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How Much Does It Cost to Run an Electric Water Heater?

An electric water heater is one of the largest energy users in most homes — a 4,000-watt element reheating the tank several hours a day. At the US-average rate of 16.5¢/kWh, running an electric water heater costs about $60.15/month ($721.82/year) at typical use. Adjust the watts, hours, and your rate below for your exact number.

Cost to run an electric water heater

$722/yr

Per day
$1.98
Per month
$60.15
Energy per year
4,380 kWh

Cost = power (kW) × hours × days × your rate. Defaults are typical values — enter your appliance's actual watts (often on a label) and your real rate for a precise figure.

How much electricity does an electric water heater use?

At 4,000 W for 3 hours a day, an electric water heater uses about 12 kWh per day — roughly 365 kWh per month and 4,380 kWh per year. That's about 42% of the 863 kWh the average US home uses in a month. Energy use is the same everywhere — only the price per kWh changes your bill.

Wondering about the circuit instead? See how many amps an electric water heater draws.

Cost to run an electric water heater by electricity rate

Same 4,000 W appliance, 3 h/day — the bill changes with where you live.

ScenarioRatePer monthPer year
Cheapest states (North Dakota)11.5¢$42.01$504.14
US average16.5¢$60.15$721.82
Most expensive (Hawaii)42.9¢$156.44$1,877.27

Find your state's rate on the electricity rates by state page, or see the appliance wattage chart for more devices.

Frequently asked questions

At the US-average residential rate of 16.5¢/kWh, an electric water heater drawing 4,000 watts for about 3 hours a day costs roughly $1.98 per day, $60.15 per month, and $721.82 per year. Your actual cost depends on your electricity rate and how much you use it, and the calculator on this page adjusts for both.

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