How much does it cost to run an oil-filled radiator? And how to save money when using one

If increasing energy bills have got you questioning how much it costs to run an oil-filled radiator to save money and stay warm, we’ve got all of the facts and figures you need to understand this nifty heating appliance.

The energy price cap is rising in the new year, so it's a smart idea to work out now how to save energy at home and stay warm as the temperatures start to drop. If you’re one of the many homeowners in the UK trying to keep their boiler working to a minimum, you might be torn between the best electric heaters or a portable oil-filled radiator that can be moved from room to room. 

To help you make an informed decision we’ve worked out how much you can expect to spend per hour to run an oil-filled radiator – as well as ways you can reduce your energy bills when using this appliance.

How much does it cost to run an oil-filled radiator?

If you’re looking to find the cheapest electric heater to run, you should definitely consider an oil-filled radiator. But if you want to know exactly how much it costs to run an oil-filled radiator, you need to do some sums. 

In fact, to work out how much an appliance costs to run, you first need to work out how much electricity it uses. To do this, you should inspect the specifications of the oil-filled radiator you’re looking to buy and find the wattage. You can then divide the wattage by 1,000 to calculate the amount of energy it uses per hour in kilowatt-hours.  

You also need to know how much you pay for 1kw of energy, which should be outlined on your energy bill. At the time of writing, however, the current energy price cap stands at 29p per kWh.

Of course, the overall price per hour will depend on the specific oil-filled radiator that you buy. Nicholas Auckland, heating expert at Trade Radiators, explains, ‘The units can vary in size from 500 -2500 Kw, so at current rates, you're looking at running costs being approximately 15p - 73p an hour.’

Of course, there are other factors to consider when working out how much it costs to run an oil-filled radiator. If you have poor insulation or want to heat a large room with this one appliance, it’s likely that you’ll have to keep the heater on for much longer - which will obviously increase the price. 

However, one major benefit of an oil-based radiator is the oil inside. Jess Steele, heating and technology expert at BestHeating, says, ‘The oil inside retains heat very well, allowing the radiator to continue emitting warmth even after it’s turned off which means it can effectively maintain a comfortable temperature without consuming excessive energy.’

This means that you’ll get always get a little bit of extra warmth for free. 

Nicholas Auckland

Nicholas Auckland is a heating and energy expert with over 10 years of experience in the industry, as well as the Managing Director of Trade Radiators. Nicholas is dedicated to finding the best heating solutions for every need, as well as optimising energy usage, reducing costs and helping others live with lower costing energy bills. Nicholas has become a trusted leader in the industry, frequently collaborating with the media and other partners to assist with cost of living issues and other home-related problems.

What energy-saving features should I look for when buying an oil-filled radiator?

If you’re shopping for an oil-filled radiator but want to ensure it’s as energy-efficient as possible, there are some key features you can look out for:

1. Heating controls

There are many different oil-filled radiators out there, all with different controls. At the cheaper end of the spectrum, you have radiators that come with a simple on/off switch. However, there are others that offer a range of buttons and programs, including timers and temperature gauges. 

Nicholas says, ‘Electric oil-filled radiators may also offer programmable heating controls that give you the flexibility to create a heating routine tailored to your needs. This ensures you are achieving an optimal temperature when it is needed and preventing heat being wasted in unused space, which can happen when turning on the central heating for the entire home.’

2. Portability

One of the major benefits of an oil-filled radiator is that it’s portable. This means that, instead of putting the heating on to heat your whole house, you can focus your attention on heating the room that you’re in - for example, to heat your office if you want to keep you warm while you’re working from home. 

But while some oil-filled radiators stand on static feet, it’s best to opt for a radiator on castor wheels to ensure you can easily move it from room to room and use it as intended. Either that or make sure it has a carrying handle. 

3. The design

You might assume that the larger the oil-filled radiator, the higher the wattage. However, that’s not always the case. An oil-filled radiator works by pushing thermal fluid into every nook and cranny of the appliance and warming up the ambient air around it. That’s why opting for a larger radiator with a larger surface area (often divided into fins) will always be more efficient. And while this isn’t necessarily an energy-saving tip, it is something to look out for if you want to ensure that you’re getting the most amount of heat from the appliance. 

How can I cut the cost of an oil-filled radiator?

While it’s fairly cheap to run an oil-filled radiator, we understand that many people still worry about rising energy bills. So, it’s worth looking at ways to cut the costs of running this appliance. 

1. Choose the right size

If you want to heat a larger room, you need to choose an oil-filled radiator that has a higher wattage. It’s generally considered that a 600W radiator will successfully heat a small 6m2 room, a 1000W will heat a 10m2 room, and a 2500W will heat a 25m2 room. So, you should buy a radiator that suits the rooms you’re trying to heat. If you don’t choose the right size, you’ll have to keep your oil-filled radiator on for longer to warm your room - and this will ultimately cost you more in the long run. 

2. Choose the right location

It may sound counterintuitive, but placing an oil-based radiator in the chilliest areas of your room is the best way to get the most out of your appliance. They’re best placed underneath windows or near doors, as they help to increase and stabilise the ambient temperature. In fact, their sole purpose is to warm up the cold air and draughts that ultimately make you feel chilly. 

3. Keep things stable

Of course, we understand that this isn’t always possible, but one of the best ways to cut the costs of an oil-filled radiator is to keep the temperature as stable as possible in your house. If the temperature drops too low, your appliance will have to work extra hard to warm up the room again - which will cost you more money in the long run. This doesn’t mean that you have to keep the heating on, though, as there are so many other ways to keep your home warm in winter. 

Now you know how much it costs to run an oil-filled radiator, will you be using one to heat your home this winter?