Electric Water Heater (Tank) Energy Cost Calculator
Traditional tank-style water heater storing 40-50 gallons of continuously heated water.
Power Draw
4,500W
watts
Annual kWh
4,927
avg usage
Annual Cost
$641
avg national
CO₂/Year
3.52 tons
carbon impact
Electric Water Heater (Tank) Cost Calculator
Customize usage and your state's electricity rate for accurate cost estimates.
Daily Cost
$1.76
Monthly Cost
$53.38
Annual Cost
$641
Lifetime Cost
$7,687
Energy Saving Opportunities
ENERGY STARAvailable
Save up to 15% vs standard models
~$96/year savings
Smart VersionAvailable
Smart scheduling saves 15% more energy
~$96/year savings
Energy Saving Tips
- ✓Set temperature to 120F
- ✓Insulate tank and hot water pipes
- ✓Drain sediment annually
Compare Alternatives
| Appliance | Watts | Annual kWh | Annual Cost |
|---|---|---|---|
| Electric Water Heater (Tank) (current) | 4,500W | 4,927 | $641 |
| Tankless Water Heater (Electric) | 18,000W | 3,285 | $427 |
| Heat Pump Water Heater | 500W | 1,095 | $142 |
Electric Water Heater (Tank) Cost Summary
Purchase Price (one-time)$1,200
Annual Energy Cost (at 13¢/kWh)$641
Lifespan 12 years
Lifetime Energy Cost (energy only)$7,687
Total Cost of Ownership (purchase + energy)$8,887
Electric Water Heater (Tank) Energy FAQ
Electric Water Heater (Tank) Running Cost by City (top 100)
Electricity rates vary by city, so the cost to run an electric water heater (tank) does too. See your local cost:
New York, NYLos Angeles, CAChicago, ILHouston, TXPhoenix, AZPhiladelphia, PASan Antonio, TXSan Diego, CADallas, TXSan Jose, CAAustin, TXJacksonville, FLFort Worth, TXColumbus, OHIndianapolis, INCharlotte, NCSan Francisco, CASeattle, WADenver, COWashington, DCNashville, TNOklahoma City, OKEl Paso, TXBoston, MAPortland, ORLas Vegas, NVDetroit, MIMemphis, TNLouisville, KYBaltimore, MDMilwaukee, WIAlbuquerque, NMTucson, AZFresno, CASacramento, CAKansas City, MOMesa, AZAtlanta, GAOmaha, NEColorado Springs, CORaleigh, NCLong Beach, CAVirginia Beach, VAMiami, FLOakland, CAMinneapolis, MNTulsa, OKBakersfield, CATampa, FLWichita, KSArlington, TXAurora, CONew Orleans, LACleveland, OHHonolulu, HIAnaheim, CALexington, KYStockton, CAHenderson, NVCorpus Christi, TXRiverside, CANewark, NJSaint Paul, MNSanta Ana, CACincinnati, OHIrvine, CAOrlando, FLPittsburgh, PASt. Louis, MOGreensboro, NCOyster Bay, NYJersey City, NJAnchorage, AKLincoln, NEPlano, TXDurham, NCBuffalo, NYChandler, AZChula Vista, CAToledo, OHMadison, WIGilbert, AZReno, NVLubbock, TXFort Wayne, INNorth Las Vegas, NVSt. Petersburg, FLIrving, TXLaredo, TXWinston-Salem, NCChesapeake, VAGlendale, AZGarland, TXScottsdale, AZArlington, VANorfolk, VANorth Hempstead, NYBoise, IDFremont, CASpokane, WA
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