The invention provides a system configured to heat at least a part of a subsurface formation. The system includes: an electrical power supply configured to provide modulated direct current (DC); and one or more electrical conductors configured to be electrically coupled to the electrical power supply and placed in an opening in the formation, wherein at least one of the electrical conductors has a heater section, the heater section comprising an electrically resistive ferromagnetic material configured to provide an electrically resistive heat output when electrical current is applied to the ferromagnetic material, and the heater section is configured to provide a reduced amount of heat near or above a selected temperature during use due to the decreasing electrical resistance of the heater section when the temperature of the ferromagnetic material is near or above the selected temperature, and the heater section has a turndown ratio of at least 1.1 to 1.