Electric Water Heater (Tank) in Knoxville — $591/yr to Run (12.0¢/kWh)
Your electric water heater (tank) in Knoxville costs about $49/month at 12.0¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Knoxville, TN Electricity Rate
12.0¢/kWh
Utility: Nashville Electric Service
-8% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.62
13.5 kWh/day
Monthly Cost
$49.27
411 kWh/mo
Annual Cost
$591
4,928 kWh/yr
Lifetime (12yr)
$7,096
energy only
Monthly Cost Breakdown in Knoxville
| Period | kWh | Knoxville Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.62 | $1.76 | $-0.14 |
| Weekly | 94.5 | $11.34 | $12.29 | $-0.95 |
| Monthly | 410.6 | $49.27 | $53.38 | $-4.11 |
| Quarterly | 1231.9 | $147.82 | $160.14 | $-12.32 |
| Annual | 4927.5 | $591.30 | $640.58 | $-49.28 |
Customize Your Electric Water Heater (Tank) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Knoxville.
Daily
$1.62
Monthly
$49.27
Annual
$591
12-Year
$7,096
Energy Saving Tips for Electric Water Heater (Tank) in Knoxville
- ✓Knoxville has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Electric Water Heater (Tank) in Knoxville saves ~$89/year compared to standard models.
- ✓A smart Electric Water Heater (Tank) with scheduling optimization can save ~$89/year at Knoxville 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 Knoxville saves approximately $89/year at local rates — $1,064 over the appliance lifetime.
Highest-Cost Appliances in Knoxville, TN
See which appliances cost the most to run at Knoxville's 12.0¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,555/yr
$129.60/mo
Electric Furnace
HVAC · 10,000W
$1,080/yr
$90.00/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$788/yr
$65.70/mo
EV Charger (Level 2)
Garage · 7,200W
$778/yr
$64.80/mo
Boiler (Electric)
HVAC · 6,000W
$648/yr
$54.00/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$591/yr
$49.27/mo
Heat Pump
HVAC · 2,400W
$461/yr
$38.40/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$432/yr
$36.00/mo
Electric Water Heater (Tank) Cost in Other Tennessee Cities
| City | Rate | Annual Cost | vs Knoxville |
|---|---|---|---|
| Knoxville (current) | 12.0¢ | $591 | — |
| Nashville | 12.0¢ | $590 | $-1 |
| Memphis | 13.1¢ | $646 | +$54 |
| Chattanooga | 12.3¢ | $607 | +$16 |
| Clarksville | 11.3¢ | $559 | $-33 |
| Murfreesboro | 12.7¢ | $626 | +$34 |
| Franklin | 12.5¢ | $615 | +$24 |
| Johnson City | 11.9¢ | $586 | $-5 |
| Jackson | 9.4¢ | $466 | $-126 |
Methodology & Energy Data Sources for Knoxville
How we calculate electric water heater (tank) energy costs in Knoxville, TN: Cost estimates use the standard formula: Annual Cost = (Wattage ÷ 1000) × Hours per Day × Days per Year × Local kWh Rate. We model regional electricity rate variation using EIA monthly data, which captures rate differences between investor-owned utilities, municipal providers, and rural electric cooperatives.
- Appliance wattage sourced from ENERGY STAR product database, manufacturer spec sheets, and DOE residential appliance test data.
- Local kWh rate for Knoxville reflects Tennessee averages from EIA Form 861 (utility sales data). Rates vary by season (typically 10-20% summer premium) and time-of-use in many Tennessee utilities.
- Usage patterns derived from RECS (Residential Energy Consumption Survey), EIA's official survey of US household energy use.
- Carbon footprint calculated using EPA eGRID emissions factors specific to your regional grid mix in Tennessee.
