Posted on 10 07 2024

How Much Does Your Electric Heater Actually Cost You?

Winter is here, and keeping our homes warm is a top priority. People often opt for electric heaters because they are fairly cheap to purchase, but have you ever wondered how much that electric heater actually costs you?

While these heaters provide quick warmth, they can also lead to surprisingly high energy bills. Let's break down the costs and look at more efficient heating options, like heat pumps, which can be subsidised through the Warmer Kiwi Homes grant.

The True Cost of Your Electric Heater

Electric heaters are convenient, but they are one of the most expensive ways to heat your home. According to Consumer NZ, running a standard 2kW electric heater for five hours a day can add an average of $75 to your electricity bill each month!

When you think about the cost over the entire winter, it quickly becomes quite expensive.

Why Electric Heaters Are Costly

Electric Heaters, such as fans and spacers, can provide immediate warmth but lack the energy efficiency of other heating systems. This is because they convert electricity directly into heat.

Upgrade Your Heating and Save

Upgrading to a more efficient heating system could be easier and cheaper than you think. The Warmer Kiwi Homes grant is available to help cover the cost of insulation and efficient heating systems, including heat pumps. This grant covers 80 - 100% of the costs for eligible homeowners, making it a fantastic opportunity to invest in a better heating solution without the high upfront costs.

Benefits of Heat Pumps

Heat pumps are a far more energy-efficient and cost-effective alternative to electric heaters. Here's why:

  1. Energy Efficiency: Heat pumps use electricity to transfer heat rather than generate it, making them up to four times more efficient than electric heaters.
  2. Cost Savings: Due to their efficiency, heat pumps can significantly reduce your heating costs, saving you money in the long run.
  3. Dual Functionality: Heat pumps provide both heating in the winter and cooling in the summer, offering year-round comfort.
  4. Improved Air Quality: Heat pumps can help filter and dehumidify the air, creating a healthier home environment.

Book Your FREE Home Energy Assessment

At Greenside Energy Solutions, we're dedicated to helping you create a warm, dry, and healthy home. Contact us today for a FREE Home Energy Assessment. Our team will evaluate your home's insulation, heating, and ventilation needs and assist you with the Warmer Kiwi Homes grant application if you are eligible.

Don't let the high cost of electric heating drain your wallet this winter. With the support of Greenside Energy Solutions and the Warmer Kiwi Homes grant, you can enjoy a more efficient and affordable heating solution.

Get in touch with us today to schedule your free assessment and start your journey towards a cosier, more cost-effective home.

 

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As an Owner-Occupier You May Be Eligible for a Warmer Kiwi Homes Subsidy