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The cost efficiency of a heater depends on a number of factors. First, what do you want to heat and where do you want to heat it?

If you want to heat a one person working in a large warehouse or office it is probably most cost efficient to use a radiant heater or infrared heater that can be directed at the person. such a heater avoids heating the air in the whole room which could be expensive if the room is very large. Second, what is the relative cost of fuel where you live?

Paraffin and diesel heaters can be very efficient in burning all the fuel they use so you get the most out of them but is it cheap as electricity? You need to look at the cost per Kilowatt hour output by each unit. The most efficient electric heaters are probably those that use a heat pump as you can get as much as 3 times as much heat out of the unit as you put in as it extracts heat from its surroundings (even cold air outside).

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