I have come across this which seems to contradict that
http://www.newatt.co.uk/wp/graphene
http://www.newatt.co.uk/wp/choose-the-right-radiatorHaving completed several years of research and development, Spanish manufacturer Newatt have launched a brand new electric radiator which consumes just a fraction of the electricity compared to that of all other heating devices, thus bringing an end to exorbitant winter heating bills forever. All thanks to Graphene.
Any thoughts?The rule of thumb is: you need approximately one third of the existing wattage when switching to Newatt low usage radiators. In other words, if you use a 1,500 watt oil filled radiator to heat a room now, you are likely to need a 500 watt Newatt radiator to heat the same room.