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How much does an electric towel rail cost to use ?

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I need a new towel rail and because I need a large one, it seems I cannot get a 50w or similar dry one and need to get a glycerine filled one at about 500/600w.

Now I know it isn't drawing 600w 24/7/365 but I don't see a way to compare it to the 50w model, which even if it did draw full power 24/7 would only use just over 1kwh per day.

I want to know how far I can discount the 600w*24 =14.4kwh as I'm not in the market to spend £500 a year heating towels !

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