If you have knowledge of the cost of your cooking appliances, you will be able to plan your usage more efficiently. One of the most important points is that the gas or electricity bill is always one of the biggest expenditures of the month. Nevertheless, you may already know how much it costs to buy an oven, but how much does it cost to run an oven, or for it to be left on overnight?
If you want to conserve your valuable money, you need to understand the cost of power usage by ensuring the right usage of the power. The amount of money you pay for operating an oven is explained in this article, so you will be able to see exactly how much you’re spending.
Cost Of Running An Oven
In reality, ovens come in different shapes and designs, and the power source may not be the same to run every type of them. Usually, you can differ the ovens according to their usage, like whether they are using gas or electricity as energy. Besides, there are other variants that use different ranges of power for cooking. Now, we’ll explain the cost of running the popular types of ovens below.
For Toaster Ovens
The toaster oven is used to make toast or bake a small amount of food. Though you can use this oven for cooking a wide variety of foods, you cannot use it to prepare heavy meals. Because of being such a light-powered oven, a toaster oven doesn’t use much power compared to other oven types. Not to mention, this oven is powered by electricity and can deliver the same amount of heat as other electric ovens.
Unlike other ovens, a toaster oven uses less electricity for the same period. It happens due to the design of the oven. Since the size of the oven is small, the machine requires low power to activate the baking process. Specifically, the toaster oven uses 0.33 kW for every hour of cooking. That means you need to spend 0.33 kW of electricity if you want to run this oven for one hour at the highest temperature of 350 degrees Fahrenheit.
Let’s assume you use the oven for 2 hours every day. So, the energy usage per day will be 0.33 x 2 kW or 0.66 kW. And, the monthly usage will be 0.66 x 30 kW or 19.8 kW. So, the monthly energy usage for a toaster oven is approximately 20 kWh. Now, you need to find the per unit electricity cost for your region to calculate the monthly cost. Assuming the cost per unit as $0.8, the monthly cost will be 0.8 x 20 dollars or $16. Here, if you look at the number, it’s not a hefty amount for a month.
For Gas Ovens
Gas ovens don’t use electricity for cooking foods. Therefore, the calculation here is different. In most cases, gas ovens support 350 degrees Fahrenheit as the highest cooking temperature. In that case, the average gas usage for a range is around 0.112 therm per hour. Typically, the gas oven is powered by the gas line or a manually bought gas cylinder. In case you are using cylinders for your oven, you need to spend entirely on a full gas cylinder at once.
However, you need to calculate the total gas usage to calculate the monthly cost. If you use the gas oven with the highest temperature for 2 hours a day, the gas usage will be 0.112 x 2 therm or 0.224 therms. And, the monthly usage will be 0.224 x 30 therms or 6.72 therms. Usually, the cost of gas is around 60 cents for every therm. So, the total monthly cost will be 6.72 x 0.60 dollars or $4.032. When you use the gas oven for three hours a day, the cost will rise up to $6-$7. Similarly, having an electric ignition along with the power setup will double the overall cost.
For Microwave Ovens
According to the power source, this oven is another type of electric oven that uses high energy to bake foods. And, most microwaves don’t support a specific temperature for cooking mode. Usually, the highest temperature is categorized here as “high” mode. This mode uses 1.44 kW for every hour of cooking. Since the microwave isn’t used for every cooking purpose, the average use of this oven as a home appliance is around one hour per day.
So, the monthly energy usage will be 1.44 x 30 kWh or 43.2 kWh. Assuming the per unit electricity cost is $0.8, the monthly cost is 43.2 x 0.08 dollars or $3.456. If you double the usage, the cost will be within the range of $7 to $8. Don’t forget that using lower modes can reduce electricity usage, increasing the cooking time.
For Standard Electric Ovens
Years ago, this type was the most used electric oven variant and was widely seen as a mandatory cooking appliance. However, the situation has changed now. People are moving from this type to other energy-saving electric oven types. Not to mention, the standard electric oven uses the highest power when compared with the different electric oven variants. Because this type consumes the power directly and cannot reduce the energy usage.
Normally, the standard electric oven also has the highest temperature setup of 350 degrees Fahrenheit. And, this oven consumes 2 kW per hour for cooking. According to the usage, the standard oven has the highest power kWh rate for an electric oven. If you use the oven for three hours a day with the highest temperature setting, the daily energy usage will be 2 x 3 kW or 6 kW. So, the monthly use will be 6 x 30 kW or 180 kW. Let per unit cost be $0.08 for every kWh, and the cost will be 180 x 0.08 dollars or $14.4.
For Electric Convection Ovens
We don’t need to mention that the electric convection oven is one of the most efficient types of electric oven. For this reason, you can assume that this oven consumes less power despite serving the same level of cooking experience as a standard electric oven. Unlike the other electric ovens, it has a temperature setting of up to 325 degrees Fahrenheit. Using this lower temperature, a convection oven can cook faster because of its convection fan feature. However, this electric oven uses 1.85 kW per hour to bake food.
If you use the convection oven for two hours a day, the electricity usage will be 1.85 x 2 kWh or 3.7 kWh. Therefore, the monthly usage will be 3.7 x 30 kWh or 111 kWh. Assuming the cost as $0.08 per kWh, the total monthly cost will be 111 x 0.08 dollars or 8.88 dollars. Here, you can manage your convection oven cooking within $10 for regular use.
Ultimately, the cost of running an oven varies due to the oven types and the specific power cost for your living area. Usually, the gas oven costs less than the electric oven. To calculate the monthly cost, you need to identify your oven’s per-hour power consumption. Then, multiply it by the number of hours as well as 30 to find the monthly usage. Finally, multiply the monthly usage with the local per unit rate for your region to get the exact amount of expenditure.