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Both vented and ventless gas fireplaces have pros and cons, and the best choice depends on your needs and preferences. A ventless fireplace may be a good option if you do not have a chimney, but you should check local regulations as they are banned in some areas, such as California. On the other hand, if anyone in your household has allergies, asthma, or other respiratory sensitivities, a vented fireplace is a better choice for health and air quality.

Handbuilt masonry fireplaces are likely what comes to mind when we think about curling up by the fire at the end of the day. But bricks in the firebox and chimney tend to be heavy, which is not ideal for homes with weak or damaged foundations.

Prefabricated fireboxes come with a full flue and chimney system, significantly reducing the price and installation time. However, if you need to replace the panels down the line, you are locked into the same model or something very similar.

Some types of electric fireplaces use more electricity than others. Models that produce 1,500 watts will have more of an effect on your heating bill than 750-watt models. 

Electric fireplaces use an average of $1.85 of electricity every eight hours. These minimal operational costs aren’t likely to make a big difference in your electric bill—unless you’re using it as a primary heating source for your home and it’s running most of the time.

Electric fireplaces give off more heat than you might think. Because they don’t lose heat through a ventilation system, which is required for wood-burning and gas fireplaces, they’re able to disperse more heat into the room. However, many electric fireplaces are limited to a max of 5,000 or 5,200 BTU heat output, and you can get more from traditional fireplaces.