Question: how much money does it cost to run an oven?
Answer: Most electric ovens draw between 2,000 and 5,000 watts, with the average electric stove wattage coming in at around 3,000 watts. So how much energy does an electric stove use per hour? Assuming an electricity rate of 12 cents per kilowatt-hour (kWh), a 3000-watt oven will cost you about 36 cents per hour at high heat.