Powerbill/Appliance costs

What does a plug-in oil column heater cost to run?

In New Zealand, a typical plug-in oil column heater running at its typical daily hours costs around $119/month at the current national average rate of 40.6c/kWh.

Monthly cost
$119
national average
Annual cost
$1423
12 months at current rate
Cost per hour of use
$0.97
nameplate wattage × rate
Cost by regionMBIE Feb 2026
RegionRateMonthly
Queenstown40.3c/kWh$118
Dunedin39.6c/kWh$116
Christchurch36.6c/kWh$107
Cheaper alternative

Could swap for a modern heat pump

a modern heat pump uses about 38% of the energy, cutting the monthly bill to roughly $45. Over a year, that's $882 back in your pocket. Installed cost for a typical 2.5 kW split system in NZ is around $2,500-$3,500.

See this in the full calculator

Frequently asked

How much does a plug-in oil column heater cost to run in NZ?

At the national average electricity rate of 40.6c/kWh, a typical plug-in oil column heater costs about $119 per month, or $1423 per year. Actual costs vary by region and how heavily you use it.

Which NZ region has the cheapest plug-in oil column heater running cost?

Of the five centres shown on this page, Christchurch is the cheapest at $107/month, and Queenstown is the most expensive at $118/month. The 30% spread reflects regional MBIE retail rates.

Is there a cheaper alternative to a plug-in oil column heater?

Yes - swapping to a modern heat pump would use about 38% of the energy, saving roughly $882 per year. Installed cost for a typical 2.5 kW split system in NZ is around $2,500-$3,500.

Any tips for reducing this cost?

Replacing this with a heat pump could cut heating costs by 60-70%

Wattages and usage defaults from Consumer NZ, EECA Genless and Frugal Kiwi. Regional pricing from the MBIE Quarterly Survey of Domestic Electricity Prices, last updated 2026-02-15.