Electric Water Heater (Tank) in Chicago — $820/yr to Run (16.6¢/kWh)
Your electric water heater (tank) in Chicago costs about $68/month at 16.6¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Chicago, IL Electricity Rate
16.6¢/kWh
Utility: ComEd (Commonwealth Edison)
+28% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$2.25
13.5 kWh/day
Monthly Cost
$68.33
411 kWh/mo
Annual Cost
$820
4,928 kWh/yr
Lifetime (12yr)
$9,839
energy only
Monthly Cost Breakdown in Chicago
| Period | kWh | Chicago Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $2.25 | $1.76 | +$0.49 |
| Weekly | 94.5 | $15.72 | $12.29 | +$3.44 |
| Monthly | 410.6 | $68.33 | $53.38 | +$14.95 |
| Quarterly | 1231.9 | $204.98 | $160.14 | +$44.84 |
| Annual | 4927.5 | $819.94 | $640.58 | +$179.36 |
Customize Your Electric Water Heater (Tank) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Chicago.
Daily
$2.25
Monthly
$68.33
Annual
$820
12-Year
$9,839
Energy Saving Tips for Electric Water Heater (Tank) in Chicago
- ✓Chicago electricity rates are 28% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Electric Water Heater (Tank) in Chicago saves ~$123/year compared to standard models.
- ✓A smart Electric Water Heater (Tank) with scheduling optimization can save ~$123/year at Chicago 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 Chicago saves approximately $123/year at local rates — $1,476 over the appliance lifetime.
Highest-Cost Appliances in Chicago, IL
See which appliances cost the most to run at Chicago's 16.6¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$2,157/yr
$179.71/mo
Electric Furnace
HVAC · 10,000W
$1,498/yr
$124.80/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$1,093/yr
$91.10/mo
EV Charger (Level 2)
Garage · 7,200W
$1,078/yr
$89.86/mo
Boiler (Electric)
HVAC · 6,000W
$899/yr
$74.88/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$820/yr
$68.33/mo
Heat Pump
HVAC · 2,400W
$639/yr
$53.25/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$599/yr
$49.92/mo
Electric Water Heater (Tank) Cost in Other Illinois Cities
| City | Rate | Annual Cost | vs Chicago |
|---|---|---|---|
| Chicago (current) | 16.6¢ | $820 | — |
| Aurora | 15.0¢ | $738 | $-82 |
| Joliet | 14.4¢ | $710 | $-110 |
| Naperville | 14.6¢ | $722 | $-98 |
| Rockford | 17.0¢ | $839 | +$19 |
| Elgin | 13.6¢ | $669 | $-151 |
| Springfield | 15.9¢ | $782 | $-38 |
| Peoria | 16.9¢ | $830 | +$10 |
| Waukegan | 14.3¢ | $705 | $-115 |
Electric Water Heater (Tank) Energy Cost FAQ — Chicago, IL
Understanding Electric Water Heater (Tank) Energy Costs in Chicago, IL
In a major metro like Chicago, electricity demand is high and rates reflect the cost of maintaining infrastructure for 2.7 million residents. Running a high-draw appliance like the Electric Water Heater (Tank) (4,500W) at Chicago's rate of 16.6¢/kWh costs approximately $820 per year — $179 more than the national average of $641.
Electricity in Chicago is significantly more expensive than the national average — 28% higher. For a Electric Water Heater (Tank) used 3 hours per day, this rate premium adds up to $179 in extra annual costs. Energy-efficient models and usage habits have an outsized impact in high-rate markets like this.
Chicago's cost of living index of 87 is below the national average, and electricity costs reflect that affordability. The Electric Water Heater (Tank) adds $68.33/month to a typical bill of $141. Upgrading to an ENERGY STAR Electric Water Heater (Tank) can cut energy use by up to 15%, saving approximately $123 per year at Chicago rates.
Chicago's moderate climate (avg 45°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. Chicago 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 Chicago.
Compare All Energy Costs in Chicago
See energy costs for 168+ household appliances at Chicago's local electricity rate.