Authoritative US energy data sources:
- EIA Electric Power Monthly — official US electricity rate data by state
- EIA Residential Energy Consumption Survey (RECS) — household appliance usage patterns
- ENERGY STAR Product Finder — efficiency ratings for electric water heater (tank)s
- DOE Energy Saver — Electricity — official tips and appliance comparison
- EPA eGRID — Regional Emissions — carbon intensity by grid region
- EIA State Energy Profiles — Tennessee — generation mix, prices, and consumption
Disclaimer: Energy costs are estimates based on average appliance usage and Tennessee state-level kWh rates. Your actual costs depend on your specific utility provider, rate plan (flat, time-of-use, demand), local fees, taxes, and renewable energy credits. Check your utility bill for exact rates. For energy efficiency upgrades, consult your local utility's rebate programs and federal tax credits via ENERGY STAR Federal Tax Credits.
Reviewed by Brazora Monk · Last updated 2026 · EIA data current as of latest monthly release
Find Your Utility, Rate Plan & Incentives in Knoxville
The Tennessee state-average kWh rate shown above is a baseline — your actual cost depends on your specific utility provider, rate plan, and time-of-use schedule. Plus you may be missing rebates that pay for ENERGY STAR replacements:
Each utility has its own rate plans (flat, TOU, demand):
- • EIA — Find Your Utility (by ZIP)
- • EIA Tennessee State Profile
- • Time-of-use can save 20-40% if you shift heavy use to off-peak
Inflation Reduction Act provides ongoing credits:
- • ENERGY STAR Federal Tax Credits
- • 30% on solar/battery storage through 2032
- • Up to $2,000 heat pump credit annually
- • DOE — Federal Rebate Programs
State + utility-specific rebates stack with federal:
- • DSIRE — Tennessee Incentive Database
- • DOE State Energy Program
- • Many utilities offer $50-500 rebates on ENERGY STAR appliances
Replace efficient = save 25-50% kWh:
NABCEP-certified installers for solar/battery: NABCEP Certified Professionals Directory. Required for many state incentives.
Electric Water Heater (Tank) Energy Cost FAQ — Knoxville, TN
Understanding Electric Water Heater (Tank) Energy Costs in Knoxville, TN
Knoxville is a mid-sized Tennessee city where residential electricity rates from Nashville Electric Service are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Electric Water Heater (Tank) (4,500W) at Knoxville's rate of 12.0¢/kWh costs approximately $591 per year — $49 less than the national average of $641.
Rates in Knoxville are close to the national average, so the Electric Water Heater (Tank)'s annual cost of $591 is broadly representative of what most US households pay. Over the 12-year expected lifespan, total energy cost reaches $7,096.
With a cost of living index of 97, Knoxville is near the national median. The Electric Water Heater (Tank)'s monthly cost of $49.27 represents a typical share of the average Knoxville electric bill of $161/month. Upgrading to an ENERGY STAR Electric Water Heater (Tank) can cut energy use by up to 15%, saving approximately $89 per year at Knoxville rates.
Knoxville's moderate climate (avg 62.8°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. Knoxville 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 Knoxville.
Compare All Energy Costs in Knoxville
See energy costs for 178+ household appliances at Knoxville's local electricity rate.
Frequently Asked Questions
How much does it cost to run an Electric Water Heater (Tank) in Knoxville, TN?
At Knoxville's average electricity rate of 12.0¢/kWh, an Electric Water Heater (Tank) costs approximately $591 per year to run. That's about $49.27 per month with typical usage of 3 hours per day.
What is the electricity rate in Knoxville, TN?
The average residential electricity rate in Knoxville, TN is 12.0¢/kWh, which is 8% below the national average of 13.0¢/kWh. The primary utility provider is Nashville Electric Service.
How much electricity does an Electric Water Heater (Tank) use per year?
A Electric Water Heater (Tank) uses approximately 4,500 watts and consumes about 4,928 kWh per year with typical usage of 3 hours/day for 365 days/year.
Is an Electric Water Heater (Tank) expensive to run in Knoxville?
Compared to the national average cost of $641/year, running an Electric Water Heater (Tank) in Knoxville costs $49 less per year due to lower local electricity rates.
How can I reduce my Electric Water Heater (Tank) energy cost in Knoxville?
To reduce Electric Water Heater (Tank) costs in Knoxville: Set temperature to 120F. Insulate tank and hot water pipes. Upgrading to an ENERGY STAR model saves up to 15% on energy costs. Also check with Nashville Electric Service for local energy efficiency rebates and programs.