Electric Water Heater (Tank) in Parma — $560/yr to Run (11.4¢/kWh)
Your electric water heater (tank) in Parma costs about $47/month at 11.4¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Parma, OH Electricity Rate
11.4¢/kWh
Utility: AEP Ohio
-13% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.53
13.5 kWh/day
Monthly Cost
$46.69
411 kWh/mo
Annual Cost
$560
4,928 kWh/yr
Lifetime (12yr)
$6,723
energy only
Monthly Cost Breakdown in Parma
| Period | kWh | Parma Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.53 | $1.76 | $-0.22 |
| Weekly | 94.5 | $10.74 | $12.29 | $-1.54 |
| Monthly | 410.6 | $46.69 | $53.38 | $-6.69 |
| Quarterly | 1231.9 | $140.06 | $160.14 | $-20.08 |
| Annual | 4927.5 | $560.26 | $640.58 | $-80.32 |
Customize Your Electric Water Heater (Tank) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Parma.
Daily
$1.53
Monthly
$46.69
Annual
$560
12-Year
$6,723
Energy Saving Tips for Electric Water Heater (Tank) in Parma
- ✓Parma has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Electric Water Heater (Tank) in Parma saves ~$84/year compared to standard models.
- ✓A smart Electric Water Heater (Tank) with scheduling optimization can save ~$84/year at Parma 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 Parma saves approximately $84/year at local rates — $1,008 over the appliance lifetime.
Highest-Cost Appliances in Parma, OH
See which appliances cost the most to run at Parma's 11.4¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,474/yr
$122.80/mo
Electric Furnace
HVAC · 10,000W
$1,023/yr
$85.27/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$747/yr
$62.25/mo
EV Charger (Level 2)
Garage · 7,200W
$737/yr
$61.40/mo
Boiler (Electric)
HVAC · 6,000W
$614/yr
$51.16/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$560/yr
$46.69/mo
Heat Pump
HVAC · 2,400W
$437/yr
$36.38/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$409/yr
$34.11/mo
Electric Water Heater (Tank) Cost in Other Ohio Cities
Electric Water Heater (Tank) Energy Cost FAQ — Parma, OH
Understanding Electric Water Heater (Tank) Energy Costs in Parma, OH
In the Parma area, AEP Ohio 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 Parma's rate of 11.4¢/kWh costs approximately $560 per year — $80 less than the national average of $641.
Rates in Parma are close to the national average, so the Electric Water Heater (Tank)'s annual cost of $560 is broadly representative of what most US households pay. Over the 12-year expected lifespan, total energy cost reaches $6,723.
Parma's cost of living index of 90 is below the national average, and electricity costs reflect that affordability. The Electric Water Heater (Tank) adds $46.69/month to a typical bill of $102. Upgrading to an ENERGY STAR Electric Water Heater (Tank) can cut energy use by up to 15%, saving approximately $84 per year at Parma rates.
Parma's moderate climate (avg 49°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. Parma 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 Parma.
Compare All Energy Costs in Parma
See energy costs for 168+ household appliances at Parma's local electricity rate.