If you're looking to add a fireplace to your home, you may be wondering whether a gas or electric model is the more cost-effective option. The answer to this question depends on a number of factors, including the price of gas and electricity in your area and the efficiency of the fireplace itself.nnIn general, however, electric fireplaces tend to be cheaper to run than their gas counterparts. This is because electric fireplaces are 100% efficient, meaning that all of the heat they generate goes directly into the room, whereas gas fireplaces typically have an efficiency rating of around 60%. nnAdditionally, electric fireplaces don't require any special ventilation, meaning that you can install them almost anywhere in your home. As a result, if you're looking for a cost-effective way to add a fireplace to your home, an electric model is typically the way to go.