Accepted Answer
-- Power used when the heater is running = V²/R = (240)²/4.8= 12,000 watts. (12 KW)(A gigantic heater ... suitable for maybe a theater, not for a home.)-- Energy consumed in one day: (12 KW) x (24 hours) x (25%) = 72 KwH per day-- Energy consumed in 30 days: (72 KwH/day) x (30 days) = 2,160 KwH in 30 days-- Cost = ($0.1 / KwH) x (2,160 KwH) = $216.00 in 30 days