Are Electric Fireplaces Worth the Money?

Are Electric Fireplaces Worth the Money?

Developments in technology are continuously improving the standard of living. The impact can be witnessed in almost all aspects of life. For example, technology has made home appliances smarter. Smart technology is the need of the hour as we are running low on earth’s resources and trying to save the environment as well.

A good example of smart home appliances is the electric fireplace. The name seems fancy enough and if you have seen one, you would think that it is expensive. However, following, are the reasons why an electric fireplace is worth the money:

Cost to Operate

Even if you spend a hefty amount on buying the electric fireplace, you only have to spend 0.3 to 3 cents per hour without heat. If you are using the heat feature, the cost is only 16 cents per hour; even if the heat is on 100% of the time. In comparison, a gas fireplace is going to take almost 20 cents per hour depending on the use of BTUs.


All you need is a standard electrical outlet and installation is without venting. A gas fireplace, on the other hand, needs venting and should be on an outside wall with a gas line being must.


You can easily change the location of the electric fireplace as your need may change. On the other hand, the gas fireplace is fixed and similar could be said for wood counterpart.


The heat in both the gas and electric fireplace can be controlled by the thermostat. However, with a wooden fireplace, you need a constant resource to create fire. An electric fireplace does not need the heat to be on for the flame to stay unlike the gas counterpart.


The electric fireplace is energy efficient and cost effective. There is no risk of losing the heat through the venting as the case with gas fireplaces. A gas fireplace can lose 20% to 30% of the heat through the venting decreasing the efficiency.


The LED technology does not need any maintenance. These can be replaced every 2 to 3 years but sometimes may last longer than that, so you can save money. On the other hand, safety inspections are a must with gas fireplaces on an annual basis.


With an electric fireplace, there is no risk of exposure to carbon monoxide. Moreover, the glass and metal don’t get hot to touch.

Usage Period

An electric fireplace can be used all year long; you can switch off the heat according to your need. In comparison, the gas or wooden fireplace is only limited for use in the colder months.

The price may seem expensive to some but it will come as a surprise that an electric fireplace is less costly compared to a gas fireplace. You will only have to spend between $1400 to $3000 that is almost $2000 less expensive given the price ranges for gas fireplaces.

Considering these reasons, it seems reasonable to say that an electric fireplace does not only allow you to save money but worth what you spend.

If you want to find a perfect fireplace to match your style and needs, we can help you with that. Just give us a call or shoot us an email support@modernblaze.com.

Related Articles:

Shop Electric Fireplaces:

We share even more on Social Media:

Click Here to join our Design Community!

Modern Blaze Facebook Modern Blaze Pinterest Modern Blaze Instagram Modern Blaze Youtube Modern Blaze Twitter 

Leave a comment

Comments will be approved before showing up.

Also in Fireplace Shopping Guides

Ventless Gas Fireplaces: Complete Buying Guide
Ventless Gas Fireplaces: Complete Buying Guide

Ventless gas fireplaces are a great alternative to conventional wood-burning fireplaces. They don't require an external vent, so they are more energy-efficient than wood or vented gas fireplaces. Ventless gas fireplaces have many benefits that save you money and keep your home warm but homeowners wonder if they’re safe.

View full article →

Fireplaces For Apartments and Homes Without Chimneys
5 Types of Fireplaces For Apartments and Homes Without Chimneys

1 Comment

Modern ventless fireplaces are a perfect solution if you want to have a fireplace in your apartment or home without a chimney.

Vent-free fireplaces provide a convenient, low-cost alternative to traditional fireplace options. 

View full article →

3 Types of Electric Fireplaces to Install in a 2x4 Wall
3 Types of Electric Fireplaces to Install in a 2 x 4 Wall

This question is coming up a lot: "Can I install electric fireplace in a 2 x 4 wall?" Not all electric fireplaces can be installed in a 2 x 4 but there are 3 types that can be.

View full article →