. At $1.50 a therm that is about $1.20 an hour while the burner is on. Your price and furnace size change the answer.

How much does it cost to run a furnace fan all the time?

A 500 watt blower used 24 hours a day for 30 days uses 360 kWh. At 17 cents per kWh that is about $61 a month. A newer ECM motor at 150 watts costs about a third of that.

Does efficiency change the cost per hour?

Not the fuel burned per hour. An efficient furnace turns more of that fuel into heat, so it runs for fewer hours to warm the same house.

Where do I find the furnace input rating?

On the rating plate inside the furnace door. Look for Input in BTU per hour, or Output for the heat delivered. Electric furnaces list kilowatts.

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