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1500 watts is 1.5 kilowatts. Run it for 1 hour and you have 1.5 kilowatt hours. My electricity costs .08 per kilowatt hour so, when I run my 1500 watt space heater, it costs me a whopping .12 per hour to operate. I can afford 12 cents per hour, compared to oil at $3.50 per gallon and a burner that burns up to 3 gallons per hour.
I do not know if this heater is on any product recall but we have used patton heaters for years and pretty much have had good luck with them. However there is a fire hazard present if you set or store combustibles to close to the front.Tip over switches don't always work and I would never recommend using a heater of this type in a unsupervised area.I hope this is of some help to you. Thank you and happy holidays.
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