Electric Water Heater (Tank) in Bloomington — $605/yr to Run (12.3¢/kWh)
Your electric water heater (tank) in Bloomington costs about $50/month at 12.3¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Bloomington, IN Electricity Rate
12.3¢/kWh
Utility: Indiana Michigan Power
-6% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.66
13.5 kWh/day
Monthly Cost
$50.38
411 kWh/mo
Annual Cost
$605
4,928 kWh/yr
Lifetime (12yr)
$7,255
energy only
Monthly Cost Breakdown in Bloomington
| Period | kWh | Bloomington Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.66 | $1.76 | $-0.10 |
| Weekly | 94.5 | $11.60 | $12.29 | $-0.69 |
| Monthly | 410.6 | $50.38 | $53.38 | $-3.00 |
| Quarterly | 1231.9 | $151.15 | $160.14 | $-8.99 |
| Annual | 4927.5 | $604.60 | $640.58 | $-35.97 |
Customize Your Electric Water Heater (Tank) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Bloomington.
Daily
$1.66
Monthly
$50.38
Annual
$605
12-Year
$7,255
Energy Saving Tips for Electric Water Heater (Tank) in Bloomington
- ✓Bloomington has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Electric Water Heater (Tank) in Bloomington saves ~$91/year compared to standard models.
- ✓A smart Electric Water Heater (Tank) with scheduling optimization can save ~$91/year at Bloomington rates.
- ✓Set temperature to 120F
- ✓Insulate tank and hot water pipes
- ✓Drain sediment annually
ENERGY STAR Savings: Upgrading to an ENERGY STAR Electric Water Heater (Tank) in Bloomington saves approximately $91/year at local rates — $1,088 over the appliance lifetime.
Highest-Cost Appliances in Bloomington, IN
See which appliances cost the most to run at Bloomington's 12.3¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,590/yr
$132.52/mo
Electric Furnace
HVAC · 10,000W
$1,104/yr
$92.02/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$806/yr
$67.18/mo
EV Charger (Level 2)
Garage · 7,200W
$795/yr
$66.26/mo
Boiler (Electric)
HVAC · 6,000W
$663/yr
$55.22/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$605/yr
$50.38/mo
Heat Pump
HVAC · 2,400W
$471/yr
$39.26/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$442/yr
$36.81/mo
Electric Water Heater (Tank) Cost in Other Indiana Cities
| City | Rate | Annual Cost | vs Bloomington |
|---|---|---|---|
| Bloomington (current) | 12.3¢ | $605 | — |
| Indianapolis | 12.9¢ | $635 | +$30 |
| Fort Wayne | 13.3¢ | $657 | +$52 |
| Evansville | 14.4¢ | $709 | +$104 |
| South Bend | 15.0¢ | $737 | +$133 |
| Carmel | 11.0¢ | $541 | $-64 |
| Fishers | 12.4¢ | $611 | +$6 |
| Hammond | 10.3¢ | $509 | $-96 |
| Lafayette | 12.7¢ | $627 | +$23 |
Electric Water Heater (Tank) Energy Cost FAQ — Bloomington, IN
Understanding Electric Water Heater (Tank) Energy Costs in Bloomington, IN
In the Bloomington area, Indiana Michigan Power serves a smaller residential base, and rates can be more sensitive to seasonal demand swings than in larger metros. Running a high-draw appliance like the Electric Water Heater (Tank) (4,500W) at Bloomington's rate of 12.3¢/kWh costs approximately $605 per year — $36 less than the national average of $641.
Rates in Bloomington are close to the national average, so the Electric Water Heater (Tank)'s annual cost of $605 is broadly representative of what most US households pay. Over the 12-year expected lifespan, total energy cost reaches $7,255.
Bloomington's cost of living index of 90.5 is below the national average, and electricity costs reflect that affordability. The Electric Water Heater (Tank) adds $50.38/month to a typical bill of $110. Upgrading to an ENERGY STAR Electric Water Heater (Tank) can cut energy use by up to 15%, saving approximately $91 per year at Bloomington rates.
Bloomington's moderate climate (avg 54°F) helps keep seasonal energy cost swings manageable for most appliances. A Electric Water Heater (Tank) produces approximately 3.52 tons of CO2 annually at typical usage. Bloomington residents can reduce this footprint by choosing an ENERGY STAR certified unit, optimizing usage patterns, or investing in solar — see our solar savings calculator for Bloomington.
Compare All Energy Costs in Bloomington
See energy costs for 168+ household appliances at Bloomington's local electricity rate.