Electric Furnace in Chicago — $1,498/yr to Run (16.6¢/kWh)
Your electric furnace in Chicago costs about $125/month at 16.6¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Chicago, IL Electricity Rate
16.6¢/kWh
Utility: ComEd (Commonwealth Edison)
+28% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$9.98
60.0 kWh/day
Monthly Cost
$124.80
750 kWh/mo
Annual Cost
$1,498
9,000 kWh/yr
Lifetime (20yr)
$29,952
energy only
Monthly Cost Breakdown in Chicago
| Period | kWh | Chicago Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 60.0 | $9.98 | $7.80 | +$2.18 |
| Weekly | 420.0 | $69.89 | $54.60 | +$15.29 |
| Monthly | 750.0 | $124.80 | $97.50 | +$27.30 |
| Quarterly | 2250.0 | $374.40 | $292.50 | +$81.90 |
| Annual | 9000.0 | $1497.60 | $1170.00 | +$327.60 |
Customize Your Electric Furnace Cost
Adjust usage hours and electricity rate to calculate your exact cost in Chicago.
Daily
$9.98
Monthly
$124.80
Annual
$1,498
20-Year
$29,952
Energy Saving Tips for Electric Furnace in Chicago
- ✓Chicago electricity rates are 28% above the national average — energy efficiency matters more here.
- ✓A smart Electric Furnace with scheduling optimization can save ~$225/year at Chicago rates.
- ✓Consider switching to a heat pump
- ✓Insulate your home well
- ✓Use a smart thermostat
Highest-Cost Appliances in Chicago, IL
See which appliances cost the most to run at Chicago's 16.6¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$2,157/yr
$179.71/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$1,093/yr
$91.10/mo
EV Charger (Level 2)
Garage · 7,200W
$1,078/yr
$89.86/mo
Boiler (Electric)
HVAC · 6,000W
$899/yr
$74.88/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$820/yr
$68.33/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$820/yr
$68.33/mo
Heat Pump
HVAC · 2,400W
$639/yr
$53.25/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$599/yr
$49.92/mo
Electric Furnace Cost in Other Illinois Cities
| City | Rate | Annual Cost | vs Chicago |
|---|---|---|---|
| Chicago (current) | 16.6¢ | $1,498 | — |
| Aurora | 15.0¢ | $1,347 | $-150 |
| Joliet | 14.4¢ | $1,296 | $-202 |
| Naperville | 14.6¢ | $1,319 | $-179 |
| Rockford | 17.0¢ | $1,533 | +$35 |
| Elgin | 13.6¢ | $1,221 | $-276 |
| Springfield | 15.9¢ | $1,427 | $-70 |
| Peoria | 16.9¢ | $1,517 | +$19 |
| Waukegan | 14.3¢ | $1,288 | $-210 |
Electric Furnace Energy Cost FAQ — Chicago, IL
Understanding Electric Furnace Energy Costs in Chicago, IL
In a major metro like Chicago, electricity demand is high and rates reflect the cost of maintaining infrastructure for 2.7 million residents. Running a high-draw appliance like the Electric Furnace (10,000W) at Chicago's rate of 16.6¢/kWh costs approximately $1,498 per year — $328 more than the national average of $1,170.
Electricity in Chicago is significantly more expensive than the national average — 28% higher. For a Electric Furnace used 6 hours per day, this rate premium adds up to $328 in extra annual costs. Energy-efficient models and usage habits have an outsized impact in high-rate markets like this.
Chicago's cost of living index of 87 is below the national average, and electricity costs reflect that affordability. The Electric Furnace adds $124.80/month to a typical bill of $141. While no ENERGY STAR version is available, a smart Electric Furnace with automated scheduling can reduce consumption by 15%, saving $225/year.
Chicago's moderate climate (avg 45°F) helps keep seasonal energy cost swings manageable for most appliances. A Electric Furnace produces approximately 6.43 tons of CO2 annually at typical usage. Chicago residents can reduce this footprint by optimizing usage patterns, or investing in solar — see our solar savings calculator for Chicago.
Compare All Energy Costs in Chicago
See energy costs for 168+ household appliances at Chicago's local electricity rate.