Comparing cost of oil and electricity for heat

[SailinAway]

Originally Posted by thinkxingu

If the space you're heating with the 1,500 watt heater is much smaller than what you would have to heat with oil AND it's a well-insulated space AND it's for a finite period of time, then I would say yes, it would save the money. If, however, you have a leaky space or door open and will run it for a while, no, it would not be a savings. I would add that what you're probably saving, unless you have an incredibly drafty or large area beyond the one room, is negligible given a difference of a degree or two, especially if you open the door to go to the bathroom or have the slightest gap under the door, etc.

That makes total sense, thank you. I think what I'm saving could work out to a full tank of gas for my car each month, so it's worth it.