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National prices for new ceiling fan installations range from $106 to $273 and are mostly affected by the location for your new fixture and the condition of your homeâs wiring.
Question: How much electricity does a ceiling fan use? Ceiling fans are extremely efficient and can cost as little as 2 or 3 cents per hour to operate. Compare this to about 50 cents per hour for central air and you can see there is a lot of money to be saved by using ceiling fans.Of course these numbers will vary depending on your location, but it puts the proportonal cost of running air conditioning versus ceiling fans into perspective.ompare this to about 50 cents per hour for central air and you can see there is a lot of money to be saved by using ceiling fans. Of course these numbers will vary depending on your location, but it puts the proportonal cost of running air conditioning versus ceiling fans into perspective.