Electric Water Heater (Tank) in Waukegan — $705/yr to Run (14.3¢/kWh)

Your electric water heater (tank) in Waukegan costs about $59/month at 14.3¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.

Waukegan, IL Electricity Rate

14.3¢/kWh

Utility: ComEd

+10% vs national avg

National avg: 13.0¢/kWh

Daily Cost

$1.93

13.5 kWh/day

Monthly Cost

$58.76

411 kWh/mo

Annual Cost

$705

4,928 kWh/yr

Lifetime (12yr)

$8,462

energy only

Monthly Cost Breakdown in Waukegan

PeriodkWhWaukegan CostNational AvgDifference
Daily13.5$1.93$1.76+$0.18
Weekly94.5$13.52$12.29+$1.24
Monthly410.6$58.76$53.38+$5.38
Quarterly1231.9$176.28$160.14+$16.14
Annual4927.5$705.13$640.58+$64.55

Customize Your Electric Water Heater (Tank) Cost

Adjust usage hours and electricity rate to calculate your exact cost in Waukegan.

0.5h12h24h
25¢50¢

Daily

$1.93

Monthly

$58.76

Annual

$705

12-Year

$8,462

Energy Saving Tips for Electric Water Heater (Tank) in Waukegan

  • Waukegan electricity rates are 10% above the national average — energy efficiency matters more here.
  • An ENERGY STAR Electric Water Heater (Tank) in Waukegan saves ~$106/year compared to standard models.
  • A smart Electric Water Heater (Tank) with scheduling optimization can save ~$106/year at Waukegan 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 Waukegan saves approximately $106/year at local rates — $1,269 over the appliance lifetime.

Electric Water Heater (Tank) Cost in Other Illinois Cities

CityRateAnnual Costvs Waukegan
Waukegan (current)14.3¢$705
Chicago16.6¢$820+$115
Aurora15.0¢$738+$33
Joliet14.4¢$710+$4
Naperville14.6¢$722+$17
Rockford17.0¢$839+$134
Elgin13.6¢$669$-36
Springfield15.9¢$782+$76
Peoria16.9¢$830+$125

Electric Water Heater (Tank) Energy Cost FAQ — Waukegan, IL

Understanding Electric Water Heater (Tank) Energy Costs in Waukegan, IL

In the Waukegan area, ComEd 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 Waukegan's rate of 14.3¢/kWh costs approximately $705 per year — $65 more than the national average of $641.

Waukegan rates are 10% above the national average — a modest premium that adds $65 per year to Electric Water Heater (Tank) operating costs. Over the appliance's 12-year lifespan, that's $775 in cumulative extra spending versus the national average.

Waukegan's cost of living index of 90.3 is below the national average, and electricity costs reflect that affordability. The Electric Water Heater (Tank) adds $58.76/month to a typical bill of $129. Upgrading to an ENERGY STAR Electric Water Heater (Tank) can cut energy use by up to 15%, saving approximately $106 per year at Waukegan rates.

Waukegan's moderate climate (avg 53°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. Waukegan 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 Waukegan.

Compare All Energy Costs in Waukegan

See energy costs for 168+ household appliances at Waukegan's local electricity rate.

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