Electric Water Heater (Tank) in Cape Coral — $675/yr to Run (13.7¢/kWh)
Your electric water heater (tank) in Cape Coral costs about $56/month at 13.7¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Cape Coral, FL Electricity Rate
13.7¢/kWh
Utility: Florida Power & Light
+5% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.85
13.5 kWh/day
Monthly Cost
$56.21
411 kWh/mo
Annual Cost
$675
4,928 kWh/yr
Lifetime (12yr)
$8,095
energy only
Monthly Cost Breakdown in Cape Coral
| Period | kWh | Cape Coral Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.85 | $1.76 | +$0.09 |
| Weekly | 94.5 | $12.94 | $12.29 | +$0.65 |
| Monthly | 410.6 | $56.21 | $53.38 | +$2.83 |
| Quarterly | 1231.9 | $168.64 | $160.14 | +$8.50 |
| Annual | 4927.5 | $674.57 | $640.58 | +$34.00 |
Customize Your Electric Water Heater (Tank) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Cape Coral.
Daily
$1.85
Monthly
$56.21
Annual
$675
12-Year
$8,095
Energy Saving Tips for Electric Water Heater (Tank) in Cape Coral
- ✓Cape Coral electricity rates are 5% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Electric Water Heater (Tank) in Cape Coral saves ~$101/year compared to standard models.
- ✓A smart Electric Water Heater (Tank) with scheduling optimization can save ~$101/year at Cape Coral 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 Cape Coral saves approximately $101/year at local rates — $1,214 over the appliance lifetime.
Highest-Cost Appliances in Cape Coral, FL
See which appliances cost the most to run at Cape Coral's 13.7¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,774/yr
$147.85/mo
Electric Furnace
HVAC · 10,000W
$1,232/yr
$102.67/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$899/yr
$74.95/mo
EV Charger (Level 2)
Garage · 7,200W
$887/yr
$73.93/mo
Boiler (Electric)
HVAC · 6,000W
$739/yr
$61.60/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$675/yr
$56.21/mo
Heat Pump
HVAC · 2,400W
$526/yr
$43.81/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$493/yr
$41.07/mo
Electric Water Heater (Tank) Cost in Other Florida Cities
| City | Rate | Annual Cost | vs Cape Coral |
|---|---|---|---|
| Cape Coral (current) | 13.7¢ | $675 | — |
| Jacksonville | 14.3¢ | $706 | +$32 |
| Miami | 14.7¢ | $723 | +$49 |
| Tampa | 14.4¢ | $712 | +$37 |
| Orlando | 13.6¢ | $671 | $-3 |
| St. Petersburg | 13.0¢ | $639 | $-35 |
| Hialeah | 13.1¢ | $644 | $-31 |
| Port St. Lucie | 15.5¢ | $764 | +$89 |
| Tallahassee | 14.6¢ | $718 | +$44 |
Electric Water Heater (Tank) Energy Cost FAQ — Cape Coral, FL
Understanding Electric Water Heater (Tank) Energy Costs in Cape Coral, FL
Cape Coral is a mid-sized Florida city where residential electricity rates from Florida Power & Light are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Electric Water Heater (Tank) (4,500W) at Cape Coral's rate of 13.7¢/kWh costs approximately $675 per year — $34 more than the national average of $641.
Cape Coral rates are 5% above the national average — a modest premium that adds $34 per year to Electric Water Heater (Tank) operating costs. Over the appliance's 12-year lifespan, that's $408 in cumulative extra spending versus the national average.
With a cost of living index of 102, Cape Coral is near the national median. The Electric Water Heater (Tank)'s monthly cost of $56.21 represents a typical share of the average Cape Coral electric bill of $146/month. Upgrading to an ENERGY STAR Electric Water Heater (Tank) can cut energy use by up to 15%, saving approximately $101 per year at Cape Coral rates.
Cape Coral's moderate climate (avg 62.7°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. Cape Coral 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 Cape Coral.
Compare All Energy Costs in Cape Coral
See energy costs for 168+ household appliances at Cape Coral's local electricity rate.