How is the running cost calculated?

Watts ÷ 1,000 × the electricity rate gives cost per hour: $0.99 at 3,000 W on the NSW rate; the yearly figure uses 1 h/day, 312 days at 1 kWh per hour of use.

How much does it cost to run an electric oven? (2026–27)

At typical draw · official state tariffs

$0.82–$1.26 per hour at 3,000 W

Typical household use (1 h/day, 312 days at 1 kWh per hour of use) runs $86–$131 a year depending on your state's tariff.

Wattage basis: Standard built-in ovens rate 2,000–3,500 W (large 5,000 W); ~1.0 kWh per hour of actual cooking.

Electric oven running cost by state and model, at 1 h a day for 312 days a year (2026–27 reference usage rates)
State	Model	Per hour	Per day	Per month	Per year
New South Wales33.1c/kWh · Ausgrid	Efficient (2,000 W)	$0.66	$0.66	$20.15	$207
	Typical (3,000 W)	$0.99	$0.99	$30.22	$310
	High (5,000 W)	$1.66	$1.66	$50.37	$517
Victoria27.5c/kWh · Jemena	Efficient (2,000 W)	$0.55	$0.55	$16.70	$171
	Typical (3,000 W)	$0.82	$0.82	$25.05	$257
	High (5,000 W)	$1.37	$1.37	$41.75	$429
Queensland28.0c/kWh · Energex	Efficient (2,000 W)	$0.56	$0.56	$17.01	$175
	Typical (3,000 W)	$0.84	$0.84	$25.51	$262
	High (5,000 W)	$1.40	$1.40	$42.52	$436
South Australia41.9c/kWh · SA Power Networks	Efficient (2,000 W)	$0.84	$0.84	$25.48	$262
	Typical (3,000 W)	$1.26	$1.26	$38.22	$392
	High (5,000 W)	$2.10	$2.10	$63.70	$654
Western Australia33.3c/kWh · Western Power (SWIS)	Efficient (2,000 W)	$0.67	$0.67	$20.22	$208
	Typical (3,000 W)	$1.00	$1.00	$30.34	$311
	High (5,000 W)	$1.66	$1.66	$50.56	$519
Tasmania28.0c/kWh · TasNetworks	Efficient (2,000 W)	$0.56	$0.56	$17.00	$174
	Typical (3,000 W)	$0.84	$0.84	$25.49	$262
	High (5,000 W)	$1.40	$1.40	$42.49	$436
Australian Capital Territory37.0c/kWh · Evoenergy	Efficient (2,000 W)	$0.74	$0.74	$22.47	$231
	Typical (3,000 W)	$1.11	$1.11	$33.70	$346
	High (5,000 W)	$1.85	$1.85	$56.17	$576
Northern Territory31.7c/kWh · Power and Water	Efficient (2,000 W)	$0.63	$0.63	$19.26	$198
	Typical (3,000 W)	$0.95	$0.95	$28.89	$297
	High (5,000 W)	$1.58	$1.58	$48.15	$494

This table costs a constant draw at 1 h a day. The typical-use yearly figures below use the appliance's measured energy per use (1 kWh per hour of use) instead.

Where an electric oven costs more

South Australia is the dearest state to run one: $1.26 an hour at 3,000 W on its 41.9c/kWh rate, against $0.82 in Victoria. Over a year of typical use that gap is $45 (52.6% more).
By yearly running cost at typical use it ranks 19th of the 26 appliances costed on this site (1st costs the most): $103 a year at the NSW rate.
An efficient 2,000 W model costs $131 a year less than a typical 3,000 W one in SA at 1 hours a day for 312 days ($86 less in VIC); a high-draw 5,000 W model uses 2.5 times the power of the efficient one.
At the 1 July 2026 price reset, typical-use cost fell $7 in VIC (Jemena usage rate 29.7c to 27.5c/kWh) and rose $3 in WA (Western Power (SWIS) usage rate 32.4c to 33.3c/kWh).

Typical household use per year, cheapest state first (1 h/day, 312 days at 1 kWh per hour of use)
Rank	State	Usage rate	Typical year	Above the cheapest
1	Victoria	27.5c	$86	—
2	Tasmania	28.0c	$87	+$2
3	Queensland	28.0c	$87	+$2
4	Northern Territory	31.7c	$99	+$13
5	New South Wales	33.1c	$103	+$18
6	Western Australia	33.3c	$104	+$18
7	Australian Capital Territory	37.0c	$115	+$30
8	South Australia	41.9c	$131	+$45

Rates by state (each state's capital-city network): NSW: AER Default Market Offer 2026–27 (DMO 8); VIC: ESC Victorian Default Offer 2026–27; QLD: AER Default Market Offer 2026–27 (DMO 8); SA: AER Default Market Offer 2026–27 (DMO 8); WA: WA Government Standard Electricity Prices 2026–27 (Synergy Home Plan A1); TAS: OTTER-approved Aurora Energy Standing Offer 2026–27 (approved 25 June 2026) — Tariff 31; ACT: ICRC retail electricity price recalibration 2026–27 (ActewAGL standing offer); NT: NT Electricity Pricing Order 2026–27 (Jacana Energy standard residential). All effective 1 July 2026.

Appliance running-cost calculator

NSW

State

Power draw (watts)

Electric oven: 2,000–5,000 W typical range.

Hours per day

Days per year

Rated element watts peak on preheat; once at temperature the thermostat cycles, so real use is ~0.8–1.2 kWh per hour.

$0.99 per hour · $310/year at your settings

Per day (1 h): $0.99
Per month: $30.22
Per year (312 days): $310.16

Tariff: 33.1c/kWh — AER Default Market Offer 2026–27 (DMO 8) for the Ausgrid network, effective 1 July 2026. Wattage basis: EcoFlow AU — electric oven energy consumption. Full electric oven costs in NSW →

Cutting the cost

Skip the pre-heat for anything that isn't baking, and resist opening the door, since every peek lets the heat pour out. Cook in batches while it's already hot, use the fan-forced setting to cook at a lower temperature, and switch off a little early to coast on the residual heat. For small dishes, a benchtop oven, air fryer or microwave uses far less.

Frequently asked questions

How is the running cost calculated?: Watts ÷ 1,000 × the electricity rate = cost per hour. An electric oven drawing 3,000 W on NSW's 33.1c/kWh rate costs $0.99 an hour; the calculator below lets you change every input. For this appliance the yearly figure uses its measured energy per use rather than a constant draw.
Does a higher star rating cut the cost?: Yes. The star rating compresses the power draw or energy per use, which scales these figures directly. The low–high band in the table (2,000–5,000 W) roughly spans efficient to inefficient models.

Sources — figures current as at 17 July 2026.

Costs use each state's representative-zone reference usage rate, effective 1 July 2026. Rated element watts peak on preheat; once at temperature the thermostat cycles, so real use is ~0.8–1.2 kWh per hour.

How much does it cost to run an electric oven? (2026–27)

Where an electric oven costs more

Appliance running-cost calculator

Cutting the cost

Frequently asked questions

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