Electric Water Heater (Tank) in Raleigh — $627/yr to Run (12.7¢/kWh)
Your electric water heater (tank) in Raleigh costs about $52/month at 12.7¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Raleigh, NC Electricity Rate
12.7¢/kWh
Utility: Duke Energy Progress
-2% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.72
13.5 kWh/day
Monthly Cost
$52.27
411 kWh/mo
Annual Cost
$627
4,928 kWh/yr
Lifetime (12yr)
$7,527
energy only
Monthly Cost Breakdown in Raleigh
| Period | kWh | Raleigh Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.72 | $1.76 | $-0.04 |
| Weekly | 94.5 | $12.03 | $12.29 | $-0.26 |
| Monthly | 410.6 | $52.27 | $53.38 | $-1.11 |
| Quarterly | 1231.9 | $156.82 | $160.14 | $-3.33 |
| Annual | 4927.5 | $627.27 | $640.58 | $-13.30 |
Customize Your Electric Water Heater (Tank) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Raleigh.
Daily
$1.72
Monthly
$52.27
Annual
$627
12-Year
$7,527
Energy Saving Tips for Electric Water Heater (Tank) in Raleigh
- ✓Raleigh has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Electric Water Heater (Tank) in Raleigh saves ~$94/year compared to standard models.
- ✓A smart Electric Water Heater (Tank) with scheduling optimization can save ~$94/year at Raleigh 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 Raleigh saves approximately $94/year at local rates — $1,129 over the appliance lifetime.
Highest-Cost Appliances in Raleigh, NC
See which appliances cost the most to run at Raleigh's 12.7¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,650/yr
$137.48/mo
Electric Furnace
HVAC · 10,000W
$1,146/yr
$95.48/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$836/yr
$69.70/mo
EV Charger (Level 2)
Garage · 7,200W
$825/yr
$68.74/mo
Boiler (Electric)
HVAC · 6,000W
$687/yr
$57.28/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$627/yr
$52.27/mo
Heat Pump
HVAC · 2,400W
$489/yr
$40.74/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$458/yr
$38.19/mo
Electric Water Heater (Tank) Cost in Other North Carolina Cities
| City | Rate | Annual Cost | vs Raleigh |
|---|---|---|---|
| Raleigh (current) | 12.7¢ | $627 | — |
| Charlotte | 13.3¢ | $657 | +$30 |
| Greensboro | 13.6¢ | $672 | +$44 |
| Durham | 13.3¢ | $654 | +$27 |
| Winston-Salem | 14.0¢ | $689 | +$62 |
| Fayetteville | 12.7¢ | $628 | +$0 |
| Cary | 13.1¢ | $644 | +$17 |
| Wilmington | 14.1¢ | $692 | +$65 |
| High Point | 13.5¢ | $667 | +$39 |
Electric Water Heater (Tank) Energy Cost FAQ — Raleigh, NC
Understanding Electric Water Heater (Tank) Energy Costs in Raleigh, NC
Raleigh is a mid-sized North Carolina city where residential electricity rates from Duke Energy Progress are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Electric Water Heater (Tank) (4,500W) at Raleigh's rate of 12.7¢/kWh costs approximately $627 per year — $13 less than the national average of $641.
Rates in Raleigh are close to the national average, so the Electric Water Heater (Tank)'s annual cost of $627 is broadly representative of what most US households pay. Over the 12-year expected lifespan, total energy cost reaches $7,527.
Raleigh's cost of living index of 87 is below the national average, and electricity costs reflect that affordability. The Electric Water Heater (Tank) adds $52.27/month to a typical bill of $121. Upgrading to an ENERGY STAR Electric Water Heater (Tank) can cut energy use by up to 15%, saving approximately $94 per year at Raleigh rates.
Raleigh's moderate climate (avg 64°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. Raleigh 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 Raleigh.
Compare All Energy Costs in Raleigh
See energy costs for 168+ household appliances at Raleigh's local electricity rate.